Xinying Technology

About Xinying Technology

Established in 2016, Xinying Technology, also known as Chipwealth, operates as a fabless semiconductor company specializing in the design and sale of display driver chips for Organic Light-Emitting Diode (OLED) screens. The company was originally the display driver chip division of Sino Wealth Electronic Ltd. before being established as an independent entity. This strategic move allowed the research and development team, already focused on display driver chip design, to concentrate its efforts on this specific market segment.

Xinying Technology's business model is business-to-business (B2B), providing its products and associated technical support to manufacturers. The company generates revenue through the sale of its specialized chips. Its client base primarily consists of domestic PMOLED and AMOLED panel manufacturers in China. The firm has received multiple rounds of venture capital funding to support its growth and operations. In 2020, Sino Wealth Electronic Ltd., its parent company, announced a significant equity round of funding, indicating a move to maintain a controlling stake.

The company's core products are driver chips for both Passive-Matrix (PMOLED) and Active-Matrix (AMOLED) OLED displays. These chips are integral components for a wide array of consumer electronics, including wearables like smart bracelets, smartphones, automotive dashboards, smart home appliances, and sports cameras. For the PMOLED market, Xinying offers several mature products for various screen sizes. In the more advanced AMOLED sector, the company has developed a range of driver chips for mobile phone screens, catering to both original equipment manufacturers and the aftermarket repair sector. Notably, they have also developed specific AMOLED driver chips for wearables with 360x360 and 480x480 resolutions. The company holds numerous patents related to display driver technology, covering areas such as brightness compensation, current control, and electrostatic discharge protection.