Zhejiang Liufang Semiconductor Technology

About Zhejiang Liufang Semiconductor Technology

Zhejiang Liufang Semiconductor Technology Co., Ltd. is a materials science company established in January 2018, operating in the high-stakes semiconductor sector. The venture was initiated by Dr. He Shaolong, a former professor at the Chinese Academy of Sciences, who transitioned from academia to entrepreneurship to address critical gaps in China's domestic semiconductor supply chain. Dr. He's extensive background includes a degree from Zhejiang University's physics department, postdoctoral research at Japan's Hiroshima University and National Institute for Materials Science (NIMS), and a research position at the Chinese Academy of Sciences' Institute of Physics, providing a deep technical foundation for the company's pursuits.

The firm concentrates on developing and producing crucial consumable materials for the semiconductor manufacturing process, a market segment historically dominated by foreign entities. Its core business revolves around the application of specialized coatings, such as silicon carbide (SiC) and tantalum carbide (TaC), to graphite components used in chip fabrication. These coated products, including epitaxial trays and wafer boats, are essential for processes like chemical vapor deposition (CVD), crystal growth, and etching. The coatings impart superior hardness, high-temperature resistance, and corrosion resistance to the components, which is vital for the production of LED, silicon, SiC, and GaN chips.

Liufang Semiconductor serves a client base that includes manufacturers of LEDs, third-generation semiconductors, integrated circuits, and photovoltaics. The company has successfully integrated into the supply chains of notable publicly listed companies such as Li-on Micro and JCET. Its business model is based on the direct sale of these high-performance consumable components to chip manufacturers. The company manages the entire production chain, from graphite purification and precision machining to the final CVD coating and inspection, ensuring control over quality and scalability.

Since its inception, the company has achieved significant financial milestones, securing multiple funding rounds. These include an A-round in May 2022 and a B1-round of nearly 100 million RMB in November 2023, with investments from firms like Xuanyuan Capital, Jinbang Capital, and strategic investments from industry players Li-on Micro and Konfoong Materials. This capital is being used to expand production capacity, enhance market penetration, and further iterate on its technology and processes.