GigaDevice goes public in Hong Kong

Monika From Gasgoo

Shanghai (Gasgoo)- On January 13, Chinese semiconductor firm GigaDevice made its debut on the main board of the Hong Kong Stock Exchange, completing the build-out of its dual capital platform spanning the A-share and H-share markets.

Photo source: GigaDevice

Founded in 2005, GigaDevice has focused consistently on fabless chip design. Over the past two decades, it has built a broad product portfolio spanning Flash memory, specialty DRAM, microcontrollers (MCUs), analog chips and sensors. These products are deployed across a wide range of end markets, including consumer electronics, automotive systems, industrial control, energy storage, IoT devices, PCs and servers, and communications equipment. The company is among a small group of Chinese chipmakers that have achieved global competitiveness across multiple core memory and control-chip categories.

In automotive-grade chips, GigaDevice has established a scaled product lineup covering both memory and MCUs. Its automotive-grade Flash shipments have exceeded 300 million units, with applications ranging from smart cockpits to advanced driver-assistance systems. On the high-performance MCU front, the GD32A7 automotive series has entered mass production and secured design wins across multiple vehicle models, while cumulative shipments of the GD32A family have surpassed 8 million units. Earlier this month, on January 12, the company announced a strategic partnership with Chery Automobile, aimed at jointly advancing automotive-grade chips and next-generation electronic and electrical architectures.

The listing also comes against a favorable industry backdrop. Since the start of the year, the memory market has entered what analysts describe as a "super cycle," with prices reaching record highs. DRAM prices alone have risen by roughly 55% to 60% on a quarter-on-quarter basis, creating additional upside potential for memory-focused players such as GigaDevice.

With its Hong Kong listing now complete, GigaDevice is placing greater strategic emphasis on global expansion. The company said it plans to further strengthen its diversified chip portfolio from a global perspective, targeting structural growth opportunities in areas such as artificial intelligence, the Internet of Things and intelligent vehicles. By combining technological innovation with ecosystem partnerships and brand building, GigaDevice aims to establish a more resilient and system-level competitive edge in the international semiconductor market.

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