Technology Author：Notrice Jul 19, 2023 12:17 PM (GMT+8)

Wuxi-based semiconductor company XIVI Technology（星微科技） recently concluded a Series A financing round, raising nearly CNY 100 million. The funding was led by Glory Ventures（ 耀途资本） and saw participation from prominent investors such as Ivy Capital（常春藤资本） and Beiyanghaitang Fund（北洋海棠基金）.

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Founded in 2015, XIVI Technology specializes in providing precision motion control products for the semiconductor equipment sector. Since 2017, the company has been engaged in the design and development of wafer transfer system products. In 2019, XIVI Technology successfully developed and launched the core product of its wafer transfer system, the wafer transfer robot arm. Starting from 2020, the company's precision motion platforms and transfer systems have been mass-produced and utilized in semiconductor wafer inspection and general semiconductor precision manufacturing equipment.

While the overall market competition for semiconductor equipment components is relatively fragmented, certain key segments exhibit high market concentration. Currently, the domestic rate of integrated circuit equipment localization remains below 10%, indicating significant growth potential for domestic semiconductor equipment. According to the latest Global Semiconductor Equipment Market Report released by the Semiconductor Equipment and Materials International (SEMI) in April this year, global sales of semiconductor manufacturing equipment reached USD 107.6 billion in 2022, marking a 5% increase from the USD 102.6 billion recorded in 2021 and setting a new historical high.

Data from the China Commercial Industry Research Institute（中商产业研究院）reveals a remarkable growth rate in the Chinese semiconductor equipment market. In 2021, China's semiconductor equipment market experienced consecutive growth, with sales reaching USD 27.788 billion, representing a year-on-year increase of 58.1% and solidifying its position as the world's largest semiconductor equipment market for two consecutive years. It is projected that the scale of China's semiconductor market in 2022 will be around USD 38.269 billion , with semiconductor sales reaching USD 28.3 billion. The full-year sales for 2023 are expected to reach USD 43.72 billion.

The global semiconductor equipment market is primarily dominated by foreign manufacturers, with companies from the United States, Japan, and the Netherlands holding monopolistic positions. In 2020, the top five leading enterprises in the global semiconductor equipment industry were AMAT, ASML, LAM,TEL, and KLA. However, in recent years, the Chinese semiconductor industry has shown promising development, with the emergence of competitive enterprises such as, Huawei HiSilicon（华为海思）,Hygon Information（海光信息）,JINGJIA MICRO(景嘉微), Loongson Technology(龙芯中科),Wingtech Technology(闻泰科技) and JCET(长电科技)。

Following the completion of this financing round, XIVI Technology will utilize the raised funds to expedite its product development process, expand operational production scale, strengthen domestic and international market expansion efforts, and enhance customer service capabilities. These initiatives aim to drive technological innovation in the domestic semiconductor equipment components sector.