Hwatsing Technology

Hwatsing Technology secures a CNY1.7 billion site in Shanghai to expand its semiconductor manufacturing equipment production. The facility will increase capacity for ion implanter and chemical-mechanical planarization (CMP) systems, key tools in chip fabrication. Hwatsing operates as a subsidiary of Huahai Qingke, a semiconductor company.

Nov 2026EEFocusNews article

Hwatsing Technology reports a **35% year-over-year revenue increase** in its 2026 first-half results, driven by **over 1,000 units of CMP (chemical-mechanical planarization) equipment shipments**. The company also records profit growth, though rising accounts receivable—now exceeding **50% of revenue**—raises concerns about cash flow efficiency. Analysts highlight the trade-off between scaling demand and working capital management.

Aug 2026BigGo FinanceNews article

Hwatsing Technology launches a metrology system for six-inch wafers that integrates directly into chemical mechanical polishing (CMP) workflows. The system enables real-time measurements before and after polishing, offering live feedback to the control system. This marks China’s first such system paired with CMP equipment, improving precision in semiconductor manufacturing.

Aug 2026China Money NetworkNews article

Hwatsing Technology raises up to **US$552 million** in private funding to expand **chemical mechanical planarization (CMP) equipment** production and **wafer reclamation services**. The company, China’s top domestic CMP supplier, also accelerates **high-end semiconductor tool R&D** with the capital. The funding aims to narrow the gap with global competitors in advanced chip manufacturing tools.

Jun 2026DigiTimesNews article