(EQS-News / 03/02/2015 / 18:39 UTC+8)
To: Business Editor
For Immediate Release
?????????
Hua Hong Semiconductor Limited
Hua Hong Semiconductor Shipped over 565 Million
Java Smart Card Chips in 2014 and Hit a Historical High
[February 3, 2015, Hong Kong] Hua Hong Semiconductor Limited ("Hua Hong
Semiconductor" or the "Company", together with its subsidiaries, the
"Group", stock code: 1347), a leading pure-play 200mm foundry in the world,
announced today that it shipped more than 565 million Java smart card chips
in 2014, hitting a historical high and surging by 62% compared with the 348
million shipments in 2013. Such significant growth is mainly benefited from
the applications of Java smart cards driven by global mobile communication
market as well as the recognition and support gained from multiple renowned
fabless chip design houses in the industry.
Java smart cards, given their perfect extendibility, good compatibility and
high security, have been widely used in a number of areas demanding high
security, including telecommunication and finance, etc. Company's 0.13µm
and 0.11µm embedded non-volatile memory (eNVM) solution offers high
reliability and 100 years of data retention after 300,000 endurance. Its
eNVM solutions deliver superior performance on smaller die size relative to
those of its competitors. In particular, the chip's unit cost of the 0.11µm
embedded flash memory technology, with only twenty-five mask layers, is
relatively lower compared to that of 300mm wafer process technology. It is
recognized as the most cost-effective solution in the market nowadays.
These advantages make Hua Hong Semiconductor the foundry of choice for a
variety of fast growing eNVM applications such as smart cards and MCUs.
As a technology leader in the smart card foundry field for years, Hua Hong
Semiconductor is now the largest smart card IC foundry in the world. It
shipped 3.14 billion smart card chips, which include 2.66 billion SIM card
chips in 2014, accounting for approximately 50% share in the global market.
"Given the market opportunity of rapidly growing mobile payment, we look
forward to stepping further in the high density flash memory Java smart
card market. We are actively developing a chip manufacturing process
platform to cater the needs of high integration, high performance, high
reliability, high security and low power consumption for the new generation
mobile payment, and enhance the market competitiveness of our clients'
products," said Dr. Cheng Fu, Executive Vice President of Hua Hong
Semiconductor.
End
About Hua Hong Semiconductor Limited
Hua Hong Semiconductor is a global leading pure-play 200mm foundry,
primarily focusing on research and manufacturing of semiconductors on 200mm
wafers for specialty applications, in particular eNVM and power discretes.
The Group's portfolio also includes several other advanced process
technologies such as RFCMOS, analog and mixed signal, PMIC and MEMS.
According to IBS, based on total 2013 revenues, the Group ranked second
globally amongst pure-play 200mm foundries, and sixth amongst all the
pure-play foundries worldwide. The semiconductors Hua Hong Semiconductor
manufactures are incorporated into a wide range of products in diverse
markets, including consumer electronics, communications, computing,
industrial and automotive. Hua Hong Semiconductor uses its own proprietary
processes and techniques to manufacture semiconductors of the design
specifications of its diverse customers. The Group currently has one of the
largest 200mm wafer processing capacities in China through its three fabs
in Shanghai, with an approximate total 200mm wafer manufacturing capacity
of 129,000 wafers per month as of September 30, 2014. The Group also offers
design enablement services facilitating the timely completion of complex
designs that are optimized in terms of performance, cost and manufacturing
yield on its processes.
Hua Hong Semiconductor's current business is mainly operated and developed
through Shanghai Huahong Grace Semiconductor Manufacturing Corporation
("HHGrace"), which is its subsidiary based in Shanghai. HHGrace was
incorporated through the consolidation between Shanghai Hua Hong NEC
Electronics Company, Limited and Grace Semiconductor Manufacturing
Corporation.
For more information please visit: www.huahonggrace.com
Issued by Porda Havas International Finance Communications Group for and on
behalf of Hua Hong Semiconductor Limited. For further information, please
contact:
Porda Havas International Finance Communications Group
Kelly Fung +852 3150 6763 kelly.fung@pordahavas.com
Tiff Ko +852 3150 6736 tiff.ko@pordahavas.com
Sam Fang +852 3150 6721 sam.fang@pordahavas.com
Chris Ye +852 3150 6705 chris.ye@pordahavas.com
Fax: +852 3150 6728
End of Press Release
+++++
Document: http://n.equitystory.com/c/fncls.ssp?u=EUMRXGACXI
Document title: Hua Hong Semiconductor Shipped over 565 Million Java
Smart Card Chips in 2014 and Hit a Historical High
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