Hwatsing Technology
Hwatsing Technology is a challenger in the Equipment (Front End) segment of the semiconductor & AI supply chain, headquartered in China. Its key customers include ChangXin Memory (CXMT), Yangtze Memory (YMTC), SMIC.
China's leading domestic CMP (planarization) equipment maker.
- Ticker
- SSE: 688120
- Headquarters
- China
- Revenue
- $692M (FY2025) · +36.2% YoY
- Net income
- $161M
- Operating margin
- 18.9%
- Market position
- challenger
- Value-chain segment
- CMP & Planarization
- Key products
- CMP (chemical mechanical planarization) equipment, Post-CMP cleaning tools, CMP endpoint detection and metrology, CMP consumables (pads, conditioners), Wafer edge-polishing equipment
About Hwatsing Technology
Hwatsing Technology, headquartered in China, operates in the CMP & Planarization segment of the semiconductor & AI supply chain and is positioned as a market challenger there. Its key products include CMP (chemical mechanical planarization) equipment, Post-CMP cleaning tools, CMP endpoint detection and metrology, CMP consumables (pads, conditioners), Wafer edge-polishing equipment. wafergraph maps 10 tracked customers for Hwatsing Technology across the value chain. It has a supply-chain criticality score of 58/100, with 238 companies downstream of it.
Role in the chain
Hwatsing Technology is a market challenger in Equipment (Front End) (CMP & Planarization), headquartered in China. China's leading domestic CMP (planarization) equipment maker.
Diligence questions
- The dataset names 10 tracked customers for Hwatsing Technology. How concentrated is demand among those names, and which of them have a documented second source in this graph?
- Hwatsing Technology is headquartered in China. What jurisdiction, export-control or logistics risk sits at that HQ, versus at the fabs or plants the filings actually name?
- Hwatsing Technology trades as SSE:688120. What does the latest reported period say about capacity and backlog versus the graph position above?
- Before treating any edge as a verified relationship, check the provenance labels on the company page and the method note at /methodology.
Key products
- CMP (chemical mechanical planarization) equipment
- Post-CMP cleaning tools
- CMP endpoint detection and metrology
- CMP consumables (pads, conditioners)
- Wafer edge-polishing equipment
Customers
More Equipment (Front End) companies
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Sources
Open the interactive supply-chain view →
Cite as: wafergraph, “Hwatsing Technology — supply chain, financials & market position”, https://wafergraph.com/company/hwatsing (data as of 2026-09-05).
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