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
$688M (FY2025) · +36.2% YoY
Net income
$160M
Operating margin
23.6%
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.

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

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Sources

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