Title : SmartSens Sales Doubled this Year, Expected to Double Again Next Year, IPO Plans
link : SmartSens Sales Doubled this Year, Expected to Double Again Next Year, IPO Plans
SmartSens Sales Doubled this Year, Expected to Double Again Next Year, IPO Plans
Smartsens has held a Partnership Meeting 2020 (SPM 2020) updating about the company's business and future plans. Smartsens CEO Xu Chen says:
"2020 is an unusual year, but under the influence of the complex international situation and the global epidemic, the overall CIS industry still maintains a growth rate of 20% (data source: Yole)
Dr. Xu Chen pointed out that although next year’s forecasted growth rate has slowed down, Smartsens' overall sales situation still maintains a high-speed growth, and has doubled sales this year, with shipments reaching 220 million units. It is expected that the target set at the beginning of the year will be exceeded, and the sales target of Smartsens will double again next year.
In addition to the repeated increase in sales, Smartsens product line and application areas are also rapidly expanding. The number of Tapeout products has doubled from 13 in 2019 to 26 in 2020, and strives to empower more with excellent CIS imaging technology.
Smartsens' consumer-grade Global Shutter image sensor market, which was laid out in 2017, also achieved good results this year, ranking first in the world in terms of shipments in the consumer-grade machine vision field . And this year's acquisition of Allchip (Shenzhen Anxin Micro) also enabled Smartsens to quickly enter the automotive electronics application field . In addition, just before the SPM 2020 conference, Smartsens released a full range of 2MP-13MP Cellphone Sensor (CS) series of mobile phone application products , officially entering the mobile phone market.
Mr. Chen Xu, Deputy Director of TSMC, gave a speech introducing TSMC’s current latest process R&D and production capacity planning, and said that TSMC will spare no effort to cooperate with Smartsens' growth and development, and also strongly support Smartsens production capacity manufacturing. In the future, TSMC will also work with Smartsens to help China's semiconductor industry chain achieve global cutting-edge quality and maintain a state of sustainable development.
Samsung Semiconductor Executive (Vice President) Mr. Minghui Zhu said in his speech that the cooperation between Samsung and Smartsens is very harmonious and happy, and highly summarized and appreciated the development of Smartsens in recent years with three characteristics. The first is "speed". , I am deeply impressed by Smartsens’s high efficiency; the second is "high and big ", which greatly appreciates its technological innovation ability, and the third is "strategic vision . In the future, Samsung will continue to make efforts to support Smartsens' strategic development and look forward to more future results of joint development with Smartsens.
Next year, Smartsens will celebrate its 10th birthday. On this conference, Dr. Xu Chen announced the three major events of Smarsens' 10th anniversary to the guests. These include the spacious and bright brand-new Smartsens office building that is under design and renovation and will be settled in April next year ; and the new Kunshan test center with a capacity plan of 100kk/month and an area of 20 acres that will be completed next year; However, after completing the 1.5 billion pre-ipo round of financing this year, Smartsens will submit a listing application and start the listing plan!"
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