Huatian Technology (HT-Tech; ) is a

publicly listed A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (li ...

Chinese

semiconductor A semiconductor is a material with electrical conductivity between that of a conductor and an insulator. Its conductivity can be modified by adding impurities (" doping") to its crystal structure. When two regions with different doping level ...

company headquartered in

Tianshui Tianshui is a prefecture-level city in Gansu province, China, and is the province's second-largest city (behind the provincial capital Lanzhou). Located in the southeast of the province, the city strides along the upper reaches of the Wei River a ...

Gansu Gansu is a provinces of China, province in Northwestern China. Its capital and largest city is Lanzhou, in the southeastern part of the province. The seventh-largest administrative district by area at , Gansu lies between the Tibetan Plateau, Ti ...

. It is one of the largest Outsourced Semiconductor Assembly and Test (OSAT) companies in mainland China. It has a focus on developing advanced packaging technologies such as SiP, TSV,

Fan-Out In digital electronics, the fan-out is the number of gate inputs driven by the output of another single logic gate. In most designs, logic gates are connected to form more complex circuits. While no logic gate input can be fed by more than one ...

and WLP.

Background

The origins of HT-Tech can be traced to Yonghong Appliance Factory (Factory 749) a state-owned enterprise established in 1969 in

Qin'an County Qin'an County () is a county in the east of Gansu province, China. It is under the administration of the prefecture-level city of Tianshui. Its postal code is 741600, and in 1999 its population was 567,553 people. As of 2018, the population is 618 ...

to produce

integrated circuit An integrated circuit (IC), also known as a microchip or simply chip, is a set of electronic circuits, consisting of various electronic components (such as transistors, resistors, and capacitors) and their interconnections. These components a ...

s. After the

Chinese economic reform Reform and opening-up ( zh, s=改革开放, p=Gǎigé kāifàng), also known as the Chinese economic reform or Chinese economic miracle, refers to a variety of economic reforms termed socialism with Chinese characteristics and socialist marke ...

, it relocated to Tianshui City in 1994. At this point the factory was in

financial distress Financial distress is a term in corporate finance used to indicate a condition when promises to creditors of a company are broken or honored with difficulty. If financial distress cannot be relieved, it can lead to bankruptcy. Financial dist ...

due to lack of competitiveness and had not paid its employees in months. Long-term factory employee Xiao Shengli was appointed as the factory's director and worked towards reforming it. The factory underwent a significant restructuring with many employees being laid off including Xiao's own family members. In 1998, the factory made a profit after many years of losses. In December 2003, the factory was transformed into a company named HT-Tech. On 20 November 2007, HT-Tech held its

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

becoming a listed company on the

Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ...

. In 2019 HT-Tech acquired Flipchip, an American OSAT company based in

Phoenix, Arizona Phoenix ( ) is the List of capitals in the United States, capital and List of cities and towns in Arizona#List of cities and towns, most populous city of the U.S. state of Arizona. With over 1.6 million residents at the 2020 census, it is the ...

. In 2019 HT-Tech acquired Unisem, a Malaysian OSAT company to expand in the

ASEAN The Association of Southeast Asian Nations, commonly abbreviated as ASEAN, is a regional grouping of 10 states in Southeast Asia "that aims to promote economic and security cooperation among its ten members." Together, its member states r ...

region. In July 2020, HT-Tech launch an advanced packaging project in Nanjing that would build facilities. The second phase of the projected started in September 2024. HT-Tech has contributed to many government projects which included the

Long March 2F The Long March 2F ( ''Changzheng 2F''), also known as the CZ-2F, LM-2F and Shenjian (, "Divine Arrow"), is a Chinese orbital carrier rocket, part of the Long March 2 rocket family. Designed to launch crewed Shenzhou spacecraft, the Long March ...

, Fengyun 1,

Chang'e 3 Chang'e 3 (; ) is a robotic lunar exploration mission operated by the China National Space Administration (CNSA), incorporating a robotic lander and China's first lunar rover. It was launched in December 2013 as part of the second phase of ...

Tiangong-1 Tiangong-1 () was China's first prototype space station. It orbited Earth from September 2011 to April 2018, serving as both a crewed laboratory and an experimental testbed to demonstrate orbital rendezvous and docking capabilities during it ...

and the Shenzhou series.

References

External links

* {{Electronics industry in China 2003 establishments in China 2007 initial public offerings Assembly and Test semiconductor companies Companies based in Gansu Companies listed on the Shenzhen Stock Exchange Electronics companies established in 2003 Semiconductor companies of China

Background

See also

References

External links