Hygon Information Technology (also known as Hygon and HiGon; ) 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

fabless semiconductor company Fabless manufacturing is the design and sale of hardware devices and semiconductor chips while outsourcing their fabrication (or ''fab'') to a specialized manufacturer called a semiconductor foundry. These foundries are typically, but not exclu ...

headquartered in Beijing. The company mainly produces

Intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and Delaware General Corporation Law, incorporated in Delaware. Intel designs, manufactures, and sells computer compo ...

x86 x86 (also known as 80x86 or the 8086 family) is a family of complex instruction set computer (CISC) instruction set architectures initially developed by Intel, based on the 8086 microprocessor and its 8-bit-external-bus variant, the 8088. Th ...

compatible

central processing unit A central processing unit (CPU), also called a central processor, main processor, or just processor, is the primary Processor (computing), processor in a given computer. Its electronic circuitry executes Instruction (computing), instructions ...

s (CPUs) as well as domestic Deep Learning Processors. Its R&D expenses are nearly 70% of sales.

History

The company was originally established in October 2014 under the name Tianjin Haiguang Advanced Technology Investment (THATIC) and was registered in

Tianjin Tianjin is a direct-administered municipality in North China, northern China on the shore of the Bohai Sea. It is one of the National Central City, nine national central cities, with a total population of 13,866,009 inhabitants at the time of the ...

. Later on it changed its name to Hygon. In 2016, based on the AMD–Chinese joint venture agreement, the company and

AMD Advanced Micro Devices, Inc. (AMD) is an American multinational corporation and technology company headquartered in Santa Clara, California and maintains significant operations in Austin, Texas. AMD is a hardware and fabless company that de ...

formed two

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

s (JVs), Chengdu Haiguang Microelectronics (HM) and Chengdu Haiguang Integrated Circuit Design (HICD). HMC was 51% owned by AMD and 49% by Hygon while HICD was 30% owned by AMD 70% by Hygon. HM works with AMD for design and

GlobalFoundries GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company located in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the manufacturing arm of AMD in March 2009, the ...

for manufacturing while HICD works with HM to add co-design elements and packaging, then selling the silicon to China. The end goal was to provide China a local version of AMD's Zen 1 CPUs that would be used only in its domestic market. Under the licensing agreement, AMD would receive $293 million as part of the licensing agreement. The first microprocessor created from the JV partnership was the

Hygon Dhyana Epyc (stylized as EPYC) is a brand of multi-core x86-64 microprocessors designed and sold by AMD, based on the company's Zen microarchitecture. Introduced in June 2017, they are specifically targeted for the server and embedded system markets. ...

system on a chip A system on a chip (SoC) is an integrated circuit that combines most or all key components of a computer or Electronics, electronic system onto a single microchip. Typically, an SoC includes a central processing unit (CPU) with computer memory, ...

which went into the Chinese market in 2018. On 24 June 2019, Hygon as well as its related entities including the joint ventures were added to the

Bureau of Industry and Security The Bureau of Industry and Security (BIS) is an agency of the United States Department of Commerce that deals with issues involving national security and high technology. A principal goal for the bureau is helping stop the proliferation of weap ...

Entity List The Entity List is a trade restriction list published by the United States Department of Commerce's Bureau of Industry and Security (BIS), consisting of certain foreign persons, entities, or governments. It is published as Supplement 4 of Part ...

. As a result, AMD could no longer license any additional

intellectual property Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, co ...

(IP) to the JVs although Hygon still had access to the original IP it licensed and could continue to manage it by itself. However the restriction also meant HM could no longer order silicon from

which would hamper the process. On 12 August 2022, Hygon 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 ...

(IPO) on the Shanghai Stock Exchange STAR Market. On its debut, the price started at 36 yuan and closed 67% higher at 60.10 yuan. Raising 10.6 billion yuan (US$1.6 billion), it was one of the largest IPOs in China for that year. In February 2024,

Bloomberg News Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg T ...

reported that Hygon was one of the top investment picks among

Wall Street Wall Street is a street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway (Manhattan), Broadway in the west and South Street (Manhattan), South Str ...

firms such as

Barclays Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services ...

and Sanford C. Bernstein. Since the trade restrictions came into effect, Hygon had managed to develop its own products. In May 2025, it was annouced that Hygon would merge with Sugon.

References

External links

* {{FTSE China A50 Index AMD 2014 establishments in China 2022 initial public offerings Manufacturing companies based in Beijing Companies listed on the Shanghai Stock Exchange Electronics companies established in 2014 Fabless semiconductor companies Microprocessors made in China Semiconductor companies of China

History

See also

References

External links