Jingjia Microelectronics (Jingjia; ) 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 electronics company. It is China's largest

graphics processing unit A graphics processing unit (GPU) is a specialized electronic circuit designed for digital image processing and to accelerate computer graphics, being present either as a discrete video card or embedded on motherboards, mobile phones, personal ...

(GPU) producer and the only one with independently developed technology and commercial production on a large scale. Frequently it has been compared to

Nvidia Nvidia Corporation ( ) is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. Founded in 1993 by Jensen Huang (president and CEO), Chris Malachowsky, and Curti ...

Background

In 2006, Zeng Wanhui left his job at a government entity in

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

to return to

Changsha Changsha is the capital of Hunan, China. It is the 15th most populous city in China with a population of 10,513,100, the Central China#Cities with urban area over one million in population, third-most populous city in Central China, and the ...

with his wife Yu Lili. Zeng joined his old

National University of Defense Technology The National University of Defense Technology (NUDT; ) is a national public research university headquartered in Kaifu, Changsha, Hunan, China. It is affiliated with the Central Military Commission. The university is part of Project 211, ...

classmates Hu Yahua and Rao Xianhong to set up Jingjia. In the early stages of development, it was agreed that Zeng would handle market development while Hu would handle software development and Rao would handle hardware development. Zeng would not receive a salary while the other two would receive a salary of 3,000 yuan per month. Not long after the company was founded it received a commission from a research institute to develop GPU related software. The team realized that GPUs had large potential so the company focused on investing in developing them. Jingjia used its early support from the

Chinese government The government of the People's Republic of China is based on a system of people's congress within the parameters of a Unitary state, unitary communist state, in which the ruling Chinese Communist Party (CCP) enacts its policies through people's ...

to develop several generations of GPUs for deployment in radars and satellites related to the military. It used its acquired knowledge to enter the civilian market for GPUs. On 31 March 2016, Jingjia 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 ...

. The

China Integrated Circuit Industry Investment Fund The China Integrated Circuit Industry Investment Fund (ICF; ), also known as the National Integrated Circuit Industry Investment Fund and the Big Fund (), is a China Government Guidance Fund. The fund aims to help China reach its national goal ...

would later acquired a stake of the company. In December 2021, the

US Department of Commerce The United States Department of Commerce (DOC) is an executive department of the U.S. federal government. It is responsible for gathering data for business and governmental decision making, establishing industrial standards, catalyzing econo ...

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 ...

added Jingjia to the

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 ...

. Jingjia said that it would have no material impact on its operations. Three months prior to the blacklist addition, Jingjia was flagged as a company connected with the Chinese military-industrial complex by the

US Treasury Department The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States. It is one of 15 current U.S. government departments. The department oversees the Bureau of Engraving and ...

. In June 2023, Jingjia stated would raise 4.2 billion yuan in a

private placement Private placement (or non-public offering) is a funding round of securities which are sold not through a public offering, but rather through a private offering, mostly to a small number of chosen investors. Generally, these investors include frien ...

for GPU

research and development Research and development (R&D or R+D), known in some countries as OKB, experiment and design, is the set of innovative activities undertaken by corporations or governments in developing new services or products. R&D constitutes the first stage ...

. In July 2023, it was announced that Jingjia and the

Wuxi Wuxi ( zh, s=无锡, p=Wúxī, ) is a city in southern Jiangsu, China. As of the 2024 census, it had a population of 7,495,000. The city lies in the southern Yangtze delta and borders Lake Tai. Notable landmarks include Lihu Park, the Mt. Lings ...

High-Tech District would launch a GPU project that would generate 5 billion yuan worth of output per year. In March 2024, Jingjia announced that it successfully developed a high-performance intelligent computing module and device that can be applied to

artificial intelligence Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...

computing. As a result, shares surged up 12.8% on that day.

Product history

In 2014, Jingjia

taped out In electronics and photonics design, tape-out or tapeout is the final stage of the design process for integrated circuits or printed circuit boards before they are sent for manufacturing. The tapeout is specifically the point at which the graphic ...

its first GPU, the JM5400-Series. This broke the monopoly of foreign GPUs in key sectors of China. In 2019, Jingjia launched the M7200-Series in the civilian market which replaced low-end GPUs. In 2021, Jingjia taped out the JM9-Series which were said to deliver a performance similar to that of the Nvidia

GTX 1080 The GeForce 10 series is a series of graphics processing units developed by Nvidia, initially based on the Pascal microarchitecture announced in March 2014. This design series succeeded the GeForce 900 series, and is succeeded by the GeForce 16 ...

. Although it offered the performance of Nvidia's 2016 GPUs it was expected that Jingjia would sell a lot of them to traditional customers that supply PCs to various government controlled organizations.

References

External links

* {{Electronics industry in China 2006 establishments in China 2016 initial public offerings Companies based in Changsha Companies listed on the Shenzhen Stock Exchange Electronics companies established in 2006 Graphics hardware companies Semiconductor companies of China

Background

Product history

See also

References

External links