Huawei Hubble Invests in Semiconductor Firm Qinglian Technology
Huawei’s investment arm, Hubble Technology Investment, has once again expanded its semiconductor portfolio, acquiring a stake in Beijing Qinglian Technology Co., Ltd. (Qinglian Technology).
Huawei’s investment arm, Hubble Technology Investment, has once again expanded its semiconductor portfolio, acquiring a stake in Beijing Qinglian Technology Co., Ltd. (Qinglian Technology).
Qinglian Technology: High-Performance Chip Packaging Specialist
Founded in November 2021, Qinglian Technology focuses on providing high-performance and reliable chip packaging solutions, covering four key business areas:
- Packaging Materials
- Packaging and Testing Equipment
- Packaging Process Development
- Device Reliability Evaluation
The company's core technology, Silver/Copper Sintering, plays a crucial role in packaging high-performance power devices, particularly silicon carbide (SiC) chips. Given the growing adoption of SiC-based power semiconductors driven by the rapid development of electric vehicles and third-generation semiconductors, Qinglian is positioned to expand further into power, RF, and optoelectronics markets.
Latest Financing and Stakeholders
In its recent funding round, Qinglian Technology raised tens of millions of RMB from several key investors, including:
- Hubble Technology Investment (Huawei’s investment arm)
- Fengyuan Capital
- Yuanhe Holdings
As part of this investment:
- Qinglian’s registered capital increased from 3.47 million RMB to approximately 4.06 million RMB.
- Hubble Investment now holds 1.0542% of the company’s shares, becoming the eighth-largest shareholder.
Hubble Investment: A Strategic Player in Semiconductors
Established in 2019, Hubble Investment is a key platform under Huawei, targeting semiconductor and software industries. Its investments span across sectors such as:
- EDA tools, semiconductor equipment, and materials
- RF chips, memory chips, and analog chips
- Optical communication chips
Hubble has achieved notable successes, with over 10 companies in its portfolio successfully listed, including:
- Silan Microelectronics
- Canqin Technology
- ESWIN
- Dongxin Semiconductor
In September 2023, Hubble increased its registered capital from 7 billion RMB to 7.98 billion RMB, signaling sustained investment in critical technology sectors.
Hubble’s Recent Focus: Precision and Selective Investments
Unlike its earlier aggressive investment spree, Huawei Hubble has taken a more selective approach this year. Notable recent investments include:
- Qinglian Technology: Advancing high-reliability packaging for SiC power devices to meet the demands of third-generation semiconductors.
- Guoce Quantum: Specializing in quantum precision measurement and chip-scale atomic clocks, crucial for autonomous navigation, micro-satellites, and unmanned systems.
Guoce Quantum, a spin-off from Peking University, is focused on overcoming “bottleneck issues” in quantum technology, addressing challenges like foreign technology restrictions and enabling domestic autonomy in high-end instruments.
Conclusion
Hubble Investment’s stake in Qinglian Technology underscores its strategy of focusing on next-generation semiconductors and key enabling technologies such as SiC power devices and advanced packaging. This aligns with the broader trend of developing domestic alternatives for critical technologies and reducing reliance on foreign supply chains.
The investment not only boosts Qinglian Technology’s capacity to scale its high-reliability packaging solutions but also reinforces Huawei’s long-term vision to lead innovation in semiconductors and quantum technologies.
