Ingenic

In 2005, a company called Ingenic Semiconductor was founded in Beijing by Liu Qiang. The company started with a focus on creating System-on-a-Chip, or SoC, solutions for the consumer electronics market, based on its own innovative CPU design technology. Just six years after its founding, Ingenic took a major step and went public on the Shenzhen Stock Exchange's Growth Enterprise Market in May 2011. This move provided the capital to further invest in its core technologies. Following the IPO, the company expanded its reach into new markets, developing chips for intelligent video surveillance, AIoT, and biometric identification. A significant chapter in the company's story unfolded in 2020 with the acquisition of the US-based Integrated Silicon Solution, Inc., also known as ISSI. This acquisition was a strategic play to combine Ingenic's computing technology with ISSI's decades of experience in memory products. The deal integrated ISSI's portfolio of high-reliability memory chips for the automotive, industrial, and medical sectors, positioning Ingenic for further growth in these demanding markets.