Shuixin Electronic Technology

Shuixin Electronic Technology, also known as Merchip, was established in 2020 by founder Wu Yuchun. Wu, a graduate of Tsinghua University and a former digital power chip engineer at Analog Devices, Inc. (ADI), is recognized as an inventor of reconfigurable digital power chips and a pioneer in China's power SOC sector. His entrepreneurial journey began in 2011 when he founded Suzhou EASE Power Technology Co., Ltd. to focus on domestic digital power chips. This initial venture provided him with significant technical and management experience, leading him to establish Shuixin Electronic Technology to further address the domestic market's reliance on foreign-produced high-end power chips.

The company focuses on the research and development of reconfigurable digital power management chips, aiming to drive the digitization of traditional analog power chips. This approach allows for the creation of chips whose functions and performance can be adjusted via software, offering greater flexibility and efficiency without hardware changes. Shuixin's business model involves both selling its chip products and licensing its technology platform to other chip design companies and solution providers, a strategy that facilitates rapid iteration and market penetration across various sectors. This model is designed to reduce development costs and time-to-market by enabling the creation of diverse power chips without repeated, costly foundational research.

Shuixin serves a broad market, including communications, servers, industrial, automotive, new energy, power, IoT, and high-end consumer electronics. Its product portfolio includes self-developed DSP high-power supply/motor chips, VRM chips, and various fast-charging chips for applications like power banks and multi-port chargers. For instance, their charger and power bank SOCs support multiple fast-charging protocols like PD3.1, and their high-power digital chips offer solutions for kilowatt-level applications, providing alternatives to products from companies like Texas Instruments. The company has secured multiple rounds of funding, including a Pre-A round in 2022 from investors like Baseus Technology and a multi-million yuan equity financing round in late 2024 from Yiqiaohe Investment and SuGaoxin Kechuang Angel Fund.

Keywords: reconfigurable digital power chips, power management IC, SOC, semiconductor, fast charging solutions, digital signal processor, power electronics, power supply chips, automotive electronics, industrial power, server power solutions, new energy, consumer electronics, DC/DC converters, AC/DC converters, battery management, power chip design, IoT power solutions, Wu Yuchun, Merchip