Benefiting from the first-mover advantage of scientific research and the convenience of the industrial chain, international semiconductor companies have occupied a dominant position in the global sensor market for a long time. However, in the field of inertial sensors, the emergence of Chinese companies such as Innosilicon has gradually narrowed the distance between Chinese sensors and the world's high-level technology, and China's high-performance MEMS inertial sensors are on the fast track.
According to the latest annual report, Innosilicon will achieve revenue of 31.7 billion yuan, a year-on-year increase of 3977%, achieving net profit attributable to shareholders of listed companies 16.5 billion yuan, a year-on-year increase of 4184%, both record highs.
As one of the earliest chip design companies engaged in the research and development of high-performance MEMS inertial sensors in China, Innosilicon has accumulated more than ten years of experience in technology development, and through continuous research and development and continuous innovation, it has become one of the few domestic enterprises to achieve stable mass production of high-performance silicon-based MEMS inertial sensors, and its influence in the domestic inertial sensor market has been continuously improved.
As of the end of 2023, Innosilicon has 78 R&D personnel, an increase of 56% from the number of R&D personnel at the end of 2022, accounting for 50% of the company's total headcount, and 40 R&D personnel with master's or doctoral degrees, accounting for 51% of R&D personnel28%。From 2015 to 2019, the company has completed the R&D and mass production of three generations of high-performance MEMS gyroscopes, and in 2021, it was selected as the third batch of "specialized, special and new little giant" enterprises by the Ministry of Industry and Information Technology.
Innosilicon's high-performance MEMS inertial sensors are mainly used in high-end industrial, unmanned systems and high-reliability fields.
In the high-end industrial field, Innosilicon's highly reliable and high-precision MEMS sensors play an indispensable role in industrial IoT production data tracking and machinery monitoring. Innosilicon continuously improves product quality and environmental adaptability to harsh working conditions to meet the requirements of long-term stable work in industrial applications. For example, the company has developed a high-performance, small-volume, low-cost MEMS accelerometer, which can be used for vibration monitoring of industrial equipment through a patented design of decentralized multi-unit structure, which has the characteristics of high sensitivity, low drift, low temperature coefficient, and good repeatability.
In addition, as one of the few chip players in China that can penetrate into the field of "unmanned system" sensors, Innosilicon, with nearly ten years of technical accumulation, has solved the problem that the performance of domestic MEMS inertial sensors on sale cannot meet the high-performance technical needs of unmanned systems and other application fields, and also solves the contradiction between small size, low power consumption, high integration and intelligent needs. Its products are gradually being used in many unmanned system scenarios, and have established good cooperative relations with many well-known intelligent car manufacturers.
In the field of high reliability, Innosilicon not only ensures the high performance of MEMS inertial sensors, but also improves the measurability and environmental adaptability of products. Compared with lasers and fiber optic gyroscopes, the company's high-performance MEMS inertial sensors have the characteristics of lower cost, smaller size, higher reliability, etc., and have obvious advantages in mass production. At present, the high-performance MEMS gyroscopes produced by the company can replace two-optical gyroscopes in some tactical-level application scenarios, and gradually penetrate into navigation-level application scenarios, which has been widely recognized by downstream customers.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.