On July 3, the "Three Lives, Myriad Things | LYG Holds the 3rd Anniversary Celebration" was held at LYG Hengqin Headquarters in Zhuhai. The event aimed to celebrate the company's 3rd anniversary, showcase the fruitful achievements of LYG's development and landing in Hengqin, express gratitude for the strong support from the Shenzhen-Hong Kong Interconnection Government District, shareholder Huajin Capital, partners, and customers, and demonstrate the spirit and style of LYG's employees striving forward.
Qu Zhichao, Assistant President of Huajin Capital and Chairman of Zhuhai Science and Technology Venture Capital, Bob, General Manager of Foxconn Science and Technology Group Semiconductor Business Group, Chairman of LYG, Chen Zhongxing, Special Assistant to the Chairman, Albert Li, CEO of LYG, TY, CEO of Pollux Technology, Anton, CEO of SuperbVue Solutions Inc., attended the celebration.
Xu Xi, Minister of Investment Promotion of Hengqin Economic Development Bureau, Wei Mengyu, Professor of Electrical Engineering, Faculty of Science and Technology, University of Macau, and Si Yujuan, Professor and Dean of School of Electronic Information Engineering, Zhuhai Institute of Science and Technology attended the celebration. Liao Zhijun, General Manager of Xinchaoliu (Zhuhai) Technology Co., Ltd., Cai Zongyu, Senior Vice President of Marketing Department of Nanjing Lanyang Intelligent Technology Co., Ltd., Song Dechao, Vice President of Zhuhai Zero Border Integrated Circuit Co., Ltd., Xu Boxiang, Executive Director of Yifutong Technology, Sun Jiaxin, General Manager of Julin Technology and other industry partners attended the event. Representatives from various banks, securities firms and funds, law firms also attended the event.
In 2018, with the guidance of the government and the support of Huajin Capital, Foxconn Technology Group successfully completed the operation of Lingyange, SuperbVue and Pollux three projects in June 2020.
At the celebration event, Qu Zhichao, Assistant President of Huajin Capital and Chairman of Zhuhai Science and Technology Venture Capital, delivered a speech on behalf of the founding shareholders. Qu Zhichao stated that as a chip design service company, LYG has achieved remarkable revenue growth with outstanding technical level and service capabilities. It has also made outstanding achievements in high-end process services, module product development and other fields, providing strong support for chip design enterprises to quickly complete product verification and break through the bottleneck of product mass production, and actively promoting the rapid and high-quality development of the national chip field.
Chip semiconductors are currently the "main battlefield" of international scientific and technological competition. It is believed that LYG can actively respond to challenges and seize opportunities with its team, technology, and resource advantages, take root in Hengqin, a unique and advantageous land, and develop into a world-class chip design service enterprise. As a founding shareholder, Huajin Capital will continue to work hand in hand with Foxconn, relying on its comprehensive strength and investment layout advantages in the chip semiconductor industry, to provide all-round empowerment and support for the development of LYG and Foxconn's Zhuhai projects.
Bob, General Manager of Foxconn Technology Group's Semiconductor Business Group and Chairman of LYG, delivered a speech at the celebration, expressing gratitude to the government, shareholders, customers, etc. Bob pointed out that Hengqin is adjacent to Macau and has an excellent international geographical environment and high-standard infrastructure. The government's determination and strong support for cultivating and developing high-tech industries have provided more policy support for the development of the integrated circuit industry after Hengqin became a deep cooperation zone between Guangdong and Macau. This has become a major driving force for LYG's development. Huajin Capital, as a founding shareholder, has helped LYG take root and develop rapidly integrate into the Greater Bay Area's integrated circuit ecological chain, and continues to help LYG make better preparations in terms of capital development. It is precisely because of the government's care, shareholders' support, and customers' support that LYG has achieved certain results in terms of company size, technology research and development, company revenue, and industry-university-research cooperation in just three years, laying a good foundation.
Bob, Chairman of LYG, pointed out that the potential demand for domestic chip design service in China is expected to exceed 10 billion yuan by 2025, and the global market is even larger than 30 billion yuan. As a platform for the industrial chain, LYG is one of the few comprehensive technology service companies in the current industry ecology. The company's chip design service business has high technical strength recognized by the industry and conforms to the development opportunity of the industry. It will be combined with Foxconn's industrial chain to achieve rapid business growth. In the future, it is hoped to cooperate with more industry enterprises and investment institutions to work together and create the future.
LYG Executive Director Albert Li expressed his emotion: Over the past three years, with the continuous improvement of the company's organizational structure, the company has grown in scale. LYG has established a headquarters research and development center in Hengqin, set up a chip design service team in Shanghai, Shenzhen, Macau, Taiwan and other places, and now has more than 100 people. LYG has also held research camps for three consecutive years, training more than 100 talents in the chip industry.
In terms of research and development, LYG completed the development of its first high-performance computing chip in 2020. It has since successively completed the design collaboration optimization (DTCO) EDA tool and IP development for advanced processes. In 2022, it assisted customers in completing the development of AI SoC chips and successfully lit them up. Adhering to the spirit of continuous research and innovation, LYG has developed an in-house reference design platform for automotive MCUs. The first test chip for TSMC's 40nm automotive MCU was successfully lit up last September, and a set of independently developed and scarce high-reliability IP design solutions have been developed based on this. In the future, they can not only be used in automotive chips, but also extended to aerospace and biomedical applications.
Last December,LYG Chip Technology and Zhuhai University of Science and Technology Research Institute jointly established a laboratory to build a smart city and biomedical application platform, and jointly carried out industry-university-research application projects with customers to provide innovative support for their chip application expansion. LYG focuses on the system integration of "intelligent vision and optical sensors", integrating optical, mechanical and electrical components with its own algorithmic system solutions, which can be widely used in robot obstacle avoidance, smart shopping carts, AR/VR and meta-universe, etc. And combined with the chips developed together with customers, it is promoted to various application scenarios of Foxconn's intelligent factories, opening up sales channels for customers'chips and system products.
Albert Li, CEO of LYG, stated that over the past three years, LYG has adhered to technological innovation as a priority, strengthened risk prevention and control, continuously improved system construction, provided excellent technology and services, and earned the trust of customers. The company's performance has grown rapidly. Going forward, LYG will strengthen its talent team building, increase investment in research and development, remain true to its original mission, continue to explore and develop new markets, achieve continued success, and look forward to achieving the vision of co-creating a great era of chip development with customers.
At the anniversary celebration, all members of LYG and Pollux, as well as cooperative customers Blue Ocean , Yuguang Vision, university teachers and research student representatives, presented their blessings through videos, wishing LYG and Pollux to reach new heights and achieve further success.
On the same day, at the event site, LYG and Pollux’s chip and system module products were also displayed. Leaders and guests exchanged with R&D personnel on-site to understand the application fields of products and discuss technical difficulties.
The celebration of LYG's third anniversary has strengthened the close ties between LYG and all parties, demonstrated LYG's mission of innovation-driven, cohesion and serving the chip industry, and looks forward to building a large platform for shared chip design with customers and creating a great era of chip development together.