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Wednesday, February 12, 2014

WLCSP Listed at Shanghai Stock Market at $780M Valuation

PR Newswire: China-based Wafer Level Chip Scale Package (WLCSP) has been listed on the Shanghai Stock Exchange and has raised US$118M with an IPO price of US$780M - not a bad valuation for a company that begun as an image sensor packaging house. The company started in 2005, when essentially all Shellcase manufacturing business was moved to China. Shellcase R&D team was sold to Tessera for $33M in 2006, while WLCSP manufacturing in China grew into a large business, although still remaining in 8-inch wafer realm:

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3 comments:

  1. AnonymousFebruary 13, 2014 at 2:04 AM

    Not sure about the comment "all Shellcase manufacturing was moved to China". Xintec is still around and (as far as I know) and they have an original Shellcase license through OVT/VisEra if memory serves correctly.

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    Replies
    1. Vladimir KoifmanFebruary 13, 2014 at 7:27 AM

      I meant that Shellcase investors decided to close the manufacturing in Israel and shift it to China. This is how WLCSP was founded.

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    2. AnonymousFebruary 13, 2014 at 5:01 PM

      That is "effectively" right. In actuality they shut down the Israel facility and sold a license to WLCSP at the last minute before Tessera bought them. There was nothing "moved" from Israel to WLCSP - most of the Israel equipment ended up in North Carolina at DOC, although a few machines may have been sold to WLCSP.

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