Witness the rejuvenation of ChinaCompany – Semiconductor/Digital Chip DesignOverview of Chinese semiconductor digital chip design companies, number 16: Sightway.The top 15 companies are listed at the bottom of the article.
Sightway (Shanghai) Electronic Technology Co., Ltd. (Stock Code: 688213) was established inApril 2017, headquartered in Shanghai, and is aleading domestic CMOS image sensor chip design company.
The company was listed on the Shanghai Stock Exchange’s Sci-Tech Innovation Board inMay 2022, and is anational high-tech enterprise and aspecialized and innovative small and medium-sized enterprise.
Its products serve as the “smart eyes” of various electronic devices, converting optical signals into digital images, widely used in security monitoring, smartphones, automotive electronics, and other fields.
Sightway’s development can be described as a “legend of speed” in Chinese chip entrepreneurship.
From the beginning, the company focused on CMOS image sensor chip design;
In 2018, its security CIS product shipments ranked among the top globally; in 2022, it raised 2.82 billion yuan through its IPO; and in 2024, revenue exceeded5.968 billion yuan, a year-on-year increase of 108.87%.
In the first quarter of 2025, the company reported revenue of1.75 billion yuan and a net profit of191 million yuan, a year-on-year increase of 1264.97%, demonstrating strong growth momentum.
The founder, Xu Chen (Chairman and CEO), is the soul of the company. He graduated from Tsinghua University with a degree in Electronic Engineering and obtained his master’s and doctoral degrees from the Hong Kong University of Science and Technology, having worked as a research and development engineer in several well-known semiconductor companies in the United States.
Co-founders include Mo Yaowu (Chief Technology Officer) and Ma Weijian (Chief Operating Officer), among other professionals. The core team has extensive industry experience, leading the company from a startup to an industry leader.
Economic Scale
Sightway’s revenue reached 5.968 billion yuan in 2024, a year-on-year increase of 108.87%; net profit was 393 million yuan, a year-on-year increase of 2662.76%.
In the first quarter of 2025, the company reported revenue of 1.75 billion yuan and a net profit of 191 million yuan, maintaining a high-speed growth trend. The company’s total assets continue to grow, reaching 10.165 billion yuan by June 2025, with net assets of 4.616 billion yuan.
Product Advantages
High sensitivity, allowing products to capture clear images in low-light environments, as if equipping devices with “night vision eyes,” significantly enhancing nighttime imaging capabilities.
Global shutter technology enables simultaneous exposure of all pixels, akin to a “snapshot camera,” perfectly capturing high-speed moving objects without distortion.
High dynamic range allows products to clearly present details in both bright and dark areas, acting as a visual “smart regulator” to avoid overexposure or underexposure.
Full scene coverage, with products spanning security, mobile phones, and automotive fields, providing a “comprehensive visual solution” for smart devices. The company’s products have formed a complete system to meet the needs of different application scenarios.
Industry Position and Competitors
Sightway is a significant player in the global CMOS image sensor field, ranking first in security CIS shipments from 2020 to 2023, fourth in automotive CIS shipments in 2023, and fifth in mobile phone CIS shipments in 2024.
The company’s clients include major smartphone manufacturers, security companies, and automotive manufacturers.
Domestic competitors include various chip design companies.
Internationally, it faces competition from giants like Sony and Samsung, but Sightway maintains market competitiveness in niche areas due to its technological accumulation and cost-performance advantages.
National Strategic Value
Sightway has broken the foreign technological monopoly in the high-end image sensor chip field, achieving domestic substitution;
Its products are widely used in strategic emerging industries such as security, smartphones, and automotive electronics, ensuring the safety of the industrial chain and supply chain;
The company is a national high-tech enterprise with 464 authorized patents, supporting the development of China’s chip industry.
In 2025, the company will continue to increase R&D investment and optimize its product matrix, laying a solid foundation for future development.
Chinese Semiconductor Digital Chip Design Companies:
Cambricon, the first AI chip on the Sci-Tech Innovation Board
Rockchip, one of the few semiconductor companies in China to achieve “full scene coverage of edge AI chips”.
Chipone, the “Lego factory” of Chinese chips
GigaDevice, the “department store” of Chinese chips
Hygon, one of the domestic CPU giants
Dongxin Semiconductor, the only domestic storage design company covering NAND/NOR/DRAM/MCP full chain, with a leading 48nm NOR process
Loongson Technology, the “first stock of domestic CPUs”
OmniVision, one of the top three global visual chip companies (formerly known as Weir Shares)
Unisoc, whose products have been embedded in Beidou satellites and J-20 fighter jets
Lanqi Technology, a global leader in memory interface chips
Dawei Co., Ltd., with high-reliability storage chips, automotive retarders, and new energy materials
Shenzhen Demingli, a leading company in the domestic storage control chip field
Shenzhen Jiangbolong, breakthroughs in high-end semiconductor storage
Shenzhen Zhongke Lanfeng, the “king of cost-performance” in wireless audio chips
Shenzhen Zhongwei Semiconductor, a leader in automotive-grade MCU chips
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