What is King Long Technology?
King Long Technology (KLT), situated in the Suzhou Industrial Park, is a key player in semiconductor manufacturing services. Spanning 44,561 square meters, its facilities include extensive clean rooms and advanced testing equipment, exceeding 300 machines. KLT specializes in wafer probing, final testing, wafer grinding, dicing, and pick-and-place services, catering to a diverse product line encompassing memory, logic, mixed-signal products, system-on-chip, and various driver ICs. The company holds a leading position in China for driver IC and eFlash testing. As the production and sales base for the King Yuan Group in China, KLT leverages its proximity to serve the Mainland Chinese market, supported by its parent company, KYEC. KLT has achieved stable mass production, offering advantages in large-scale testing capacity, customized solutions, and robust maintenance capabilities, aligning with the rapid demands of the consumer electronics sector.
How much funding has King Long Technology raised?
King Long Technology has raised a total of $80.1M across 1 funding round:
Debt
$80.1M
Debt (2019): $80.1M, investors not publicly disclosed
What's next for King Long Technology?
With the recent major strategic investment and its established enterprise-level funding status, King Long Technology is poised for continued growth and operational enhancement. The company's focus will likely be on expanding its significant testing capacity, particularly in high-demand areas like driver ICs, and potentially investing in next-generation semiconductor technologies. Leveraging its strong ties with the King Yuan Group and KYEC, KLT is well-positioned to capitalize on the ongoing shift of the global semiconductor industry chain towards China, further solidifying its role as a critical manufacturing and testing hub in the region.
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