According to information from the China Securities Regulatory Commission website, Unisoc (Shanghai) Communications Technologies Co., Ltd. completed its filing for IPO sponsorship on June 27th with the Shanghai Securities Regulatory Bureau, and intends to list its shares on the STAR Market.
If all goes smoothly, Unisoc is poised to become the first domestic intelligent smartphone chip company to be publicly listed!
By the end of 2024, Unisoc had successfully closed two rounds of equity financing, raising 4 billion yuan and nearly 2 billion yuan respectively, with its valuation potentially reaching around 70 billion yuan.
Founded on August 26, 2013, Unisoc is a leading integrated circuit design enterprise in China. It possesses comprehensive mastery of communication technologies across all scenarios, including 2G/3G/4G/5G/6G, Wi-Fi, Bluetooth, RedCap, TV FM, and satellite communication. Its applications span widely across intelligent smartphones, the Internet of Things (IoT), automotive electronics, and smart displays.
Notably, Unisoc stands as the sole mainland Chinese enterprise, besides Huawei, that has fully developed its own 2G/3G/4G/5G baseband technology, placing it on par with global leaders like Qualcomm, Apple, Samsung, and MediaTek. This technological independence is a significant differentiator in the competitive global mobile chipset market.
Unisoc’s field testing coverage extends to over 140 countries and regions globally, with certifications from more than 270 operators worldwide. This extensive reach underscores its commitment to global market penetration and interoperability.
As of March 2025, Unisoc has conducted 5G field tests in 116 countries and regions. It has released numerous 5G smartphone models and shipped them to 85 countries, including Europe, Latin America, Southeast Asia, and South Asia, having secured certifications from 56 operators. This demonstrates a strong market adoption and validation of its 5G technology.
Beyond its baseband technology and products, Unisoc offers a comprehensive portfolio of high-performance System-on-Chip (SoC) processors, RF chips, RF front-end modules, power management ICs, audio processing chips, wireless connectivity modules, and multimedia chipsets, among others. This broad product range allows it to cater to a diverse set of customer needs.
Unisoc has been recognized with multiple National Science and Technology Progress Awards, including one Special Award and two First Prizes. The company has accumulated over 11,000 patent applications, holding key patents in 3G/4G/5G, dual-card dual-standby, and multi-mode technologies. Its strong IP portfolio is indicative of its sustained investment in R&D and innovation.
Currently, Unisoc boasts over 500 brand clients, including major players such as Honor, Xiaomi, Realme, Vivo, Samsung, Motorola, Hisense, ZTE, JD.com, UnionPay, and Gree. This diverse client base spans across various sectors, highlighting the broad applicability and acceptance of Unisoc’s chip solutions.
Data indicates that Unisoc shipped over 1.6 billion chips in 2024, with its 5G chip sales experiencing a remarkable year-on-year increase of 82%. This substantial growth in 5G chip shipments signifies its increasing competitiveness and market share in this critical segment.
According to a report by Counterpoint Research, in the first quarter of 2025, MediaTek led the global smartphone SoC processor market with a 36% share, followed by Qualcomm at 28% and Apple at 17%. Unisoc secured the fourth position with a 10% market share. While still behind the top three, this position represents a significant achievement and a strong foundation for future growth.
Unisoc reported revenues of 14.5 billion yuan in 2024, an increase of approximately 11% year-on-year. This revenue figure brings it very close to the revenue of MPS, the tenth-largest IC design company globally, which had revenues of $2.207 billion.
Unisoc plans to achieve breakeven in 2025 and aims to become a world-class chip design enterprise by 2030, with the goal of achieving leading global revenue scale, robust profitability, prominent core competitiveness, and strong industry ecosystem leadership. This ambitious roadmap highlights Unisoc’s strategic vision for long-term sustainable growth and global market impact.
Currently, Unisoc has a total workforce of over 5,000 employees, with R&D personnel accounting for more than 85%. This high concentration of R&D talent is a key factor in its ability to drive innovation and maintain its technological edge.