Hanking Electronics
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Hanking Electronics (Liaoning), established in May 2011 as a subsidiary of the Hanking Industrial Group (a Chinese industrial group founded in 1992 with mining, metallurgy, retail and electronics businesses), is a MEMS chip company headquartered in Fushun, Liaoning. It developed China's first pure MEMS volume production line (the MEMS back-end process line launched in February 2019) and its first 8-inch (200mm) MEMS wafer fab, with global MEMS R&D centers in the US, Italy and Austria. Operating in IDM + customized-foundry mode, it designs and fabricates MEMS inertial sensors, pressure sensors and intelligent sensors for drones, mobile, IoT, robotics, medical, consumer electronics and automotive markets; in 2016 it acquired Maxim Integrated's MEMS inertial business.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Hanking Electronics (Liaoning) was established in May 2011 as a subsidiary of the Hanking Industrial Group.
- Maxim acquisition
Hanking Electronics acquired Maxim Integrated's MEMS inertial sensor business, including its engineering team, fab equipment and customer base.
- MEMS line launched
Hanking's MEMS chip back-end process production line was officially launched in February 2019, China's first pure MEMS volume production line.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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