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PNC Process Systems

Chinese semiconductor equipment manufacturer From Wikipedia, the free encyclopedia

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PNC Process Systems (PNC; Chinese: 至纯科技; pinyin: Zhìchún Kējì) is a publicly listed Chinese company that engages in the development and sale of semiconductor equipment mostly notably in wet cleaning.

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Background

PNC was founded in 2000 by Jiang Yuan. She was previously the marketing director at Kinetics Process Systems before leaving with her team to establish PNC.[2]

Although the company initially experienced difficulty, according to Jiang by 2010, the company no longer required any loans or external financing.[2]

In 2017, PNC held its initial public offering becoming a listed company on the Shanghai Stock Exchange. Around this time, PNC established its wet cleaning equipment division which became the focus of the company.[3]

In 2019, PNC acquired optoelectronics firm, Bandweaver Technologies for 680 million yuan.[4]

In December 2023, the United States Department of Commerce's Bureau of Industry and Security added PNC to the Unverified List.[5]

In February 2024, The Korea Times reported four Samsung Electronics employees were arrested in the previous month for sharing the company's latest semiconductor surface cleaning equipment technology with PNC.[6]

Customers of PNC include Samsung, SK Hynix, TSMC, SMIC, Hua Hong Semiconductor, Yangtze Memory Technologies, ChangXin Memory Technologies and Silan Microelectronics.[3]

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See also

References

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