Shenzhen Tongrui Microelectronics Technology

Shenzhen Tongrui Microelectronics Technology

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Market cap
-
Enterprise valuation
$110—165m (Dealroom.co estimates Jan 2024.)
Shenzhen Zhejiang (HQ)
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Torey Technology focuses on the design, production, and sales of display driver integrated circuits (ICs) using advanced flip chip thin film technology. The company operates in the semiconductor industry, providing comprehensive IC solutions that include design, manufacturing, sales, technical services, and consulting. Torey Technology serves a diverse range of clients, including electronics manufacturers and technology firms, primarily in China but also internationally. The business model revolves around leveraging proprietary display technologies to offer high-quality image processing solutions, thereby generating revenue through product sales and technical services. The company has a strong emphasis on research and development, evidenced by its acquisition of RDJ and the establishment of an R&D center in Japan. Torey Technology has also achieved significant milestones, such as passing supply chain certifications and mass-producing various IC series. The company aims to contribute to the growth of China's IC industry by staying ahead of industry trends and technological advancements.

Keywords: display driver ICs, flip chip technology, image processing, semiconductor, IC design, manufacturing, technical services, R&D, China, electronics.