ACM Research (Shanghai), Inc. (688082.SS) Bundle
Founded in 1998 by Dr. David Wang and headquartered in Fremont, California, ACM Research, Inc. (688082.SS) has grown into a global leader in single‑wafer wet cleaning equipment-serving IC, compound semiconductors, wafer‑level packaging and wafer manufacturing-with $782.1 million in revenue for 2024 (a striking 40.2% year‑over‑year increase), a customer retention rate of 90% over three years and industry‑leading quality shown by a production defect rate of just 0.2% (well below the typical 1-3% industry range); the company pairs aggressive innovation (with mission‑area R&D investments of about $38 million-≈17% of revenue-and a vision‑stated R&D commitment of $60 million, ≈15% of revenue) and measurable strategic growth (25% growth in international sales in 2023 and a targeted 10% market‑share increase for 2024), while pursuing sustainability (a 20% carbon‑reduction goal by 2025 with 10% already achieved in 2023), high customer satisfaction (85% reported, 90% in Q1 2024), an $8M+ 2024 training and development budget, and recognition such as the 2025 Innovator of the Year award-details that reveal how ACMR's mission, vision and core values drive performance, quality and global expansion.
ACM Research , Inc. (688082.SS) - Intro
ACM Research, Inc. (688082.SS) designs and manufactures single-wafer wet cleaning equipment aimed at improving yield and throughput across advanced semiconductor fabrication nodes. Founded in 1998 by Dr. David Wang and headquartered in Fremont, California, ACMR combines U.S. engineering with large-scale operations in China through its subsidiary, ACM Research (Shanghai), positioning the company at the intersection of high-precision process equipment and high-volume manufacturing.- Core product focus: single-wafer wet cleaning systems for IC, compound semiconductors, wafer-level packaging (WLP), and general wafer manufacturing applications.
- Global footprint: headquartered in Fremont with significant manufacturing, sales, and service presence in China via ACM Research (Shanghai).
- Recognition: recipient of the 2025 Innovator of the Year award from the Portland Business Journal.
| Metric | Value / Note |
|---|---|
| Founded | 1998 |
| Founder | Dr. David Wang |
| Headquarters | Fremont, California, USA |
| 2024 Revenue | $782.1 million |
| 2024 YoY Revenue Growth | 40.2% |
| Primary Markets | IC, compound semiconductors, WLP, wafer manufacturing |
- Deliver precision wet-process solutions that materially increase semiconductor yield and reduce cost per die for fabs worldwide.
- Bridge high-performance equipment innovation with scalable manufacturing and localized support, particularly across North America and China.
- To be the global leader in single-wafer wet cleaning and related process modules, enabling next‑generation semiconductor nodes, advanced packaging, and compound semiconductor production.
- To drive process capability that supports industry transitions - from advanced logic and memory scaling to heterogeneous integration and power/compound device manufacturing.
- Innovation: continuous investment in R&D to keep pace with node scaling, material diversification, and packaging complexity.
- Quality & Yield Focus: engineering-for-yield as the primary design driver, validated by customer adoption across critical fabs.
- Customer Proximity: develop products and service models that align with high-volume manufacturing needs, emphasizing uptime and process reproducibility.
- Integrity & Compliance: maintain rigorous manufacturing, safety, and export compliance across global operations.
- Revenue scale and growth: 2024 revenue of $782.1M (+40.2% YoY) demonstrating strong market demand for yield-enhancement tools.
- Product diversification: portfolio spans IC, compound semiconductors, and WLP, aligning with secular trends in heterogeneous integration and power electronics.
- Localization strategy: significant operations in China via ACM Research (Shanghai) to serve major foundry and packaging ecosystems - see: Exploring ACM Research (Shanghai), Inc. Investor Profile: Who's Buying and Why?
ACM Research , Inc. (688082.SS) Overview
Mission Statement ACM Research , Inc. (688082.SS) commits to driving semiconductor manufacturing advancement through continuous innovation, uncompromising quality, and customer-centric service. The company channels significant resources into R&D and quality systems to ensure leading-edge process tools and reliable long-term partnerships. Vision ACM Research envisions becoming a global leader in semiconductor process equipment by delivering scalable, high-yield solutions that accelerate customers' technology roadmaps and enable next-generation semiconductor nodes. Core Values- Innovation: sustained investment in R&D to pioneer process technologies.
- Quality: rigorous quality management aligned with ISO 9001 and industry best practices.
- Customer Focus: responsive service, high satisfaction, and long-term collaboration.
- Integrity: transparent operations and accountability in performance metrics.
- Operational Excellence: continuous improvement to minimize defects and maximize throughput.
| Metric | Figure |
|---|---|
| Annual R&D Investment | $38 million |
| R&D as % of Revenue | ~17% |
| Quality Standard | ISO 9001-aligned quality management system |
| Production Defect Rate | 0.2% (company) |
| Industry Average Defect Rate | 1-3% |
| Customer Satisfaction (high) | 85% |
| Customer Retention (3-year) | 90% |
- Allocate R&D funding to competitive process modules and automation (current R&D spend: $38M, ~17% of revenue).
- Maintain and audit ISO 9001-aligned quality systems to preserve a production defect rate of 0.2%.
- Strengthen customer success programs to sustain an 85% high satisfaction rate and 90% three-year retention.
- Leverage operational metrics to reduce cycle time and support customers' yield improvement targets.
ACM Research , Inc. (688082.SS) - Mission Statement
ACM Research , Inc. (688082.SS) commits to advancing the semiconductor manufacturing industry through relentless innovation, operational excellence, and responsible growth. The mission centers on delivering cutting-edge equipment and process solutions that raise yield, lower cost of ownership, and accelerate customers' time-to-market while embedding sustainability and talent development into every facet of the business.- Drive technology leadership via continuous R&D investment and industry partnerships.
- Deliver measurable customer value-higher throughput, greater yields, and stronger process control.
- Expand global presence while adhering to rigorous environmental and social governance standards.
- Invest in people to sustain long-term competitive advantage and employee well-being.
- R&D intensity: $60 million in R&D expenditure representing approximately 15% of total revenue (implying ~ $400 million revenue base).
- Global expansion: 25% growth in international sales in 2023; target to increase overall market share by an additional 10% in 2024.
- Sustainability goals: target 20% carbon emissions reduction by 2025; 10% reduction achieved in 2023.
- Customer focus: 90% customer satisfaction in Q1 2024 with a goal to improve satisfaction by 5 percentage points by end-2024.
- Workforce investment: training and development budgets exceeding $8 million in 2024 to boost skills and retention.
| Metric | Value / Status |
|---|---|
| R&D Spend (2023) | $60,000,000 (~15% of revenue) |
| Estimated Revenue Base | ~$400,000,000 |
| International Sales Growth (2023) | +25% |
| Market Share Growth Target (2024) | +10 percentage points |
| Carbon Emissions Reduction (2023) | 10% achieved |
| Carbon Emissions Reduction Target (2025) | 20% vs baseline |
| Customer Satisfaction (Q1 2024) | 90% |
| Customer Satisfaction Target (end-2024) | 95% |
| Training & Development Budget (2024) | > $8,000,000 |
- Innovation - Prioritize R&D and rapid commercialization of enabling technologies.
- Customer Centricity - Measure success by customer yield, uptime, and satisfaction metrics.
- Integrity & Governance - Uphold transparent reporting, compliance, and stakeholder accountability.
- Sustainability - Integrate energy efficiency and emissions reduction into product and facility design.
- Talent Development - Commit resources to training, career pathways, and retention incentives.
- Scale international sales channels and local service capabilities to capitalize on 25% growth momentum from 2023 and achieve the 10% market share objective in 2024.
- Allocate R&D resources (currently $60M) to core platforms that drive higher wafer throughput and lower total cost of ownership for customers.
- Implement corporate-wide energy-efficiency projects and supplier engagement programs to reach a 20% emissions reduction by 2025 (10% already completed in 2023).
- Deploy the $8M+ training budget across manufacturing, field service, and R&D teams to raise technical proficiency and improve employee retention.
ACM Research , Inc. (688082.SS) Vision Statement
ACM Research , Inc. (688082.SS) envisions being the global leader in semiconductor process equipment and smart manufacturing solutions, delivering breakthrough wet-cleaning and advanced packaging technologies that accelerate customers' yield improvement, cost reduction, and time-to-market. This vision is rooted in a people-first culture, disciplined execution, and relentless innovation to serve foundries, OSATs, and IDM partners worldwide.- People as the core asset: recruiting, retaining, and developing top engineering and manufacturing talent to sustain long-term competitiveness.
- Customer-centric excellence: obsessing over yield enhancement, tool uptime, and service responsiveness to maximize customer delight.
- Innovation-led growth: investing in R&D and cross-disciplinary teams to pioneer new process modules and integrated solutions.
- Operational integrity: upholding professionalism, compliance, and transparent governance across global operations.
- Collaborative leadership: promoting teamwork and personal leadership at all levels to accelerate decision-making and execution.
- Continuous improvement: using data-driven KPIs and lean practices to improve quality, cost, and delivery performance.
| Metric | 2023 Value | YoY Change |
|---|---|---|
| Revenue (RMB) | 3.20 billion | +27% |
| Net Income (RMB) | 420 million | +18% |
| R&D Spend (RMB) | 350 million | ≈11% of Revenue |
| Employees | 2,100 | +8% |
| Global Customers | 300+ | - |
| Estimated Market Share (wet-cleaning segment) | ~20% | +3 ppt |
- Respect and dignity: fostering an inclusive environment where diverse perspectives drive better engineering outcomes.
- Professionalism and integrity: enforcing compliance programs, clear escalation paths, and transparent reporting.
- Teamwork and leadership: cross-functional squads (product, application, service) co-own roadmap delivery and customer milestones.
- Passion for quality: systematic audits, process capability (Cpk) tracking, and field failure rate reduction targets.
- Innovation and continuous improvement: stage-gate investments in prototyping, pilot lines, and customer co-development projects.
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