Grasp the opportunity of China-Singapore cooperation to accelerate the globalization
"Just like the warm climate here, the cooperation between Suzhou/Suzhou Industrial Park and Singapore is also advancing steadily and deepening. For HYC, a company that grew up in Suzhou Industrial Park and developed into Singapore, the Suzhou/Suzhou Industrial Park and Singapore cooperation platform will bring more opportunities for our international development." On February 22, at the briefing on Suzhou's innovation development and investment held in Singapore,
Three-temperature zone sorter for automotive chip testing
HYC CEO Chen Wenyuan stated.
Born in the Suzhou Industrial park, grew up in Suzhou
Now gradually flourishing in Singapore
HYC takes one step at a time
Promote the strategy of self-improvement, self-reliance to advance the science and technology
On the one hand, HYC bravely climbs the technology "Mount Everest" in the subdivided field, and strive to become a world-class high-tech enterprise. The company has continued to invest in the testing of new display products such as flexible OLEDs, MicroLEDs , and MicroOLEDs . It has provided customized testing equipment for world-renowned manufacturers for ten consecutive years, and has maintained industry excellence in multiple testing areas. In addition, the company is also actively carrying out technological upgrading and new industry expansion, and has successively realized the industrialization of high-end semiconductor equipment such as SoC chips and radio frequency chip testing machines; and has developed electrical vehicle controller modules and driving computing modules. Test equipment is available for volume sale.
On the other hand, HYC actively implements the internationalization strategy, and has successively established subsidiaries in the United States, South Korea, Vietnam, and Singapore, and has plans to deploy in Thailand and Mexico.
HYC established a Singapore subsidiary in October 2019. Up to now , it has invested a total of 15 million US dollars and attracted more than 50 local talents in Singapore.
HYC's Singapore subsidiary is an all-around company with R&D, production and sales functions, focusing on three main functions:
The first is the research and development, production and sales of three-temperature zone sorting machines for automobile chip testing and environmental protection equipment;
The second is to further expand the emerging markets in Southeast Asia as the overseas window of the headquarters;
The third is to cultivate all kinds of talents with a global perspective in R&D, operation, and marketing for HYC's globalization strategy.
Three-temperature zone sorter for automotive chip testing
CEO Chen Wenyuan stated:
HYC chooses Singapore firstly because Singapore has a stable and open political environment, a diverse and inclusive social environment, a high-end talent environment based on more than 6,000 Asia-Pacific headquarters of multinational companies, and a pragmatic business environment. Secondly, Singapore is also the best gateway to enter emerging markets such as Southeast Asia. Through Singapore subdivision, it is more convenient to explore the entire Southeast Asian market.
"The success of the Suzhou Industrial Park and the close interaction between the governments of China and Singapore also make us believe that HYC Singapore can achieve the expected strategic goals more smoothly with the support of the two governments. HYC also hopes that the Singapore subdivision can achieve employment opportunities, business income generation, trade exchanges and tax contributions, and even, if conditions permit in the future, develop into a Southeast Asian headquarters.”
Founded in 2005, HYC is an excellent provider of automated industrial testing equipment and complete line testing system solutions in the industry. Its products are widely used in flat panel displays, smart wearables, semiconductors, automotive electronics and other fields. In 2019, HYC became the first listed company on the Science and Technology Innovation stock trading Board. It has now been selected as a semiconductor index stock on the China Science and Technology Innovation stock trading Board, and has been selected as one of the top 100 innovative companies in Jiangsu Province for many years. Since its establishment nearly 20 years ago, HYC has experienced the development process from scratch, from small to large, from traditional manufacturing drive to high-end technology research and development, and from domestic to global.