On December 18, 2021, the 2022 China IC Top Award Ceremony sponsored by the China Semiconductor Investment Alliance was held in Beijing. More than 200 enterprises applied for the current China IC Ranking List, of which 165 enterprises were selected. Relying on the leading core technology and outstanding market performance, Thinkplus Semiconductor won the title of "The Best New Company of the Year" in 2022 China IC Top Award Ceremony.

China IC Ranking List is one of the most authoritative and influential awards in the industry. It aims to select outstanding enterprises in China's semiconductor industry and show the strategic depth and vitality of outstanding enterprises in the new era based on comprehensive evaluation of their market performance, innovation ability and social reputation. This jury with a large lineup is composed of nearly 140 member units of the China Semiconductor Investment Alliance and more than 400 CEOs in the semiconductor industry. This honor to Thinkplus Semiconductor shows that the semiconductor industry has highly recognized the company's innovation ability and achievements in the field of power management ICs.

Since its establishment in 2011, Thinkplus Semiconductor has been focusing on technology research and development in the field of lithium battery power management ICs. The company has gone through three important stages of development. The period from 2011 to 2013 is the stage for technology accumulation of Thinkplus Semiconductor, during which time, the company mainly provided customized ICs for customers; from 2014 to 2016, the company successfully seized the development opportunity of the power bank market and rose rapidly, achieving the good result of ranking first in the industry for shipments of its ICs in the 1A power bank SOC market; Since 2017, thanks to the strong investment in core technology research and development, the deep understanding of customer needs and the accurate prediction of TWS market development, Thinkplus Semiconductor has ushered in the second period of rapid growth, and has grown into a leading enterprise in the power management integrated circuit industry.

The reason why Thinkplus Semiconductor has made such great achievements is due to the profound accumulation in the past decade. Up to now, the company has made breakthroughs in the key technical architecture of various power management technologies, including linear charging IC, switch charging technology, low-voltage high current charging IC, high-voltage high current charging IC technology, and ultra-low power consumption power supply technology; the recent decade has witnessed the rapid development of China's consumer electronics market. The growth of domestic complete machine manufacturers and system manufacturers has driven the development of domestic IC supply chain; importantly, relying on the strong support of the national policy for the semiconductor industry in recent years, the company has followed the trend for domestic products to replace foreign products. In the future, domestic semiconductor enterprises will have more opportunities to participate in the product prototype design required by customers, which also provides a driving force for the technological innovation and sustainable development of enterprises.

Therefore, Thinkplus Semiconductor will seize the opportunity that China vigorously develops the integrated circuit industry, and actively play its own advantages in lithium battery power management technology, to continue to expand the application scenarios of IoT, 5G, new energy and so on in the consumer electronics, industrial, automotive electronics and other fields; and will develop more complete and valuable products and solutions for customers, and strive to become a respected IC design company, and thus contribute to the development of China's integrated circuit industry with innovative technology.

About Thinkplus Semiconductor

Founded in 2011, the company is a national high-tech enterprise and a leading enterprise of power management integrated circuits in TWS industry, and has always focused on the design of POWER⁺ power management integrated circuits (ICs) for battery applications. At present, the company mainly provides leading battery management system-level IC solutions for consumer electronics, industrial and automotive electronics industries, including power bank SOC, TWS earbuds power management IC, interface protocol and protection IC, etc.

In the past two years, Thinkplus Semiconductor has ranked first in the market share of TWS cradle SoCs, with accumulated shipments of more than 700 million pcs. It has developed many customers including manufacturers of well-known brands at home and abroad, such as Xiaomi, OPPO, OnePlus, realme, Transsion, Meizu, 1MORE, Baidu, NetEase, EDIFIER, Harman, Lenovo, etc., serving hundreds of millions of consumers around the world.

The company has set up R&D centers in Shenzhen, Chengdu and Zhuhai, and the R&D team members account for about 60% of the total number of employees of the company. They are excellent graduates from Hong Kong University of Science and Technology, Huazhong University of Science and Technology, University of Electronic Science and Technology of China, Xi'an Jiaotong University, Xidian University and other well-known universities. Among them, more than 50% have a master's degree or above. Up to October 30, 2021, the company has applied for and obtained more than 70 independent intellectual property rights.