- CEO
- Hui Wang
- Full Time Employees
- 2,023
- Sector
- Technology
- Industry
- Semiconductors
- Address
- 42307 Osgood Road Fremont CA United States of America 94539
- IPO Date
- Nov 2, 2017
- Business
- ACM Research, Inc. is a publicly traded semiconductor equipment manufacturer specializing in wafer fabrication equipment (WFE) for advanced integrated circuit (IC), compound semiconductor, wafer-level packaging, and wafer manufacturing markets. Founded in 1998 and headquartered in Fremont, California, ACM Research develops, manufactures, and sells production tools and systems focused on single-wafer or batch wet cleaning, electroplating, stress-free polishing, plasma-enhanced chemical vapor deposition (PECVD), track systems, and thermal processing. Its main product categories include wet processing equipment such as advanced single-wafer cleaning systems targeting front-end-of-line (FEOL), back-end-of-line (BEOL), and wafer-level packaging (WLP) applications; electrochemical plating (ECP) tools; and various thermal and deposition tools used in semiconductor device manufacturing.
Recent major developments include a robust financial performance in fiscal year 2024 with a 40% revenue growth and a 63% increase in total shipments, reflecting strong market demand and successful expansion of its product portfolio addressing a broader range of applications and customers. ACM has ramped up operations at its Lingang production facility in China and achieved process qualification of its Advanced Layer Deposition tools specifically for the Chinese semiconductor market. Despite some operational challenges due to U.S. export restrictions impacting its subsidiaries, the company maintains strong revenue guidance for 2025, forecasting $850 million to $950 million in revenues, driven by continued innovation, expanded geographic presence beyond mainland China, and new product launches. ACM Research also announced strategic partnerships to enhance market penetration, including expanding sales and service teams in North America, Western Europe, and Southeast Asia to support global customer needs.
ACM serves leading foundry, logic, memory chip makers, and semiconductor manufacturers worldwide, with a concentration in China but increasing efforts to broaden its technology adoption and customer base globally. The company operates primarily through its subsidiary ACM Research (Shanghai) Inc., which handles most product development, manufacturing, and support. Its products are designed to improve semiconductor manufacturing productivity and yield through advanced wet processing and electroplating technologies.
Overall, ACM Research is positioned as a leading supplier of wafer processing equipment with a comprehensive multi-product portfolio that supports next-generation semiconductor device fabrication, backed by strong operational execution and market expansion strategies initiated in the last two years. The company continues to invest in process innovation and geographic diversification, making it a key player in the semiconductor capital equipment industry.