HY Connect

Name

HY Connect

Legal name

苏州华兴源创科技股份有限公司

Website

https://hyc.com

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Industrial Testing Equipment

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Other Measuring and Controlling Device Manufacturing (334519), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Test & Measurement Equipment (Oscilloscopes, DAQ, signal analyzers, calibration benches) (IMAGAFAC)

akta.pro secondary industry

Test, Measurement & Calibration Equipment Manufacturing Services (ATE, DAQ, metrology electronics) (IMAGAGAH)

Keywords

• Industrial testing equipment
• Flat panel display testing
• Semiconductor test systems
• Automotive electronics testing
• Automated assembly lines

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Industrial Detection Equipment Manufacturing and Sales: HYC designs, develops, manufactures, and sells industrial automated testing equipment and turnkey detection system solutions for flat panel displays, semiconductors, smart wearables, and automotive electronics. Revenue is generated through the sale of customized equipment and production lines, with elements of project-based professional services for installation, commissioning, and after-sales support.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

HYC designs, develops, manufactures and sells customized industrial automated testing equipment and turnkey detection system solutions for flat panel displays (LCD, OLED, AMOLED, MicroLED), semiconductors (SoC, RF, MEMS, BMS, CIS), smart wearables, and automotive electronics (EMB, sensors, ADAS, thermal management, intelligent cockpit). The company also delivers automated assembly and testing production lines, plus reliability testing and calibration services through its HYCT division.

Product overview

苏州华兴源创科技股份有限公司 is a comprehensive industrial inspection equipment and turnkey testing system solutions provider with six major business divisions: Flat Panel Display (FPD), Smart Wearable Devices (SWD), Semiconductor (SEMI), Electric Vehicle Electronics (EVE), Incubation Business (IB), and HYC Testing (HYCT). The company's product portfolio spans display testing equipment (LCD, OLED, micro-display), semiconductor testing (ATE, handlers, AOI), automotive electronics testing and assembly (EMB systems, sensors, intelligent cockpit, LiDAR testing), smart wearable testing, and laboratory automation (pipetting workstations). The offerings combine computer vision inspection systems, automated assembly lines, and precision testing equipment serving industries including consumer electronics, semiconductor manufacturing, and new energy vehicles.

Differentiator

Problem solved

Functional benefit

Products and services

• T7600 Series SoC Testing Machine Ultra-large-scale mixed-signal SoC test system developed over 7 years, supporting S/M/H test heads with 768/1536/2304 digital channels; voltage precision 0.1mV, current precision 1nA. For semiconductor manufacturers needing high-accuracy SoC testing at wafer, package or final test stage.
• T7600S/T7600M/T7600H SoC Test Machines Extended T7600 family of SoC test machines supporting 1536, 3072 and 4608 digital channels respectively. Optimized for higher-density mixed-signal chip testing in semiconductor manufacturing.
• PXIe Modular Test Platform PCIe-based miniaturized test system for SiP, MEMS, RF and SoC chip testing with 14+ board cards covering power, digital, analog and RF applications. TS1800 RF PA tester supports up to 6GHz and 35dBm. For consumer electronics chip and semiconductor manufacturers.
• G8.6 AMOLED TSP OS Inspection Equipment First domestically-developed G8.6 generation AMOLED Touch Screen Panel Optical System inspection equipment in China, weighing 60 tons. For high-generation AMOLED display manufacturers requiring optical inspection of touch panels.
• Electronic Actuator Assembly and Testing Line 23-equipment linear production line for electronic actuator assembly and testing, with core processes including stator performance testing, stator housing pressing, screw fastening, dispensing, leak testing, resistance welding and laser marking. Yield rate ≥99.5% with full-line MES data traceability. For automotive electronics Tier-1 suppliers and OEMs.
• EMB (Electronic Mechanical Brake) Assembly and Testing Line EMB assembly and testing line planned with 19 equipment units (13 assembly + 4 testing + 2 reserved). Phase 1 cycle time 60s, Phase 2 cycle time 30s. Layout 28m × 6.8m. Compatible with 12 EMB brake calipers across 3 vehicle models. Core tests (airtight, slide force, clamp force, NVH, drag force, profile) are 100% automated. For NEV OEMs and intelligent chassis suppliers.
• Temperature and Pressure Sensor Assembly and Testing Line 8-station linear production line for temperature/pressure sensor assembly and testing, including pressure calibration, assembly, voltage testing, FT testing, leak testing and helium inspection. Compatible with dozens of sensor models; 80% of stations need no changeover. For automotive sensor suppliers and OEMs.
• High-Voltage Relay Production Line 10-station production line for high-voltage relays used in NEV power systems, including ceramic brazing inspection, helium inspection, magnetic block assembly & testing, laser welding, gas filling and FFT testing. Yield rate ≥99.5%. For NEV high-voltage component manufacturers.
• Central Console Screen Full-Automatic Testing Line 6-station testing line for intelligent cockpit central console screens with AOI defect testing, touch testing, electrical testing and brightness testing. Modular logistics design with single-screen dual-camera fusion detection at 0.05mm precision. For automotive intelligent cockpit Tier-1 suppliers and OEMs.
• TBP-U100 LiDAR Testing Equipment LiDAR testing system using laser beam imaging on frosted mirror surface with CCD lens capture to calculate sensor deflection angles. Test precision: X direction 0.204°, Y direction 0.014°. For ADAS suppliers and NEV OEMs developing LiDAR-based perception systems.
• Binocular Camera Assembly and Testing Line 6-station line for binocular camera ADAS modules, with MTF testing, screw fastening, lighting test, EOL testing and camera module assembly. Cycle time 22s. For ADAS camera module suppliers and automotive Tier-1s.
• Thermal Management Controller Production Line Thermal management controller line featuring desktop dispenser with high-precision single-component screw valve for dot, line, arc and irregular pattern dispensing. Positioning repeatability ±0.01mm, dispensing precision ±2%. 3D trajectory path capable. For NEV thermal management module manufacturers.
• Color Measurement Instruments (Color Analyzers) Color measurement instruments including point-style colorimeters, multi-angle spectrometers and area-array colorimeters for display optical testing. The C33-P10 model is ISO 14067 carbon-footprint certified. For flat panel display manufacturers.
• BMS (Battery Management System) Testing Equipment Battery Management System testing equipment including Cell Tester, Battery Tester and Cycler Tester for cell testing, battery management chip testing and PACK testing. For NEV battery manufacturers and BMS chip designers.
• HYC Testing (HYCT) Reliability Testing and Calibration Services External product reliability testing services and instrument/equipment calibration services delivered through subsidiary Suzhou SIP HYC Testing Technology Co., Ltd. For manufacturers needing third-party reliability validation and instrument calibration.

Quantifiable outcome

• Production line first-pass yield ≥99.5% on EMB assembly and high-voltage relay lines
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature7 records

Partnerships

Ten partnerships are on record, tiered minor, major and medium.

• Japan-based Customers and PartnersminorChannel Partner/ Reseller/ Distributor · 5 November 2024HYC Japan subsidiary serves as local sales and service hub to establish new partnerships and provide localized customer support in the Japanese market.
• Suzhou Coordinate System Intelligence Technology Co., Ltd. (苏州坐标系智能科技有限公司)majorStrategic or Co-development Partner · 2 November 2024Strategic cooperation for EMB (Electronic Mechanical Brake) automated production line. HYC serves as equipment supplier to build the first EMB automated production line for Coordinate System Intelligence, with max annual capacity of 800,000 units. Both parties aim to collaborate and go global together in the intelligent chassis domain.
• Jiangsu Heyi Optoelectronics (江苏和熠光显)majorStrategic or Co-development Partner · 10 September 2024First-time cooperation for full-line AMOLED flexible detection equipment. HYC delivered 95m production line covering 9 inspection processes (Demura, Gamma, MT1, MT2, AJU, Crack AOI, Aging) in just 3 months. Heyi's AMOLED project has total investment of ~5 billion RMB, planned annual capacity of 70 million pieces.
• Changshu UWC (常熟UWC)minorStrategic or Co-development Partner · 31 January 2024HYC and Changshu UWC launched the 'Everest Science and Technology Innovation Plan'. Established 'HYC-Changshu UWC Science and Technology Innovation Laboratory' and 'HYC-Changshu UWC Everest Science and Technology Innovation Scholarship' to support youth science and technology education.
• Soochow University (苏州大学)mediumStrategic or Co-development Partner · 7 January 2021Soochow University-HYC Joint R&D Center established for industry-academia-research cooperation. Combines university's fundamental research capabilities with HYC's industry application and commercialization capabilities. Focus on joint talent cultivation and technology transfer.
• Nanjing University of Posts and Telecommunications (南京邮电大学)mediumStrategic or Co-development Partner · 28 September 2019Strategic cooperation agreement signed between Nanjing University of Posts and Telecommunications School of Electronic and Optical Engineering and HYC for joint talent cultivation. HYC established 'HYC Scholarship and Teaching Award Fund' at the university. Partner provides academic research capabilities and talent pipeline; HYC provides industry perspective and practical training opportunities.
• Shenzhen Flat Panel Display Industry Association (SDIA)minorChannel Partner/ Reseller/ DistributorSDIA organized a Chinese electronics enterprise investment delegation to Vietnam, visiting HYC Vietnam subsidiary. SDIA serves as a bridge connecting Chinese enterprises seeking overseas expansion with local resources and market insights.
• Suzhou HYC Olyto Automation Technology Co., Ltd. (苏州华兴欧立通自动化科技有限公司)majorStrategic or Co-development PartnerWholly-owned subsidiary providing intelligent automation total solutions including testing and assembly equipment for consumer electronics, automotive, medical, and new energy industries. Subject of STAR Market's first asset restructuring in 2020.
• Suzhou SIP HYC Testing Technology Co., Ltd. (苏州工业园区华兴源创检测科技有限公司)minorStrategic or Co-development PartnerSubsidiary providing product reliability testing services and instrument equipment calibration services to external customers.
• Suzhou Gulixiang Sucheng Public Welfare Small Station (苏州桂香苏城公益小站)minorOthersHYC supported the establishment of the public welfare small station for students with hearing impairments to gain practical entrepreneurship and employment experience. HYC purchased supplies from the small station and organized bread charity sales at company premises.

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Intekplus: Korean machine-vision-based inspection equipment maker for semiconductor and display; competes with HYC's computer-vision-based OLED micro-crack detection and AMOLED optical inspection systems.
• Chroma ATE Inc. Taiwan-based precision test and measurement instrumentation company serving semiconductor, display, and EV markets. Closely comparable portfolio breadth (ATE, optical/color test, automotive electronics test) and similar target customers.
• Young Chang Research (YCR): Korean display inspection and testing equipment supplier serving Samsung Display and LG Display. Direct competitor to HYC's FPD (LCD/OLED/AMOLED) testing equipment and AMOLED optical inspection solutions.
• Teradyne: US-based global leader in semiconductor automated test equipment (ATE), including SoC and mixed-signal testers. Directly competes with HYC's T7600 platform in semiconductor test; both serve fabless/IDM/OSAT customers with comparable SoC ATE architectures.
• Hangzhou Changchuan Technology (长川科技): Chinese ATE and handler manufacturer; one of HYC's closest domestic competitors in semiconductor test equipment. Comparable product mix (testers, handlers) and shared exposure to domestic substitution tailwinds.
• Cohu: US-headquartered semiconductor test equipment supplier offering handlers, contactors, and ATE. Competes with HYC's semiconductor business and similar automotive/sensor test exposure.
• Advantest: Japanese ATE market leader with deep installed base across memory and logic test. Competes head-to-head with HYC in SoC/mixed-signal testing and dominates the high-end nodes where HYC is trying to expand.
• Wuhan Jingce Electronic (精测电子): Chinese flat-panel display testing equipment specialist; another HYC domestic competitor with strong presence in LCD/OLED testing modules. Comparable customer base among Chinese panel makers.

Broad incumbents

• NAURA Technology Group (北方华创): Largest Chinese semiconductor equipment incumbent spanning etch, deposition, thermal, and cleaning. Overlaps with HYC in semiconductor equipment customer relationships; broader portfolio but less specialized in ATE.

Regional players

• Beijing Sevenstar Electronics (北京七星华创): China-based semiconductor equipment manufacturer under Beijing Electronics Holding; broader portfolio spanning IC process equipment. Competitor in Chinese semiconductor equipment ecosystem with overlapping customer set.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hyconnect
• LinkedInlinkedin.com/company/hy-connect

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HY Connect