The Ranking List of the Top Chinese Mobile Phone Supply Chain Companies by R&D Spending released

Editing by Xin Lanhua

JW Insights released the Ranking List of Top Chinese Mobile Phone Supply Chain Companies by R&D Spending in the first nine months of 2021 on December 18 in Beijing. 

The Ranking List covered a total of 148 mobile phone supply chain firms that are listed on Chinese stock markets. Their products cover multiple sub-categories in the mobile phone industry chain, such as device design and manufacturing, displays, semiconductors, precision structural parts, acoustics, PCBs, optics, components, materials and equipment, and cameras.

The R&D expenses of these companies totaled RMB64.7 billion ($10.2 billion), a 29.62% year-on-year increase, and the total R&D expenses accounted for 4.65% of their overall operating income.

Among the 148 companies in the Ranking List, there are 16 with R&D expenses exceeding RMB1 billion ($157 million), five exceeding RMB2 billion ($314 million). The top five companies are:

JW Insights, the leading Chinese information and consulting services on semiconductor and ICT industries, tracks the listed Chinese companies providing semiconductor and related services, categorizes and researches them from eight major benchmarks - market value, business revenue, profit, R&D expenditure, per capita revenue generation, per capita profitability, and average salary and P/E ratio. Among the 148 companies, 125 have increased their R&D spending yearly, and 13 decreased from a year earlier. Eight companies have a more than 100% growth rate. They are Nanjing Sunlord Electronics (商络电子), Visionox Technology (维信诺), Xi'an Manareco (瑞联新材), SMEI (赛微电子), Chipown (芯朋微), Beken Corporation (博通集成), Nanya New Material Technology(南亚新材) and CFMEE(芯碁微装).

The following is the full Ranking List of the 148 companies in Chinese.