# Hua Hong Semiconductor acquires 97.5% stake in HLMC for $1.14B

Hua Hong Semiconductor is acquiring a 97.5% stake in Huali Microelectronics (HLMC) for about $1.14 billion from Hua Hong Group and government-backed funds, adding 38,000 wafers/month of 65nm and 40nm capacity.

- Type: Acquisition
- Announced: 2026-01-02
- Where: Shanghai, China, China
- Value: $1.14B
- Status: announced
- Capacity: 38,000 wafers per month
- Products: 65nm and 40nm wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Huali Microelectronics](https://endata.com/companies/19622.md) (target)
- [Hua Hong Group](https://endata.com/companies/19623.md) (partner)
- [Hua Hong Semiconductor](https://endata.com/companies/29125.md) (acquirer)

## Sources

- [dealroom.co](https://dealroom.co/news/124275-hua-hong-semiconductor-consolidates-domestic-capacity-with-1-2b-hlmc-acq/), 2026-01-02: "The deal will see Hua Hong Semiconductor acquire shares previously held by its state-owned parent Hua Hong Group and several government-backed investment funds."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.