SwaySure (Shenzhen DRAM/Novel Memory Fab) · 深圳市昇维旭技术有限公司

SwaySure Technology Co., Ltd. | Memory

Shenzhen-state-backed memory venture founded March 2022 (registered capital ¥5 billion), led by CEO Liu Xiaoqiang (ex-TSMC fab manager) and initially by CS…
Published

October 11, 2026

TipWhy This Matters

Shenzhen-state-backed memory venture founded March 2022 (registered capital ¥5 billion), led by CEO Liu Xiaoqiang (ex-TSMC fab manager) and initially by CSO Sakamoto Yukio (ex-Elpida CEO); the widely quoted ‘¥300 billion ambition / 140,000 wafers/month’ plan is aspirational and unverified. Its ‘novel memory production line project’ (新型存储器产线) heads Shenzhen’s 2025 major-industrial-project list, and 2025-2026 municipal water-use notices for wet-etch/CMP indicate process equipment is operating at plant level.

Chinese name: 深圳市昇维旭技术有限公司 (Shēnzhèn Shì Shēngwéixù Jìshù Yǒuxiàn Gōngsī)

What does this facility make?

No verified product output yet; reported to target DRAM from 28nm-class nodes and new memory types.

Why does it matter?

Added to the Entity List in the December 2, 2024 round; July 2026 reporting (via FT and reprints) describes it as one of the Huawei-linked ‘Guanlan’-family Shenzhen sites and part of a government-SwaySure-Huawei triangle building 12-inch DRAM capacity — i.e., a key piece of China’s most opaque memory push, with essentially no independently verified output.

Key Facts

Company SwaySure Technology Co., Ltd.
Type Memory
Category State-Backed
Capability 12-inch DRAM/novel memory fab, 28nm starting node, long-term plan reported at 140,000 wafers/month
Status Under Construction
Capacity Not yet recorded
Investment Not disclosed
Funding Source Local Govt
Location Shenzhen, Guangdong
Current Node Not yet researched
Entity List Yes — US Commerce BIS (02 Dec 2024)
Equipment Origin Not yet assessed
Last Verified Not recorded (newest source dated Oct 2026)

Technical Complexity

4.4/5

Technology Node Trajectory

Node history not yet researched.

Project Timeline

  • Mar 2022 — Company founded, funded entirely by Shenzhen Industrial Investment Group
  • Dec 2024 — Added to the US Commerce Department’s Entity List (SwaySure Technology Co., Ltd.)
  • Sep 2025 — Shenzhen lists its novel-memory line among top major industrial projects; process water permits confirm fab-level operations
  • Jul 2026 — Reports describe Huawei co-developing the 12-inch DRAM fab (140,000 wafers/month long-term plan, unverified)

Sources


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