ENTITY · hua_hong
Deal-Killer · Procurement Veto
direct suppliers sanctioned: NAURA Technology [BIS-EntityList], Piotech [BIS-EntityList], Kingsemi [BIS-EntityList], Zhongke Feice Technology [BIS-EntityList], Shanghai Micro Electronics (SMEE) [BIS-EntityList].Hua Hong Semiconductor1347
China·pure play·challenger·$37.3B mkt cap
China's second foundry, specialty and power-focused.
CRITICAL · 70–100
81/100 illustrative
Underwriting Thesis
CRITICAL — direct suppliers sanctioned: NAURA Technology [BIS-EntityList], Piotech [BIS-EntityList], Kingsemi [BIS-EntityList], Zhongke Feice Technology [BIS-EntityList], Shanghai Micro Electronics (SMEE) [BIS-EntityList]. A sanctioned node in the immediate supply path is a binary procurement risk that overrides all favorable factors.
Factor Breakdown
Foreign-Origin Concentration96
Sole-Source Dependence64
Sanctions Exposure95
Downstream Criticality60
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
No matched DoD semiconductor awards (USASpending) for this entity.
Shortest paths → DoD-exposed firms
- Scale AI · 2 hops · $105.6MHua Hong Semiconductor → NVIDIA → Scale AI
- GlobalFoundries · 3 hops · $1.05BHua Hong Semiconductor → Broadcom → Furukawa Electric → GlobalFoundries
- Marvell Technology · 3 hops · $184.3MHua Hong Semiconductor → Broadcom → InnoLight Technology → Marvell Technology
- Valens Semiconductor · 4 hops · $28.3MHua Hong Semiconductor → Broadcom → Furukawa Electric → TSMC → Valens Semiconductor
Possible substitutes · same commodity buckets
Chokepoint Relationships
Key Suppliers · upstream · 8
- ADVERSARY
- ACM ResearchUnited StatesDOMESTIC
- NAURA TechnologyChinaHostileADVERSARY
- PiotechChinaHostileADVERSARY
- KingsemiChinaHostileADVERSARY
- Hwatsing TechnologyChinaADVERSARY
- HostileADVERSARY
- HostileADVERSARY