TECH

Chip Designer OmniVision Soars in Hong Kong Debut

Published: Jan. 13, 2026 12:55 a.m. GMT+8

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Founded in 2007 as a semiconductor distributor under the name Will Semiconductor, OmiVision pivoted to chip design following its 2017 Shanghai listing. Photo: VCG

Chinese image sensor maker OmniVision Integrated Circuits Group Inc. climbed 16% on its Hong Kong trading debut Monday, after raising HK$4.69 billion ($603 million) to fund research and development.

The company’s strong market entrance, which complements its Shanghai listing, reflects rising investor appetite for Chinese tech firms focused on advanced semiconductor design. As the world’s third-largest supplier of digital image sensors, OmniVision is pivoting toward growth in automotive and high-end smartphone segments after enduring a cyclical slump in consumer electronics.

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OmniVision’s Hong Kong debut saw shares rise 16% after raising HK$4.69 billion, with 70% of proceeds allocated to R&D.
As the world’s No. 3 image sensor supplier (13.7% 2024 share), OmniVision’s revenue was 25.71 billion yuan in 2024; net profit rose to 3.32 billion yuan.
In H1 2025, mobile and automotive markets contributed 37.9% and 36.6% of revenue; overseas sales accounted for 84.2%.

AI generated, for reference only

Who’s Who

OmniVision Integrated Circuits Group Inc.: OmniVision Integrated Circuits Group Inc. (豪威集团) is a Chinese image sensor maker. It recently climbed 16% on its Hong Kong trading debut, raising $603 million for R&D. The company is the world's third-largest supplier of digital image sensors, with a 13.7% market share in 2024. It focuses on automotive and high-end smartphone segments and rebranded from Will Semiconductor.

UBS Group: UBS Group acted as a sponsor for OmniVision Integrated Circuits Group Inc.'s Hong Kong listing. Additionally, UBS Asset Management (Singapore) was one of the ten cornerstone investors who committed a total of HK$2.17 billion to the global offering.

China International Capital Corp.: China International Capital Corp. (CICC) acted as one of the sponsors for OmniVision Integrated Circuits Group Inc.'s Hong Kong listing. OmniVision raised HK$4.69 billion ($603 million) to fund research and development through this listing.

Ping An Capital: Ping An Capital was one of the sponsors for OmniVision Integrated Circuits Group Inc.'s Hong Kong listing. OmniVision, a leading image sensor maker, raised HK$4.69 billion ($603 million) in this offering to fund its research and development initiatives.

GF Securities: GF Securities was one of the financial institutions that sponsored OmniVision Integrated Circuits Group Inc.'s Hong Kong trading debut. OmniVision raised HK$4.69 billion ($603 million) through this listing.

Boyu Capital: Boyu Capital's Wildlife Willow Ltd. was one of ten cornerstone investors in OmniVision Integrated Circuits Group Inc.'s Hong Kong trading debut. They committed to a total of HK$2.17 billion, covering 45.3% of OmniVision's global offering.

UBS Asset Management: UBS Asset Management (Singapore) was one of the cornerstone investors for OmniVision Integrated Circuits Group Inc.'s Hong Kong listing. They committed a portion of the HK$2.17 billion total from cornerstone investors, covering 45.3% of the global offering.

Huaqin Technology Co. Ltd.: Huaqin Technology Co. Ltd. is a backer of OmniVision, as its Hong Kong unit was one of the ten cornerstone investors that committed a total of HK$2.17 billion, covering 45.3% of OmniVision's global offering. This investment supported OmniVision's Hong Kong trading debut, which aimed to fund research and development for the image sensor maker.

Postal Savings Bank of China: The Postal Savings Bank of China, through its wealth management arm, was one of ten cornerstone investors in OmniVision Integrated Circuits Group Inc.'s Hong Kong listing. This investment amounted to a total of HK$2.17 billion, covering 45.3% of the global offering.

Will Semiconductor: Will Semiconductor was founded in 2007 as a semiconductor distributor. Following its Shanghai listing in 2017, the company pivoted to chip design. This transition was marked by its acquisition of OmniVision Technologies, a significant image sensor producer. In June 2025, it rebranded as OmniVision. By mid-2025, chip design accounted for 83% of its revenue.

OmniVision Technologies: OmniVision Technologies, a Chinese image sensor maker, raised $603 million in its Hong Kong trading debut, intending to use 70% of the proceeds for R&D. The company, which is the world's third-largest supplier of digital image sensors, is expanding into automotive and high-end smartphone markets. OmniVision became a chip design company after acquiring OmniVision Technologies and currently derives over 70% of its revenue from image sensors.

OPPO: An affiliate of OPPO was among the cornerstone investors that committed to OmniVision's Hong Kong listing, contributing to the total of HK$2.17 billion. This investment supported OmniVision's global offering, covering 45.3% of the total.

AI generated, for reference only

What Happened When

2007：: Founded as a semiconductor distributor under the name Will Semiconductor.

2017：: Pivoted to chip design following its Shanghai listing.

2023：: Net income was 560 million yuan.

2024：: OmniVision ranked third globally in image sensor sales, with a 13.7% market share.

2024：: Revenue rose to 25.71 billion yuan; net income jumped to 3.32 billion yuan; performance improved due to recovering demand and automotive industry transformation.

First half of 2025：: Smartphones contributed 37.9% and automobiles 36.6% of image sensor revenue; revenue reached 13.94 billion yuan, net profit 2.03 billion yuan; offshore revenue was 11.74 billion yuan (84.2% of total).