Market Share
~15% IC substrates (FC-BGA)
Key Product
FC-BGA and lead frame substrates
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Shinko Electric Industries is a major Japanese supplier of IC substrates and lead frames used in advanced semiconductor packaging. The company's FC-BGA substrates are used in high-performance computing applications, and it is a key supply partner for leading chip designers and foundries. Formerly a Fujitsu subsidiary, Shinko Electric was acquired by a JIC-led consortium (including Dai Nippon Printing and Mitsui Chemicals) and delisted from the Tokyo Stock Exchange in June 2025, reflecting Japan's strategy of consolidating semiconductor materials under government-aligned ownership. As advanced packaging becomes increasingly important for AI chips — particularly for HBM integration and chiplet architectures — Shinko's substrate technology is a critical enabler. The company has been expanding capacity to meet growing demand from AI chip manufacturers.
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Critical path — raw silicon to deployment
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QWho supplies Shinko Electric?
Shinko Electric relies on 1 upstream supplier across the AI chip supply chain.
Antimony (CN) (Dominant antimony producer for PCB substrate flame retardants and III-V semiconductor compounds).
QWhat does Shinko Electric make?
Major IC substrate and lead frame supplier
Key products FC-BGA and lead frame substrates