On December 16th, the "2024 Semiconductor Investment Annual Meeting and IC Industry Award Ceremony" co-organized by the Chinese Semiconductor Investment Alliance and Aijiwei.com was successfully held in Beijing. CISTA was honored with the "Annual Market Breakthrough Award".

【Annual Market Breakthrough Award】

The "Annual Market Breakthrough Award" aims to recognize companies that have achieved significant growth in sales revenue or sales volume of a single product in 2023, occupied a leading market share in a niche field, and have a wide range of product applications. This award focuses on companies that have deeply cultivated a specific niche in the semiconductor industry. These companies' products possess strong market competitiveness, occupy a leading position in their respective niches, and hold full independent intellectual property rights. After rigorous evaluation by over 100 member units of the Semiconductor Investment Alliance and more than 500 CEOs from the semiconductor industry, five companies ultimately stood out from the crowd based on their product performance and specifications, sales volume and market share, and overall corporate revenue.

【Significant Growth in Overall Business】

Currently, the main product of CISTA, CMOS image sensors, has basically covered the mainstream specifications in the consumer electronics, security, and automotive fields. At the same time, CISTA's testing factory can independently control the testing process and yield to ensure better performance and specifications for its products.

Over the past few years, CISTA has experienced significant growth in sales and business, with a compound annual growth rate of over 70% in revenue for the past four years. Notably, this year's sales have increased by 76% compared to the previous year. Currently, the sales of CISTA's main products have entered a stable and scalable phase, marking a rapid acceleration in its growth trajectory.

CISTA, one of these distinguished companies, has demonstrated remarkable market breakthroughs in the past year, setting a new benchmark for the industry. This award serves as a testament to the company's dedication to innovation, market expansion, and leadership in the semiconductor industry.