Ibiden vs Shennan Circuits
Both are primarily Substrates companies. Shennan Circuits has a tracked market cap of $35.4B; Ibiden is currently unpriced in the dataset. Shennan Circuits reports higher tracked revenue ($3.5B vs $1.7B).
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Side-by-side
| Ibiden | Shennan Circuits | |
|---|---|---|
| Market cap | Unpriced | $35.4B |
| Revenue | $1.7B (FY2026) | $3.5B (FY2025) |
| Primary segment | Substrates | Substrates |
| Market position | leader | major |
| Country | Japan | China |
| Tracked suppliers | 1 | 0 |
| Tracked customers | 9 | 7 |
| Chokepoint / criticality | 81/100 | 68/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-10-09. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How Ibiden and Shennan Circuits compare
- Revenue: Shennan Circuits reports higher tracked revenue.
- Supply-chain criticality: Ibiden has the higher chokepoint score (81/100 vs 68/100).
- Footprint: Ibiden (Japan) vs Shennan Circuits (China).
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Cite as: wafergraph, “Ibiden vs Shennan Circuits”, https://wafergraph.com/compare/ibiden-vs-shennan (data as of 2026-10-09).
Frequently asked questions3
- Is Ibiden bigger than Shennan Circuits?
- By tracked revenue, Shennan Circuits is larger ($3.5B vs $1.7B).
- What's the difference between Ibiden and Shennan Circuits?
- Ibiden is a leader in Substrates based in Japan; Shennan Circuits is a major in Substrates based in China. Both operate in the Materials segment.
- Who are Ibiden's and Shennan Circuits's suppliers?
- wafergraph tracks 1 suppliers for Ibiden and 0 for Shennan Circuits — Ibiden's include Ajinomoto.