Espressif Systems

Summary

About

About Espressif Systems

Espressif Systems was founded in 2008 and is headquartered in Shanghai. The public fabless semiconductor company listed on the Shanghai STAR Market in 2019 and develops RISC-V and Xtensa-based SoCs, modules, development boards, operating software and cloud-connected tooling. Official company data reports more than 1.5 billion cumulative IoT SoC shipments across all markets.

Robotics exposure comes from the combination of low-cost embedded compute, wireless connectivity and a large open-source developer ecosystem. ESP32 devices can handle peripheral control, communications, machine vision preprocessing and local AI workloads inside robots, but they are not complete autonomy systems. Existing supply evidence links Espressif chips to named robotic products, while the broader installed base spans consumer and industrial IoT. Korthos therefore tracks the repeatable enabling layer without assigning the full shipment total to robotics.

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Operations

Output & shipments

  • Shipments

    2025-12-31 - Espressif reported more than 1.5 billion cumulative global IoT-chip shipments across its full portfolio; this is a company-wide AIoT figure, not a robotics-only total. - all Espressif IoT chip families and end markets

    Source

Supply

Supply chain relationships

  • Holybro

    Outbound - electronics and robotics components - The Bluetooth-equipped Holybro Kakute H7 V1.5 uses an Espressif ESP32-C3; a no-Bluetooth version is also sold

    Source
  • Chestnut Robotics

    Outbound - Compute & Control - Chestnut Robotics Aero Hand Open uses an Espressif ESP32-S3 onboard microcontroller

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare RoArm-M1 incorporates a Espressif ESP32-WROOM-32 controller

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare UGV Beast Raspberry Pi AI Kit integrates an Espressif ESP32 motion controller on its driver board

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare UGV01 configurations with the General Driver board use Espressif ESP32 controller

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare WAVEGO Pro uses an Espressif ESP32-D0WDQ6-V3 controller

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare UGV Rover Jetson Orin AI Kit integrates an Espressif ESP32 motion controller on its driver board

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare UGV Rover Raspberry Pi AI Kit integrates an Espressif ESP32 motion controller on its driver board

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare UGV Beast Jetson Orin AI Kit integrates an Espressif ESP32 motion controller on its driver board

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare RaspRover integrates an Espressif ESP32 motion controller on its driver board

    Source
  • Yahboom

    Outbound - Connectivity - Yahboom MicroROS Self-balancing Robot uses Espressif ESP32 for wireless communication

    Source
  • Hiwonder

    Outbound - Compute & Control - Hiwonder miniAuto Pro uses Espressif ESP32 control, with ESP32-P4/C5 in its WonderLLM AI configuration

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare WAVE ROVER uses an Espressif ESP32 controller

    Source
  • RadioMaster

    Outbound - Compute & Control - RadioMaster specifies Espressif ESP32 controllers in current ELRS receivers and modules

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare WAVEGO uses a Espressif ESP32 controller on its driver board

    Source
  • Hiwonder

    Outbound - Compute & Control - Hiwonder NexArm ROS uses an Espressif ESP32 controller

    Source
  • Arduino

    Outbound - Compute & Control - Arduino Alvik uses an Espressif ESP32-S3 processor in its included Nano ESP32 controller

    Source
  • Hiwonder

    Outbound - Compute & Control - Hiwonder xArm AI uses Espressif ESP32 in its CoreX controller

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare HexArth incorporates a Espressif ESP32-WROOM-32 controller

    Source
  • Hiwonder

    Outbound - Compute & Control - Hiwonder LeArm AI uses an Espressif ESP32 controller

    Source
  • Yahboom

    Outbound - Sensing - Yahboom PALMSLAM integrates an Espressif ESP32 processor in its lidar expansion board

    Source
  • Hiwonder

    Outbound - Compute & Control - Hiwonder NexArm ROS Mobile Chassis Kit uses an Espressif ESP32 controller

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare RoArm-M2-GA incorporates a Espressif ESP32-WROOM-32 controller

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare RoArm-M3 uses a Espressif ESP32-WROOM-32 controller on its driver board

    Source
  • Hiwonder

    Outbound - Compute & Control - Hiwonder MechDog AI uses Espressif ESP32 control and an ESP32-S3 AI module

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare UGV02 incorporates a Espressif ESP32 controller

    Source
  • Waveshare

    Outbound - Compute & Control - Waveshare RoArm-M2-S incorporates a Espressif ESP32-WROOM-32 controller

    Source
  • Hiwonder

    Outbound - Compute & Control - Hiwonder NexArm ROS Sliding Rail VLA Kit uses an Espressif ESP32 controller

    Source
  • Flywoo

    Outbound - Communications - Flywoo specifies the Espressif ESP8285 MCU in its integrated ELRS receiver

    Source

Funding

Investors

  • Beijing Singularity Power Investment Fund - Participant - VC - 1 funding event - first seen 2018-05-09
  • Intel Capital - Participant - Corporate / CVC - 1 funding event - strategic/corporate - first seen 2018-05-09

Financials

  • 688018.SS - Shanghai Stock Exchange STAR Market - CNY

Team

  • Teo Swee Ann - Founder, Chairman and Chief Executive Officer - Founder, board chair and chief executive of Espressif.
  • Wang Jue - Board Secretary - Executive management and corporate-governance contact.
  • Shao Jingbo - Financial Director - Current executive responsible for the company’s finance function.

Timeline

Events

Relations

Relationships

  • M5Stack

    Majority Owner - Espressif acquired a majority stake in M5Stack, extending its ESP32-centered modular hardware and developer ecosystem.

Context

Comparable profiles

  • Skyworks

    comparable profile - Wireless Semiconductors

  • Peraso

    comparable profile - Wireless Semiconductors

  • Broadcom

    stack adjacency - Embedded Semiconductor Component Supplier

  • GigaDevice

    stack adjacency - Embedded Semiconductor Component Supplier

  • MICROIP

    stack adjacency - Embedded Semiconductor Component Supplier

  • Fortaegis

    stack adjacency - Embedded Semiconductor Component Supplier

  • HDSC

    stack adjacency - Embedded Semiconductor Component Supplier

Context tags

  • Embedded control semiconductor supplier - Peer Group - Verified against official company materials and existing source-backed supply evidence during full-profile enrichment.
  • Embedded semiconductor component supplier - Stack Layer - Verified against official company materials and existing source-backed supply evidence during full-profile enrichment.
  • Wireless Semiconductors - Peer Group - Verified against official company materials and existing source-backed supply evidence during full-profile enrichment.