Ming Hsieh | $1B+
Get in touch with Ming Hsieh | Ming Hsieh, founder and executive chairman of Fulgent Genetics, built a leading precision diagnostics company by applying advanced automation, data systems, and scalable lab infrastructure to genetic testing. After decades as a successful entrepreneur in aerospace simulation software, Hsieh founded Fulgent in 2011 and guided it from a startup into a publicly traded genomics platform offering comprehensive clinical and diagnostic testing. During the COVID-19 pandemic, Fulgent rapidly scaled nationwide testing capacity, demonstrating its operational agility and cementing its position in molecular diagnostics. Known for his engineering rigor and long-term vision, Hsieh has also emerged as a major philanthropist supporting education, medical research, and STEM initiatives.
Ming Hsieh is a Chinese-American electrical engineer, entrepreneur, and philanthropist best known for founding Cogent Systems, a pioneering biometrics company that revolutionized automated fingerprint identification and was acquired by 3M in 2010 for $943 million, and for establishing Fulgent Therapeutics in 2011, which became Fulgent Genetics in 2016, a leading provider of genetic testing services where he serves as chairman and CEO.[1][2] Born and raised in northern China in a poor family during a tumultuous period that disrupted his early education, Hsieh worked on his family's farm while self-teaching electronics by building radios and televisions as a teenager; his father was an electrical engineer and his mother a teacher.[3][4]
Hsieh passed China's university entrance examinations in 1976 and briefly studied electrical engineering at the South China Institute of Technology (now South China University of Technology) in Guangzhou, but he immigrated to the United States in the early 1980s with support from his uncle, a USC alumnus, and his grandfather's inheritance.[5][3] He earned a Bachelor of Science in Electrical Engineering in 1983 and a Master of Science in the same field in 1984 from the University of Southern California (USC), followed by honorary doctoral degrees from USC in 2010 and West Virginia University in 2011.[1][6] Beginning his career as a research and development engineer at semiconductor manufacturer International Rectifier Corporation from 1985 to 1987, Hsieh co-founded AMAX Technology in 1987, serving as vice president until 1990, before launching Cogent Systems that year, where he led as CEO, president, and chairperson until its sale.[1][7] After the acquisition, he briefly headed 3M Cogent before founding Fulgent Therapeutics in 2011 and taking Fulgent Genetics public in 2016; he also holds board positions at Fortinet, Inc., and serves as a trustee at USC and Fudan University.[1][7] Hsieh was elected to the National Academy of Engineering in 2015 and the National Academy of Inventors in 2017 for his contributions to engineering and innovation.[1]
A prominent donor to higher education, Hsieh has given over $85 million to USC since 2006, including $35 million in 2006 to name the USC Ming Hsieh Department of Electrical and Computer Engineering—the largest such gift to an engineering department at the time—and $50 million in 2010 to create the USC Ming Hsieh Institute for Research on Engineering Medicine for Cancer, aimed at advancing bioengineering solutions for oncology.[6][2] He also donated $5.5 million in 2007 to West Virginia University to establish a forensic investigative sciences program, reflecting his commitment to fields intersecting technology and public service.[2][5]
Early life and education
Early years in China
Ming Hsieh was born in 1956 in Shenyang, an industrial city in northeastern China, into a family of intellectuals that had origins in Guangzhou and faced significant hardships during his early years.[8] His father, Baoyan Hsieh, was an electrical engineer and research scientist, while his mother, Sunny Hsieh, worked as a teacher.[8][9] However, their status as educated professionals marked them for persecution amid China's political upheavals, reducing their circumstances to modest means as they navigated survival in a turbulent era.[4]
Hsieh's childhood coincided with the Cultural Revolution (1966–1976), during which his family was displaced in 1966—at the age of 10—to a remote village near Panjin to labor on a rice farm, disrupting formal education for a decade.[9] In this isolated setting, lacking electricity and basic resources, Hsieh and his brother were homeschooled by candlelight using scavenged textbooks, with their parents emphasizing resilience and knowledge despite the risks.[9] It was here that Hsieh developed an early fascination with science and technology, assisting his father in repairing radios, constructing rudimentary power systems for the village, and exploring electrical circuitry—experiences that ignited his passion for engineering amid the era's anti-intellectual climate.[8][4]
Following the Cultural Revolution's end in 1976, Hsieh resumed his education, passing the reinstated university entrance exams and enrolling in 1978 at South China University of Technology in Guangzhou, where he studied electrical engineering, focusing on semiconductor physics, for two years.[8][4] Yet, post-revolutionary China presented ongoing challenges, including economic stagnation, limited access to advanced technology resources, and lingering political restrictions on intellectual pursuits, which constrained opportunities for ambitious young scientists like Hsieh.[9] These factors, combined with inspiration from his uncle—a USC alumnus who visited in 1980—prompted Hsieh's decision to seek greater prospects abroad, leading him to transfer to the United States that year.[9]
Immigration to the United States
In the late 1970s, as China began to emerge from the turmoil of the Cultural Revolution, Ming Hsieh faced limited educational and professional opportunities in his home country, prompting him to seek advanced studies abroad amid the nation's economic constraints and political transitions.[4] Encouraged by his uncle, P.Y. Hsieh—a University of Southern California (USC) alumnus who had earned an M.S. in mechanical engineering there in 1952 and worked as an engineer at TRW—young Ming transferred from South China University of Technology, where he had studied electrical engineering, focusing on semiconductor physics, for two years.[9][3] During a family visit to China in 1980, P.Y. Hsieh inspired his nephew with stories of opportunities in the United States, leading Ming to apply for a student visa and emigrate that same year at age 24.[9][10]
Hsieh arrived in Los Angeles, California, in 1980 to enroll at USC as a junior, supported financially by a small inheritance from his grandfather in Taiwan, which helped cover tuition and living expenses during his transition.[9][3] He chose USC specifically because the institution did not require the TOEFL English proficiency exam, which was unavailable in his region of China at the time, easing his entry despite his limited prior exposure to Western academic standards.[9] Upon arrival, Hsieh encountered significant language barriers, struggling with English proficiency that hindered his initial interactions and comprehension in classes.[4]
To adapt to American culture and the university environment, Hsieh actively befriended fellow undergraduates, who assisted him in navigating social norms, campus life, and the more interactive style of U.S. education, which contrasted sharply with the rote learning he experienced in China.[9] These early relationships, combined with guidance from supportive professors, helped him overcome cultural isolation and build a foundation for his studies, marking the beginning of his integration into American society before pursuing his degrees at USC.[4]
Academic career at USC
Ming Hsieh enrolled at the University of Southern California (USC) in 1980 after two years of study in electrical engineering, focusing on semiconductor physics, at South China University of Technology.[11] He pursued a degree in electrical engineering at USC's Viterbi School of Engineering, earning a Bachelor of Science in 1983 and a Master of Science in 1984.[12] His coursework emphasized core principles of electrical engineering, including circuit design, electromagnetics, and device physics, building on his prior exposure to semiconductors.[11]
During his graduate studies, Hsieh focused his research on electrophysics and semiconductor devices within the Electrical Engineering Department's Electrophysics group.[13] He conducted hands-on work in the laboratory of Professor Kurt Lehovec, a pioneering figure in integrated circuits known for developing p-n junction isolation techniques.[4] Under Lehovec's mentorship, Hsieh integrated theoretical electrophysics with practical semiconductor fabrication techniques, gaining expertise in device modeling and materials science that honed his problem-solving skills in emerging technologies.[11]
This rigorous academic training at USC provided Hsieh with a strong technical foundation in electrical engineering and semiconductors, equipping him with the innovative mindset and engineering acumen essential for his subsequent entrepreneurial endeavors in high-tech industries.[3]
Career
Early ventures and AMAX Technology
After completing his master's degree in electrical engineering at the University of Southern California, Ming Hsieh co-founded AMAX Technology in 1987 with several fellow USC alumni.[12] The venture emerged from Hsieh's early experience as a design engineer in the semiconductor industry, where he had honed skills in digital circuit design since 1985.[4] Initially operating as an engineering consulting firm, AMAX focused on the rapidly expanding personal computer sector, providing specialized services in hardware design and manufacturing amid the 1980s technology boom.[4][12]
Headquartered in Fremont, California—a hub near Silicon Valley—AMAX specialized in high-performance computing solutions, including servers and storage systems, to meet the surging demand for reliable IT infrastructure.[10] Under Hsieh's leadership as vice president, the company contributed to the distribution and customization of PC components, leveraging innovative engineering approaches to differentiate in a competitive market dominated by established players like IBM and emerging startups.[14][12] This period marked AMAX's growth through strategic partnerships and adaptation to evolving hardware standards, such as enhanced storage capacities and faster processing units essential for early networked computing.[10]
Hsieh's tenure at AMAX, spanning 1987 to 1990, involved overcoming initial funding constraints typical of bootstrapped tech startups in the era, while competing against well-resourced firms in the Bay Area's intense innovation ecosystem.[14] By the late 1980s, the company had expanded its workforce and market presence, establishing a foundation in custom IT solutions that foreshadowed broader industry shifts toward scalable server technologies.[4] These early efforts solidified Hsieh's reputation in hardware entrepreneurship before he transitioned to subsequent ventures.[14]
Founding and growth of Cogent Systems
In 1990, Ming Hsieh co-founded Cogent Systems Inc. in Pasadena, California, alongside a fellow University of Southern California alumnus, focusing on advanced fingerprint identification technology for security applications.[4][15] Hsieh served as the company's president, chief executive officer, and chairman from its inception, leveraging his prior experience in electronics hardware from AMAX Technology to build a firm specializing in biometric solutions.[16][17] The company initially targeted government and law enforcement sectors, developing hardware and software to automate the capture, storage, and analysis of fingerprints, which addressed growing demands for efficient identification in criminal justice and border security.[18]
Cogent Systems pioneered enhancements in automated fingerprint identification systems (AFIS), enabling rapid electronic encoding and matching of fingerprint and palm print images to support investigative workflows.[18] These systems integrated customized features such as faster search algorithms and latent print analysis, improving accuracy for law enforcement agencies handling large databases of criminal records.[19] By the mid-2000s, Cogent had established itself as a key provider of AFIS solutions, with technologies deployed to convert legacy paper records into digital formats and facilitate real-time biometric verification.[20]
The company's growth accelerated through major contracts with U.S. government agencies and state-level law enforcement, including installations for Puerto Rico's police department featuring advanced response times and accuracy for criminal investigations.[19] Additional U.S. deals encompassed AFIS deployments for the Maryland Department of Public Safety and Correctional Services, Fresno County Sheriff's Office, and various federal bids, contributing to revenues predominantly derived from government sources.[21][22] Internationally, Cogent expanded by securing contracts such as a system upgrade for the Hong Kong Police Force's Computer Assisted Palmprint and Fingerprint Identification System (CAPFIS), which digitized existing records and enhanced investigative capabilities.[23] Further growth came from an $11 million award from Spain's Ministry of Interior to replace national police AFIS infrastructure, alongside other global government partnerships that positioned Cogent in the expanding $4 billion biometrics market.[24][18]
In 2010, Cogent Systems achieved a significant milestone when it was acquired by 3M Company for $943 million, or $10.50 per share, integrating its biometric technologies into 3M's broader security and identification portfolio.[25][26] Following the acquisition, Hsieh briefly headed 3M Cogent.[14] This transaction marked Hsieh's successful exit from the biometrics sector, yielding substantial returns and underscoring Cogent's role as a leader in government-grade identification systems during its two decades of operation.[16]
Establishment of Fulgent Genetics
In 2011, Ming Hsieh founded Fulgent Therapeutics LLC, a molecular diagnostics company specializing in genetic testing, which served as the predecessor to Fulgent Genetics, Inc.[14] The company was established in June of that year with Hsieh serving as its initial manager, leveraging his background in technology and diagnostics to address needs in affordable genomic analysis.[27] Incorporated as Fulgent Genetics in May 2016, the firm focused on developing comprehensive genetic testing solutions to support clinical decision-making in healthcare.[14]
Fulgent Genetics utilized next-generation sequencing (NGS) technologies to enable precise testing for hereditary cancers and other genetic conditions. Its hereditary cancer panels, for instance, target over 50 genes associated with high- and moderate-risk cancer syndromes, providing actionable insights for patient management through methods like NGS combined with confirmatory techniques such as Sanger sequencing and MLPA.[28] The company's comprehensive cancer panels further expanded this capability by examining a broad array of genes linked to hereditary cancers and syndromes, emphasizing rapid turnaround times of 2-3 weeks to facilitate timely clinical interventions.[29] These advancements positioned Fulgent as a leader in accessible genomic testing for oncology and inherited disorders.[30]
Fulgent Genetics went public in September 2016 through an initial public offering on the NASDAQ exchange under the ticker FLGT, raising approximately $60 million to fuel expansion.[31] The company experienced substantial growth thereafter, particularly during the COVID-19 pandemic, when it developed and scaled NGS-based diagnostic tests for the virus, contributing to a revenue surge to $301.4 million in 2020—a 1,200% increase from the prior year driven by high demand for testing services.[32] This period highlighted Fulgent's adaptability in molecular diagnostics while reinforcing its core genomic offerings.[33]
As of 2025, Ming Hsieh continues to serve as Chairman of the Board and Chief Executive Officer of Fulgent Genetics, guiding the company toward advancements in precision medicine.[14] Under his leadership, Fulgent has integrated diagnostics with therapeutic development to enhance personalized treatment options, particularly in oncology, establishing it as a fully integrated precision medicine enterprise.[34]
Later roles and professional recognitions
Following the establishment of Fulgent Genetics, Hsieh continued to serve as its chairman and chief executive officer, maintaining active leadership in the company's strategic direction.[14]
In 2015, Hsieh was elected to the National Academy of Engineering for his "development and commercialization of fingerprint identification technologies."[35] This recognition highlighted his foundational contributions to biometrics through innovations at Cogent Systems, which advanced automated fingerprint identification systems used globally by law enforcement and government agencies.[36]
Hsieh has held several prominent board appointments, including joining the University of Southern California Board of Trustees in 2007, where he continues to serve as a trustee.[37][38] He has served on the board of directors of Fortinet, Inc. since 2010.[14] In 2019, he joined the board of the Richard Nixon Foundation, contributing to its governance as chairman, president, and chief executive officer of Fulgent Genetics.[39]
Since 2008, Hsieh has been a member of the Committee of 100, a nonpartisan leadership organization of prominent Chinese Americans focused on U.S.-China relations, where he serves as the Los Angeles regional chair.[40][41]
Hsieh's ongoing involvement in Fulgent is reflected in his management of company stock; for instance, in 2024, he executed multiple transactions, including the sale of 2,227 shares on November 25 at $18.26 per share and a transfer of 7,895,115 shares to The Ming Hsieh Trust on November 1.[42][43]
In recent years, Hsieh has remained engaged with USC's Viterbi School of Engineering through public speaking events. On October 23, 2024, he delivered the Ming Hsieh Institute Electrical and Computer Engineering Pioneer Series Talk, titled "From Rural Northeastern China to the American National Academy of Engineering: The Transformative Journey of a Chinese Immigrant," sharing insights on his career and the role of education in innovation.[4] On October 31, 2025, he gave a speech at the awards ceremony of the 15th Annual Ming Hsieh Institute Electrical and Computer Engineering Research Festival, emphasizing the importance of research collaboration between industry and academia.[44]
Philanthropy
Major gifts to USC
Ming Hsieh's philanthropy toward the University of Southern California (USC) has centered on advancing engineering and medical research, with his largest commitments supporting key departments and institutes. In 2006, he donated $35 million to the USC Viterbi School of Engineering, the largest gift at the time for naming an academic department at the university. This endowment established the USC Ming Hsieh Department of Electrical and Computer Engineering and funded the creation of the Ming Hsieh Institute within the department to foster interdisciplinary research in areas such as signal processing, biomedical engineering, and nanotechnology. The gift elevated the department's profile, enabling faculty recruitment and innovative programs that integrate engineering with health sciences.[9][4][45]
Building on this support, Hsieh made another transformative gift in 2010, contributing $50 million to the USC Norris Comprehensive Cancer Center. This donation established the Ming Hsieh Institute for Research on Engineering Medicine for Cancer, aimed at bridging engineering, biology, and clinical medicine to develop advanced cancer therapies, including nanoscale drug delivery systems and improved imaging technologies. The institute, housed across the Viterbi and Keck Schools of Medicine, has facilitated collaborative research projects and educational initiatives like the High Throughput Engineering for Cancer program, translating engineering innovations into clinical applications. By 2010, Hsieh's cumulative contributions to USC totaled $85 million, underscoring his commitment to interdisciplinary health advancements.[46][6][47]
Hsieh's ongoing involvement with USC has sustained the impact of these gifts through active participation in department and institute activities. The Ming Hsieh Institute in the Electrical and Computer Engineering Department hosts the annual ECE MHI Research Festival, a key event showcasing Ph.D. student research and fostering industry-academia partnerships; the 14th festival occurred on December 16, 2024, while the 15th took place on October 31, 2025, where Hsieh delivered a speech during the awards ceremony. These events highlight the enduring legacy of his endowments in promoting cutting-edge engineering research at USC.[48][44][49]
Contributions to other educational and medical institutions
In 2007, Ming Hsieh and his company, Cogent Systems, donated $5.5 million to West Virginia University's forensic sciences program, including cash and in-kind contributions of biometric identification systems that aligned with his expertise in automated fingerprint technology.[5] This gift supported the construction of Ming Hsieh Hall on the university's downtown campus and established two endowed faculty positions in forensic and investigative science.[5] The donation enhanced the program's facilities and research capabilities, positioning WVU as a leader in forensic education.[2]
In 2015, Hsieh and his wife, Eva, contributed $1 million through the Hsieh Family Foundation to the Children's Orthopaedic Center at Children's Hospital Los Angeles, bolstering pediatric orthopedic care for children with complex musculoskeletal conditions. The funding advanced clinical services and treatments for underserved young patients, reflecting Hsieh's commitment to improving healthcare access in the community.[50]
Beyond these targeted gifts, Hsieh has supported a range of educational and medical initiatives through the Hsieh Family Foundation, including contributions to schools and programs aimed at technology education in underserved communities.[51] These efforts emphasize broadening access to STEM resources for disadvantaged groups, drawing on his background in engineering and innovation.[52]
By 2017, Hsieh's overall philanthropic contributions since 2006 had exceeded $100 million, encompassing donations to universities, schools, museums, and hospitals outside his primary affiliations.[51] This total continued to grow through subsequent years, underscoring the scale of his impact on education and healthcare by 2025.[52]
Impact on named programs and facilities
Ming Hsieh's philanthropy has significantly shaped institutional landscapes through the establishment and enhancement of specialized departments and facilities. At the University of Southern California (USC) Viterbi School of Engineering, his naming gift facilitated the creation of the Ming Hsieh Department of Electrical and Computer Engineering, which has driven faculty expansion and research innovation. In 2025, the department welcomed three new faculty members, including Paria Rashidinejad from UC Berkeley, who focuses on the mathematical foundations of AI and reinforcement learning, bolstering the program's capacity in advanced computing.[53] These hires, part of a broader recruitment effort, have elevated the department's role in pioneering energy-efficient AI and neuromorphic computing, attracting top talent to address engineering challenges.[54]
In cancer research, Hsieh's endowment of the Ming Hsieh Institute for Research on Engineering-Medicine for Cancer at USC Norris Comprehensive Cancer Center has accelerated translational advancements toward clinical applications. The institute's funding supported a pilot feasibility study on the immunomodulatory effects of FID-007 in solid tumor patients, which informed dosing for combination therapies with PD-1 inhibitors, paving the way for early-phase clinical trials.[55] Similarly, it has supported the planning of an investigator-initiated trial combining sEphB4-HSA with nivolumab as neoadjuvant therapy for high-risk resectable melanoma, with planned enrollment of 30 patients to evaluate pathologic responses and integrating engineering with oncology to improve treatment outcomes.[55] These initiatives have positioned USC as a leader in nanomedicine and targeted immunotherapies, fostering multidisciplinary teams that translate lab discoveries into patient care.[56]
At West Virginia University (WVU), Hsieh's contributions have transformed forensic science infrastructure, notably through the development of the Department of Forensic and Investigative Science. The Ming Hsieh Faculty Development Fund has enabled the appointment of two distinguished professors with extensive forensic lab experience, enhancing curriculum and hands-on training for law enforcement professionals.[57] Key facilities include the largest U.S. crime scene house complex—comprising four crime scene houses and a forensic garage—along with over 10,000 square feet of modern labs for latent fingerprint processing, advanced photography, and ballistics analysis.[57] These resources have improved simulation-based education, preparing students for real-world investigative roles and strengthening ties between academia and law enforcement agencies.[58]
By 2025, Hsieh's legacy extends to broader societal impacts in AI and engineering education, particularly through expansions at USC Viterbi. The Ming Hsieh Department has integrated into the School of Advanced Computing, supporting the launch of the West Coast's first undergraduate B.S. in Artificial Intelligence and a new master's program in aerospace and mechanical engineering emphasizing AI and machine learning.[54] This curriculum overhaul ensures all engineering courses incorporate AI fundamentals, equipping students to tackle global challenges like sustainable computing and secure machine learning.[54] Collaborations, such as the USC-Amazon Center for Secure and Trusted Machine Learning, further amplify these efforts, promoting ethical AI deployment across industries.[59]
Personal life
Family and marriages
Ming Hsieh has been married to Eva Hsieh since the 1990s, and the couple has two children together.[60]
The Hsieh family has supported Ming Hsieh's business and philanthropic efforts, with Eva Hsieh frequently partnering in major donations, such as endowing the Eva and Ming Hsieh Family Director's Chair at City of Hope for precision medicine research. Family members, including Eva and their two children, have attended key events honoring his contributions to institutions like the University of Southern California.[61][60]
Hsieh and his family maintain privacy concerning the professions and public lives of family members.
Residences and civic involvement
Ming Hsieh has maintained his primary residence in Pasadena, California, since the 1980s, following his graduation from the University of Southern California and the founding of his early companies in the region. He shares a home in the affluent San Rafael Hills neighborhood with his wife, Eva Hsieh.[62][63]
Among his luxury assets, Hsieh owns the superyacht Ocean Dreamwalker III, a 47-meter vessel built by the Italian shipyard Sanlorenzo in 2018 and valued at approximately $20 million. Featuring a steel hull, aluminum superstructure, and amenities including a helicopter landing pad, the yacht underscores his affinity for high-end maritime pursuits (as of 2025; the vessel was listed for sale earlier in the year).[64][65]
Hsieh has engaged in civic roles within Chinese-American organizations, serving on the board of directors of the National Committee on United States-China Relations, a private nonprofit focused on promoting constructive engagement between the two nations. He is also a member of the Committee of 100, a nonpartisan group of influential Chinese Americans dedicated to fostering U.S.-China relations through leadership in business, government, and academia. Additionally, he joined the board of the Richard Nixon Foundation in 2019, supporting initiatives related to presidential history and public policy.[66][41][39]
His ownership of the Ocean Dreamwalker III highlights a focus on global travel and leisure.[64]
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