Industrial pains gave birth to self-reliance passion
For the integrated circuit as the representative of the semiconductor industry, has been one of China's economic development of industrial pain point.On the one hand, because the integrated circuit industry, such as high-end chip products, not yet self-production, but these chip products and information security And even national defense security, so the process of China's industrial information, but also China's efforts to achieve the process of chip localization.
On the other hand it is because of the huge import costs.According to customs statistics, 2016 integrated circuit imports 342.55 billion, an increase of 9.1%; import amount of 227.7 billion US dollars, down 1.2% over the same period China's crude oil imports only 607.8 billion China's imports of semiconductor chips have reached twice the cost of crude oil.Thus, IC and other integrated circuit products consume a large number of foreign exchange reserves in China.
At the same time, due to chip and other integrated circuit products can not be self-produced, which China's industrial upgrading, especially in the manufacturing sector also produced a huge bottleneck pressure.According to Bain Consulting's data show that China's annual consumption of semiconductor value of more than 1 Billions of dollars, accounting for nearly 1/3 of the world's total shipments, but China's semiconductor production accounted for only 6% to 7% of the world, China's chip manufacturers to produce the number of semiconductors and China's own consumption of the number of semiconductor is still a huge gap The
However, through overseas mergers and acquisitions to enhance China's integrated circuit technology breakthrough path is more difficult, often blocked in February 2016, the United States Fairchild (Fairchild Semiconductor) rejected two Chinese buyers, China Resources Microelectronics and China Venture invested 2.6 billion US dollar acquisition offer, instead of choosing a lower bid than the Chinese companies in the United States ON Semiconductor, given the reason is worried that the US regulatory authorities will stop the transaction.In February of that year, Ziguang Group's purple shares announced that the decision to terminate To $ 3.775 billion acquisition of Western Digital Storage Company Western Digital data, but also because the US Overseas Investment Committee to intervene in the review.
According to this, China has increased the industrial support for the integrated circuit, self-reliance development of integrated circuit industry .2014 "National IC industry development promotion outline" officially released, one of the highlights is in the September 24, 2014 set up ' National Integrated Circuit Industry Investment Fund ', September 26, the National Integrated Circuit Industry Investment Fund Co., Ltd. was formally established and commissioned a professional management company - China core investment management limited liability company investment operation. Fund actually raised funds to 1387.2 100 million, after three years of operation, as of September 20, 2017, large fund cumulative investment in 55 projects, involving 40 integrated circuit enterprises, a total commitment to contribute 100.3 billion yuan.
The field of integrated circuits is becoming a cradle of high growth
Such as generous investment, set off a wave of large-scale investment in China's integrated circuit industry this year, have been SMIC, the Yangtze River Storage, Nanjing Ziguang and other large projects started construction at the same time, foreign companies are also actively invest in chip manufacturing Pound to China, from Samsung additional memory chip investment in Xi'an, South Korea SK Hynix Wuxi plant started to Grosfondel GF 12-inch fab 'grid core' officially knocked into Chengdu, across the memory chip to the wafer Foundry two areas, the geographical scope of all over Central China, East China, Huaxi area, showing rare over the years rare 'inside and outside' investment are hot boom.
According to this, the industry speculated that China's IC industry is expected to copy the field of industrial trends, large-scale investment in production lines, trial and error, improvement, and then break, so the achievements of BOE A (000725) in this year's brilliant performance. Field, there will be similar to the BOE A listed companies.
In fact, it is true that in the field of smart phone chip, Huawei mobile phone using a Cambrian company provided by the artificial intelligence chip technology, so that China in the field of chip design for the first time in front of the world in the semiconductor manufacturing field In October 2017, SMIC announced that Liang Mengsong as co-CEO, responsible for technology research and development departments, the company will be the end of this year, the company will be the first time, Officially built the most advanced wafer manufacturing plant in the field of memory, a total investment of 160 billion yuan in the national team - the Yangtze River storage project cap, is expected to be put into use in 2018.
Many of the information superposition, indicating that China's IC industry is accelerating the development of the past, China's chip manufacturing and other semiconductor industry is expected to become the world leader, which means that China's integrated circuit of the relevant listed companies will have a number of trillion market space The
In the operation, it is recommended that investors can track the entire semiconductor industry, of which there are national integrated circuit industry investment fund figure of the long power technology, resistance Granville Technology, Shanghai Xinyang, San An photoelectric, Keke micro, Rich micro-electricity, etc. At the same time, Yang Jie Technology, Purple country core and other stocks can also be tracked.