It is understood that, due to rising raw material prices and labor costs, coupled with strong market demand, the semiconductor device industry this year, the economy continued.
As a middleware between the electronic machine industry and the upstream raw material industry, the semiconductor discrete device is one of the basic and core fields of the semiconductor industry.As the largest application field of discrete devices, the single-use cost of a new energy vehicle has reached 2567 yuan , Which is more than 5 times of that of traditional automobiles.At present, China is the largest market for new energy vehicles in the world with a total production and sales volume target exceeding 5 million by 2020. With the rapid development of automotive electronics and smart driving, the demand for semiconductors in the future Was explosive situation.
As a strategic emerging industry, the semiconductor industry is supported by the national strategy and the national integrated circuit industry investment fund was set up in September 2014. As of 2016, the fund made a total investment decision of 43 projects covering the design, manufacturing, packaging and testing, equipment, materials and other chips Industrial chain, the cumulative project commitment investment of 81.8 billion yuan, the actual capital of more than 56 billion yuan.In 2015 the "integrated circuit industry," Thirteen Five "development plan proposed that by 2020, the integrated circuit industry and the international advanced level Gradually narrow the gap between the industry sales revenue compound annual growth rate of 20% to 930 billion yuan.
China's semiconductor industry is entering a period of rapid development .In 2016, industrial sales reached 433.55 billion yuan, an increase of 20.1% .In the first quarter of 2017 sales of 220.13 billion yuan, an increase of 19%, much higher than the global growth of 1.1% .
Moreover, the semi-conductor industry has gradually entered the domestic alternative process and it is estimated that 26 of the semiconductor wafer fabs put into operation in 2017-2020 are located in China, accounting for 42% of the global new proportion.
Huatai Securities believes that the development of things, automotive electronics will bring huge emerging market demand.China is the world's largest downstream demand and processing market, relying on government policy support, China's semiconductor industry will usher in rapid development in the next 10 years, the semiconductor A section of the board will give birth to a technology leader.
Listed companies plus layout
Among the 57 companies that listed semiconductor products and equipment, there were 53 companies making profit in the first three quarters of 2017 and 30 companies making profits of more than 100 million yuan, of which, San'an Optoelectronics and Longji Co., Ltd. made profits of more than 1 billion yuan. Moreover, 57 companies Among the 29 companies, net profit in the first three quarters of 2017 increased by more than 40% over the same period of last year. Among them, 15 companies increased by over 100%.
With the wave of semiconductor localization, a number of listed companies ushered in the industrial layout.Jing Shing Electrical October 12 announcement that with the Central shares, Wuxi City Government signed a strategic cooperation agreement to jointly start the construction of integrated circuits in Yixing City With a large wafer production and manufacturing projects, the total investment of about 3 billion US dollars, an investment of about 1.5 billion US dollars.
Yang Jie Technology recently also announced that it intends to cash 60% stake in Chengdu Qingyang Chengdu Qingyang is a domestic semiconductor monocrystalline silicon processing enterprises, with an annual output of 12 million 8-inch Czochralski, zone melting, neutron transmutation doping Processing and other single-crystal silicon chips, grinding and chemical corrosion film production lines, including Zhuzhou customers in cars, GM and other domestic and foreign enterprises.
According to the analysis of Lianxun Securities, as the strength of China's semiconductor industry continues to increase, relying on the cooperation of the world's largest market and the upstream and downstream industry chains, domestic substitutes will start from the low end and gradually enter into the middle and high end. Emerging areas such as intelligence, 5G and the Internet of Things (IoT) have structural opportunities. The emerging industries will drive the demand for AI chips, FPGAs, GPUs, MCUs, power amplifiers, memories and CIS chips.