Mo Dakang: Developing Semiconductors | 'Joint Venture Mode' | Be careful

At present, China's semiconductor industry is embarking on a wave of joint ventures. Many foreign companies have launched joint venture projects such as Lianxin, Gexin, Jinghe, Haichen Semiconductor, etc., in order to squeeze into China's big market. Some places have similar joint venture models. Enthusiasm. But we should clearly realize that the joint venture is only one of the means to develop the semiconductor industry. It is neither the ultimate goal nor some shortcomings. In order to enable the project to be launched quickly in some places, the Chinese side provides plant construction and some funds. As well as preferential policies, the joint venture projects are led by the foreign management. This is not beneficial to the long-term development of China's semiconductors. In addition to such a joint venture, the project can be launched quickly and it is more 'convenient'. There are more useful things. At this stage, the joint venture will certainly have a favorable side to the development of the semiconductor industry in China. It can elevate the starting point, learn advanced experience, and allow the project to be launched quickly. However, the right direction for the joint venture model is necessary, and Take a coping strategy that focuses on me.

To sum up, the joint venture model at the present stage has the following problems in the development of the semiconductor industry in China: First, local governments are satisfied with the rapid implementation of the project, and are neglected to manage, and even do not seem to care much about the project's end result; Second, the joint venture project can provide China must be a mature technology (compared to China’s slightly advanced technology and charged a fee), which may delay the Chinese R&D process and paralysis. Third, truly advanced process technology can never be given to China; In order to land the project, local governments make too much benefit and let the foreign side benefit from it; Fifth, the competition between local projects and national projects involving manpower, capital, and markets will lead to fragmentation of power and even to the growth of the domestic semiconductor industry. Certain threats.

We must correctly view the complexity of the development of China's semiconductor industry. The joint venture model is a 'double-edged sword'. If we can adopt a strategy based on me, it will be beneficial to the industrial development in the near future and can quickly promote the progress of the industry. At the current stage, China's development process in new industries, it is still difficult to completely eliminate the 'surf-style' development model, and cohabitation is an inevitable result.

In the development of the semiconductor industry in China, there are usually 'troikas,' which include mergers, joint ventures and research and development. There must be a correct estimate of the status and role of the joint venture project, neither deny its active role in development at this stage, nor Think of it as a panacea.

As far as the author's understanding is concerned, the joint venture mode in semiconductors should be prudent as a whole. While promoting development, it is also necessary to improve discriminating ability. Selection and evaluation of joint venture projects cannot be refused. This principle is easy to understand, but it is implemented. It's not easy to get up.