Microblog News, March 22, 2018, SMIC (Ningbo) Co., Ltd. ("SMIC Ningbo"), SMIC and National IC Fund entered into an equity transfer agreement. SMIC has agreed to sell equity After completion of equity transfer to the National IC Fund, the shareholding of SMIC in SMIC Ningbo will be reduced from approximately 66.76% to 38.59%. SMIC Ningbo will no longer be a subsidiary of SMIC and its financial results will no longer be SMIC's results are consolidated. It is expected that SMIC will not generate profits or losses as a result of the equity transfer.
SMIC Ningbo is a joint venture between SMIC and Ningbo Shengxin, Beijing IC Sub-Fund and SMIC Wafer in November 2016.
On March 23, SMIC Ningbo, SMIC, National IC Fund, Ningbo Shengxin, Beijing IC Design Sub-fund, Ningbo IC Fund, and Infinity Tek Fund entered into a capital increase agreement and agreed to pass the second The revised joint-venture contract was revised to revise the first revised joint-venture contract. Responsibility for capital injection by all parties will result in an increase in registered capital from RMB 355 million to RMB 1.82 billion. The specific share capital is as follows:
(i) SMIC has agreed to further fund the registered capital of the JV with cash of RMB 565 million and its equity in the JV will be reduced from approximately 38.59% to approximately 38.57%; (ii) The National IC Fund has agreed to further Cash of RMB 500 million will be injected into the registered capital of the joint venture company, and its equity in the joint venture company will increase from approximately 28.17% to approximately 32.97%; (iii) Ningbo Shengxin has agreed to further inject RMB 200 million in cash in the registered capital of the joint venture company , and its equity in the joint venture company will be reduced from approximately 24.79% to approximately 15.82%; (iv) The Beijing IC Design Sub-Fund will not make further cash injections, and its equity in the joint venture will be reduced from approximately 8.45% to approximately 1.65. (v) Ningbo IC Fund has agreed to inject RMB 100 million in cash in the registered capital of the joint venture company, which accounts for approximately 5.50% of the enlarged registered capital of the joint venture company; and (vi) Infinital Tektronix Fund has agreed to cash in RMB 1 The registered capital of the joint venture company invested by one hundred million yuan, accounting for approximately 5.50% of the enlarged registered capital of the joint venture company.
SMIC Ningbo specializes in high-voltage simulation, RF front-end, and new silicon semiconductor process integration technologies for optoelectronics and magnetic materials. Its products, together with the company's advanced logic technology products, can realize the overall solution of related systems, and strongly support the current rapid development. 4G/5G mobile communications and handheld devices, smart appliances, industrial intelligent control and robotics, new energy vehicles and other markets, complete the integration of upstream and downstream resources of the relevant semiconductor industry chain.
As a strong extension of the original product areas, SMIC Ningbo is an important strategic layout for SMIC to achieve its grand strategic goals, which has an important impact on its future development.
2. A milestone in innovation! Xiamen Lianxin 28-nanometer HKMG trial production yield of 98%;
After the successful mass production of 28-nm Poly/SiON process technology, Microelectronics Manufacturing Corporation (Xiamen) Co., Ltd. has once again achieved a new milestone in technological development. It is reported that Xiamen Lianxin successfully tested in February this year. Produce customer products using the 28-nm High-K/Metal Gate process, with a yield of up to 98%.
Currently, Lianxin can provide both Poly/SiON and High-K/Metal Gate technology.
According to reports, Lianxin's 28nm High-K/Metal Gate process adopts the world's most advanced Gate Last process technology, which can significantly reduce the gate leakage current, improve the transistor performance, and can be applied to more diverse applications. Electronic products.
In response to this technological breakthrough, Xu Zhiqing, CEO and Vice Chairman of Lianxin, said that he was very happy and he hoped to further strengthen cooperation with customers in the future and actively promote product volume production.
The Lianxin IC manufacturing project is located in Xiang’an District, Xiamen City, Fujian Province. The project covers an area of approximately 255,000 square meters and a total construction area of approximately 368,000 square meters. The project investment is approximately US$6.2 billion and is implemented in two phases. In the first phase, all plant and building facilities were built, and the equipment capacity of 25,000 pieces/month was installed; In the second stage, equipment was installed on the basis of the first stage to form a production capacity of 25,000 pieces/month. After the projects were all completed A 12-inch, 55-28nm wide integrated circuit chip with a total production capacity of 50,000 pieces/month.
It can be said that the Lianxin IC manufacturing project is the first 12-inch wafer fab joint venture between the two sides of the Taiwan Strait. It is also the largest single-item investment project in Fujian Province. Lianxin officially commenced operations in November 2016. Full speed to full capacity.
3. One-stage investment of RMB 12 billion The project of controllable industrialization of Zhongke Shuguang falls to Kunshan;
On March 25th, the Chinese Academy of Sciences and the Jiangsu Province jointly supported the investment and construction of the "Chinese Academy of Sciences Security and Controllable Information Technology Industrialization Base" (abbreviated as "Zhongke Controlled Industrialization Base") officially launched in Kunshan, Jiangsu Province.
Launching Ceremony for Construction of Controlled Industrialization Base in China Branch
The launching ceremony marked the entry into the formal implementation stage of a major project of the National Information Technology Industry that focuses on safety and control.
The safe and controllable information industry is a key technology area related to China's national security strategy and industrial health development. The Chinese Academy of Sciences attaches great importance to the cooperation between the two sides.
In his speech, Zhang Yaping stated that he believes Kunshan will take a solid step in the development of China's and even the world’s electronic information industry base, which has a significant influence, with the commencement of a controlled industrialization base project. Give full play to their respective advantages and jointly promote the high-quality development of the national economy through technological innovation.
Zhou Naixiang, member of the Standing Committee of the Jiangsu Provincial Party Committee and Secretary of the Suzhou Municipal Party Committee, called the Zhongke Controlled Industrialization Base a 'world-level project' in his speech and will play a 'very important supporting role' for China's computer industry and its applications.
He explained that the controlled industrialized base of China Science and Technology Corporation, with a total investment of more than US$10 billion, is one of the largest single-investor investment projects in Suzhou in recent years.
It is believed that the smooth implementation of these major projects will boost the potential of Suzhou's industrial restructuring and upgrading, accumulate stamina, and inject strong momentum into the economic and social development.
The reporter learned that the main body of the safe and controllable information technology industrialization base of the Chinese Academy of Sciences is located in the Nanxun Lake Science and Technology Park of Kunshan National High-tech Industrial Development Zone, and the implementation of the base project 'Zhongke Controlled Information Industry Co., Ltd.' (by the Chinese Academy of Sciences Holdings Co., Ltd. , China Branch Shuguang, Kunshan High-tech Group Co., Ltd., and other units jointly invested), a total investment of 12 billion yuan in the first phase, plans to invest 1 billion yuan in 2018, the construction content includes: The National Advanced Computing Industry Innovation Center, the national integrated circuit major project - Security controlled chip R & D and industrialization, with an annual output of 1 million sets of safe and controllable high-performance computer server production base.
In recent years, although some 'bottleneck' restrictions in manufacturing areas in China are being eased, high-end chips are still imported in large quantities every year.
According to the statistics of China Semiconductor Industry Association, the value of imported ICs in 2017 was 260.1 billion U.S. dollars, and the resulting trade deficit reached 193.2 billion U.S. dollars, setting a record high.
In the future, Zhongke Controlled Industrialization Base will exert its efforts on the design and production of core electronic devices, and it is expected to break through the problem of China's long-term dependence on imported 'card necks'.
In the same period of the launching ceremony, China Branch Controlled the signing of a memorandum of cooperation with industry upstream and downstream companies Huanxu Electronics and Qinkun Technology to integrate industrial chain resources and jointly promote the construction of industrialized base projects.
4. Chengdu issued "Ten ICs", which provides subsidies for important links in the industrial chain;
A few days ago, the General Office of the People's Government of Chengdu issued and issued the "Farther Policy Measures to Further Support the Accelerated Development of Integrated Circuit Industry Projects", referred to as the "Ten ICs", and proposed IC design companies, manufacturing companies, packaging and test companies, equipment and materials companies, and supporting service companies. Enterprises (units) such as universities, universities and scientific research institutions are given appropriate subsidies in integrated circuit tapeout, packaging and testing, IP nuclear procurement and other important links. Target companies include registered companies in Chengdu, with independent legal personality and business, taxation and statistical relations in Chengdu City's IC design companies, manufacturing companies, packaging and testing companies, equipment and materials companies, supporting service companies and universities, research institutes applied for IC industry projects.
The details are as follows:
(1) For enterprises that have completed the process of filming of Full Mask engineering products for the first time, subsidies of up to 10% on tape-out costs and a total annual amount of up to 5 million yuan will be granted.
(2) For enterprises that conduct compounded semi-conductor full-mask first-round verification tapeouts, subsidies for up to 50% of the tape-out cost and a total annual amount of not more than 5 million yuan are given.
(3) For companies (units) that use multi-project wafer (MPW) tapes for R&D, MPW direct expenses will be paid up to 40%, and annual total subsidies will not exceed 1 million.
(4) For enterprises that purchase local companies' independent research, development, design, and production chips, the maximum amount of purchases shall be 10%, and the annual total amount shall not exceed 2 million yuan.
(5) For IC companies that purchase IPs (including Foundry IP modules) from IP providers, they will be given a purchase amount of up to 10% and a total annual subsidy of no more than 2 million yuan; for the provision of IP multiplexing for IC companies, sharing design A third-party IC design platform for tool software or test and analysis systems that gives a purchase price of up to 20% and a total annual subsidy of up to 1 million yuan.
(6) For IC design companies (excluding IDM companies) that are packaged and tested locally, they are given a maximum of 5% of the cost of the packaged test and a total annual subsidy of no more than 2 million yuan.
(7) Encouraging the investment in the six top 500 integrated circuit companies in the top 10 of the global industry to invest in the city. For major industrial projects with investment of RMB 5 billion or over, which are suitable for the development of the city, the investment amount will reach 500 million yuan. The above R&D design projects provide policy subsidy in accordance with 'one enterprise and one policy'.
(VIII) Encouraging integrated vertical backbone enterprises of the city to carry out vertical integration of industrial chains, supporting them to carry out domestic and overseas non-associated mergers and acquisitions and restructuring, and supporting enterprises that entered the world’s top 500 or global top 10 for the first time after mergers and acquisitions and restructuring, and enjoy relevant incentives. Policies; SMEs supporting new construction for large enterprises, expanding industrial chain projects, and supporting them according to the funding standards for SMEs in developing technological transformation projects.
(9) Strengthen support for talents in various types of IC industry, hierarchical classification will be supported in settlement, medical security, children's education, subsidies and incentives, entrepreneurial support, etc. Establish a flexible talent introduction mechanism and international standard talent cultivation mechanism , Intensify the introduction of integrated high-level innovation and entrepreneurial talents (teams) and cultivation of local talents. Incentives for IC professionals in the 'Rong drift plan' experts, introduction and cultivation of local experts, attract IC leaders , Operational management talents, scientific and technological innovation talents are innovating and innovating in Chengdu; strengthening the protection of talented people services, integrating the high-level R&D, marketing and management talents of the integrated circuit industry that meet the conditions into the “Rongcheng Talent Green Card” service system, and increasing the number of young IC talents The talented apartment, public rental housing, to create a good environment for innovation and entrepreneurship.
(X) Newly-increased industrial land will give priority to ensuring production land for major integrated circuit projects, implement land-use targets, and implement land price concessions in accordance with relevant policies; effectively protect the demand for electricity, water, and gas production elements in the integrated circuit industry, and increase electricity, water and gas production. Supply service quality, Including eligible enterprises into direct provincial power purchasing transactions, Chengdu Energy Comprehensive Service Company is encouraged to coordinate the preferential price power supply for key enterprises.
Supplementary Notes: · Duplicated or similar content of this policy and other preferential policies, the same enterprise, and the same item shall not be duplicated on the basis of the high principle. The same enterprise may enjoy only one of the financial support clauses in this policy in the same year. Does not include 'one enterprise and one policy'.. ·The funds needed for this policy support content shall be co-ordinated from the special funds for industrial development. ·All district (city) county industrial and informatization authorities and financial departments shall strictly implement the municipal government's Issued a notice on "Provisional Measures for the Administration of City-level Finance Special Funds in Chengdu City" (Chengfufa '2014'7) to strengthen fund supervision, regulate the use of funds, and improve the efficiency of fund use. - This policy measure will be implemented as of the date of issuance. , Valid for 3 years.
5. China plans to deploy 30 million self-driving cars within 10 years using its own chips;
Cars using the horizon robot company chip
Tencent Technology According to foreign media reports, China hopes to deploy 30 million self-driving cars in a decade, which has spawned an emerging chip industry in China, and Horizon Robotics and others are committed to creating 'brains' for these cars. s company.
Nowadays, the era of automatic driving has become a general trend, but at the same time, international trade disputes have also brought uncertainty. The Beijing-based Horizon Company hopes to target international competitors such as Nvidia and Mobileye to supply chips for China’s self-driving cars. According to Gartner's data, by 2021, the annual revenue of the global auto-pilot automotive chip industry will more than double to $5 billion.
China hopes to reduce its focus on smartphones and TVs and focus on research and development of precision semiconductors and artificial intelligence technologies to move upstream in the global manufacturing value chain. Currently, China imports 1.75 trillion yuan worth of chips each year, even more than oil imports. Even higher.
'China must spare no effort to acquire and develop its own chip technology to enhance its own sense of security, especially when the U.S. government makes us worry about any trade protectionism against China.' Wei Shaojun, Director of the Institute of Microelectronics at Tsinghua University, Shanghai's forum activities said.
Efforts to achieve self-sufficiency in the chip field are the priority tasks of the new Chinese government. According to Bloomberg reports, the Chinese government has established a RMB 2,000 fund to invest in local chip manufacturers.
As the world's largest automotive and electric vehicle market, Chinese regulators hope that the self-driving cars they deploy can use self-developed chips. The government expects that by 2020, the output value of parts and components for vehicles, chips and sensors in China will exceed 100 billion yuan. yuan.
"(For the autopilot industry), everyone is on the same starting line, so this creates an opportunity for China," said Ding Wenwu, president of China National Integrated Circuit Industry Investment Fund.
Horizon Robotics was founded by Yu Kai, a former Baidu artificial intelligence business leader. The company's investors include Intel Capital, Shanghai Harvest Fund Management Co., Ltd., Russian billionaire Yuri Milner, and China Jianyin Investment Co., Ltd. the company.
In December last year, Horizon Robots completed a round of $100 million in financing.
Horizon's 'Journey' 1.0 board size is smaller than a stamp. At the Consumer Electronics Show in Las Vegas in January this year, the processor was demonstrated in GM's Yukon XL model. It is reported that the processor can detect up to 200 targets (including pedestrians, vehicles and lane markings) in real time, helping the driverless vehicle to avoid collisions.
'The Chinese company has grown from manufacturing in China to creating in China,' said Yu Kai, 42 years old. 'We are now moving into Chinese inventions (invented-in-China).'
Right now, Horizon is working with Volkswagen's Audi, Chongqing Changan Automobile, and auto parts maker Bosch to enter the future. In 2016, a Changan self-driving car has successfully completed a 1200-mile road test.
In the automotive industry, in order to reduce fuel consumption, the number of LED lights in automotive brake lights will be subject to rigorous scrutiny. How to process data from laser, radar, and camera sensors without the need for large amounts of power is for chip manufacturers. Brought great challenges.
Yu Kai said: 'It's like we are looking for a horse. It can run fast and long, but it eats very little. If an embedded car chip consumes too much electricity, it will cause the car to rapidly degrade. Difficult to run away. '
Audi Beijing spokesperson Johanna Barth said that Audi has selected Horizons as a partner for the Chinese project and the company will evaluate the results before taking the next steps.
She said Audi still uses chips from Nvidia and Mobileye among cars sold outside China.
Intense competition
NVIDIA is headquartered in Santa Clara, California. Thanks to increased demand in the autopilot industry, the company’s revenue has grown by more than 20% in seven quarters. It also partnered with Baidu to develop a self-driving car platform and plans to Install the system in the car.
"We are working with Chinese automakers, ecosystems, and global automakers selling cars in China," said Danny Shapiro, senior director of Intelli's automotive chip business.
These companies include Beijing self-driving truck startup Tucson Tucson, which plans to start commercial truck fleets in Shanghai and Arizona in the United States next year. Its investors include Nvidia.
'We are very satisfied with Nvidia's chips and its computing power is the strongest for automated driving solutions,' said the CTO of Tucson.
In the area of self-driving car chips, Mobileye is another important competitor for Chinese companies. The company is headquartered in Israel and was acquired by Intel for 15 billion U.S. dollars last year. An Intel spokesperson said that Mobileye hopes to pass its fourth-generation EyeQ chip and Road Experience. Management map system expands business in the Chinese market.
Mobileye will bring its mapping system to China through cooperation with Beijing digital map provider NavInfo.
Despite the challenges, China has enough funds and determination to become a force in the semiconductor development field, just as China has done in the field of electric vehicles.
On March 5, the Chinese government leaders stated at the National People's Congress that China’s industrial priorities include becoming a leader in advanced manufacturing, including integrated circuits, 5G mobile communications, aircraft engines and new energy vehicles.
The Chinese government expects to invest about 150 billion U.S. dollars in these areas in the next 10 years.
Wei Shaojun from Tsinghua University said: 'The major governments all over the world have deployed various resources on policies, talents and capital to upgrade their industries. China is no exception.' (Compilation/Hongyi) Tencent Technology