'Spots' Two Mainland Companies Ranked in the Top Three in Taiwan Stocks IC Design EPS

1. Taiwan stocks IC design EPS rankings Rui Si Li Jie top three, MediaTek fifth; 2. Component prices spread, MOSFET driver IC prices in the first quarter; 3. 2017 sensors, optoelectronic devices, discrete device market are all new highs, An increase of 11%; 4. Korean media: China intends to purchase more US chips South Korea's chip industry is not optimistic

1. Taiwan stocks IC design EPS ranking spectrum Rui Si Li Jie first three, MediaTek fifth;

According to the micro-network news, Taiwan’s stock market IC design factory shuffled its earnings per share (EPS) ranking last year, and MediaTek retired to the fifth place, retreating from the previous year; and Aegis ranked first among the top ten players for the first time. 8 bit.

The memory control chip factory group benefited from the tight supply of NAND Flash market last year, the price rose, the operating performance was bright, and the record revenue and profit reached a record high. The net profit per share was NT$29.23, and the IC design industry won Lee King throne.

The high-speed transmission chip factory has high sales of high-speed products, and the sales strategy of driver ICs and timing controllers has been effective. Last year, the company also delivered a beautiful report card, and the revenue and profit reached a record high, with a net profit of 25.49 yuan per share. Yuan, ranked second in the IC design industry profit per share.

Silicon Li Jie, a power management chip company, successfully achieved a revenue growth target of 20% last year, and profitability also rewritten a new historical high, earning more than 2 equity, at a net profit of RMB 21.2 per share. It is still being beaten-surpassed, per share. Profit ranked third.

MediaTek's mobile platform business last year due to the adjustment period, the industry profit sharply reduced by 57%, relying on the disposal of foreign investment in the conversion of the top holdings, the overall profit can be recovered, the net profit of 15.56 yuan per share.

Only the server management chip maker Xinyi benefited from the rising demand for cloud servers last year. Together with the purchase of Broadcom’s Pilot product line for its Emulex server remote management chip, revenue and profit climbed simultaneously. The net profit per share reached RMB 15.7, surpassing that of MediaTek. The IC design industry ranked fourth in profit per share, and MediaTek fell to the fifth place. It also retreated one year earlier.

The fingerprint identification chip factory Aegis had strong demand in Samsung last year and successfully entered the Chinese mainland market. The performance was a leap-like growth, with revenue of 4.731 billion yuan, an increase of 183% year-on-year, and net profit after tax of 593 million yuan, an increase of 420% per year. Shares of pure profit 8.5 yuan, leap in IC design industry earnings per share eighth.

Silicon-based panel-driven IC maker silicon broke its growth trend due to the influx of inventory in the smart phone market and changes in panel specifications. Its net profit per share slipped to 7.32 yuan, and it fell out of the top 10 in the IC design industry.

2. Spread of component prices, MOSFET driver IC prices in the first quarter;

According to the micro-network news, the electronic components detonated last year were out of stock, and the wave of price increases has not stopped. This year, including MOSFETs, driving I C, etc., all reported about 5% to 10% gains in the first quarter of this year.

Last year, MOSFET plants in Europe, America and China passed price-rising actions. Taiwanese manufacturers have been afraid to increase prices under the strategy of solid orders. However, due to several waves of price increases in silicon wafers in the upper reaches of the country, pressure from rising costs this year In the first quarter of the year, Taiwan’s MOSFET factory finally reported an average increase of about 5%, but it was only low-profile manufacturers that were unwilling to confirm.

MOSFETs began to be out of stock all the way from the beginning of last year, mainly because new applications of downstream terminals have been increasing in the past few years, driving demand to grow substantially, mainly involving artificial intelligence, extending to smart homes, smart speakers and other consumer products, plus the rapid development of electric vehicles. , Self-driving, Internet of Things, Cloud Center, etc., making MOSFET demand soar.

MOSFET makers stated that with the advent of new applications, Europe and the United States have focused their production of MOSFETs on the high-end market, and the new applications such as artificial intelligence and automotive with relatively high gross margins have made the original global desktop computers and notebook computers. And traditional 3C and other market MOSFET supply is obviously insufficient.

In terms of driver ICs, with the emergence of new downstream applications, the number of LCD driver ICs that have been pushed out to eight-inch foundries has been pushed down. The industry has stated that LCD foundry factories are increasing the cost of eight-inch wafer foundries. In the first quarter, the panel makers have raised their IC offer by 5% to 10% to reflect the pressure of rising costs.

Since the price of eight-inch semiconductor silicon wafers in the first quarter has been increased, and key equipment in eight-inch wafer fabs is out of stock, wafer foundries cannot massively increase production capacity for eight-inch wafers in the short-term. It is expected that supply and demand in the future will remain strong. Eat tight.

3. In 2017, the market for sensors, optoelectronic devices, and discrete devices all reached a record high, increasing by 11%.

In the micronet compiling/Danyang 2017, O-SD (Global Optoelectronic Device, Sensor/Actuator and Discrete) market segment revenue increased by 11%, which is the strongest growth rate since 2010. , will continue to be driven by higher demand from sensors, actuators, CMOS imaging devices, light sensors, laser emitters and power discrete devices.

In 2017, the total revenue of the OSD segment market increased by 11%, which is more than 1.5 times the average annual growth rate of the past 20 years, reaching an eighth consecutive record high level, 75.3 billion US dollars. According to the latest IC Insights '2018 The OSD report 'shows that sales growth will slow in the full year of 2018, and growth will drop to 8%, reaching US$81.1 billion.

In 2017, sales of optoelectronics fell 4% in 2016 from rare, and resumed growth at 9%, reaching 36.9 billion U.S. dollars. The market share of sensors/executives increased by 16% for the second consecutive year and climbed to 13.8 billion U.S. dollars. Device growth was significant, with a year-on-year increase of 12% to $24.6 billion. The latest OSD report predicts that optoelectronic device sales will increase by 8% in 2018, sensor/brake by 10%, and discrete devices by 5%.

From 2017 to 2022, the compound annual growth rate (CAGR) of photovoltaic devices will be 7.3%, and the market size will reach 52.4 billion U.S. dollars in 2022, while the CAGR revenue of sensors/actuators is expected to increase by 8.9%, reaching a scale of 212 in 2022. Billion US dollars, the compound annual growth rate of discrete devices is 3.1%, and the scale in 2022 amounts to 28.7 billion US dollars. IC Insights predicts that in the next five years, the growth of OSD will continue to be reflected in the laser transmitters, embedded cameras of fiber optic networks. Strong demand for CMOS image sensors, image recognition, machine vision and automotive applications, and other sensors and actuators in intelligent control systems, IoT connectivity applications, etc. Driven by reports, it is expected that by 2022, in most forecast years, The market growth of mobile phones and battery-powered devices will drive the growth of discrete power devices (transistors and other discrete devices), but due to the slowdown in the growth of the mobile phone market, the growth of the world economy is unsatisfactory, so the growth rate of discrete devices is flat.

In the total global semiconductor sales, the total sales of OSD products accounted for about 17%, as early as in 2007, this proportion was less than 15%, and in 1997 it was less than 13%. Since the mid-1990s, due to optoelectronics With strong and relatively stable growth of sensors, the overall OSD sales growth exceeded the larger IC market segment. However, this trend has recently reversed, mainly due to a 77% surge in DRAM sales in 2017. Flash memory sales soared by 54%.

After the semiconductor industry slumped in 2009, the strong economic recovery momentum in 2010 made a 37% surge in OSD sales, but in 2017 it once again achieved sales of three OSD products and reached new highs. In addition, IC Insights report also In 2017, sales of sensors and actuators manufactured by MEMS technology increased by 18% year-on-year to a record $11.5 billion.

4. Korean media: China plans to purchase more US chips South Korea's chip industry is not optimistic

According to foreign media reports, in the global memory chip market, South Korean companies are hard to ignore the dominant power.

As of the fourth quarter of last year, the combined share of Samsung Electronics and SK Hynix in the global DRAM memory and NAND flash memory market reached 74.7% and 49.1%, respectively. In addition, Samsung Electronics and SK Hynix also accounted for more than 20% of Korean exports. .

However, the South Korean semiconductor industry has recently encountered unexpected obstacles. According to a number of foreign media reports, China has proposed to increase the proportion of semiconductor chips imported from the United States, replacing products from South Korea and China Taiwan.

Last year, China imported $46.3 billion worth of memory chips from South Korea, which accounted for 52.3% of China's memory chip imports. Compared to 2016, China's total amount of memory chips imported from South Korea increased by a staggering 51.3% year-on-year.

On the other hand, the United States sold 6.4 billion U.S. dollars worth of semiconductors to China last year, and only South Korea's memory industry exported 1.3% of its exports to China. Through calculations, we can see that if China replaces 5% of Korean chips with U.S. memory chips, South Korea will Loss of US$2.33 billion. If replaced by 10%, Korea will lose US$4.66 billion.

However, some experts said that the impact of China’s increase in the proportion of US imports of memory chips is limited because South Korea is the largest supplier on the market. Even if China wants to import more products from Micron Technology of the United States, due to insufficient capacity, the latter also It is difficult to satisfy too many orders. Micron Technology also has difficulty in increasing production capacity immediately because it usually takes two to three years.

Industry executives said: 'Micron Technology can supply more products in a year or two, but they will still face problems because Korean companies have pricing rights.'

Je Hyun-jung, researcher of the Korea International Trade Association, put forward different views. He said: 'The problem is that after the US company filed a complaint, the U.S. government is working hard to re-develop the chip industry. Although the chip is a tax-free product, it is not subject to anti-dumping. Tax implications. This is a problem that Korean companies can't solve. ' Tencent Technology

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