Broad market for semiconductor power devices | Continued high growth in performance for both companies

In 2017, the global semiconductor industry sales revenue was US$408.69 billion, an increase of 20.60% year-on-year. China is the largest semiconductor consumer market in the world, accounting for about one-third of the global total, and there is a huge semiconductor trade deficit every year. There is a huge substitution in the downstream market. Space. With the support of policies and funds, China's semiconductor industry is expected to usher in a decade of development. International wafer fabs have started to invest and build factories in mainland China. The planned number of lines and the amount of investment have reached development over the years. most.

At present, China's three major memory chip companies - Yangtze River Storage, Hefei Changxin, Jinhua, Fujian, are stepping up construction of the plant. In the first quarter of 2018, Hefei Changxin entered the equipment, in the second quarter Yangtze River storage equipment, in the third quarter of Fujian Jinhua moved. Into the equipment. In the semiconductor industry continues to boom, industrial transfer to the domestic, innovative applications to drive the development of the industry, the domestic alternative trend, the semiconductor equipment business is expected to grow rapidly.

Absen Company is a leading manufacturer in the field of LED full-color displays. The entire LED display industry is in an upward trend, and the revenue of major listed companies in the industry has increased significantly in 2017. LED displays are ushering in. Medium and long-term golden development period of the industry. For the company itself, after a strategic adjustment in the second half of 17 years, the company's layout in many areas such as small distances, hotel scene operations, sports, etc. will enter the harvest period in 18 years, and the company is expected to return. High-speed growth track. Yangjie Technology (300373)

A variety of power MOSFETs from Yangjie Technology have been successfully developed and mass-produced to form ancillary sales with existing products, further enriching the power semiconductor product portfolio and providing customers with comprehensive services. The market size of power MOSFETs is around US$6 billion and currently Infineon Technologies Overseas companies such as ON Semiconductor, Renesas, Toshiba, and STMicroelectronics occupy more than 60% of the power MOSFET market.