Helping the domestic chip industry | When the capital market has arrived

Recently, the vice chairman of the China Securities Regulatory Commission Jiang Yang said in researching the company, “No matter what chip you use, it is essentially a chip company, I hope you will be listed in the domestic market”. The position of the leadership of the China Securities Regulatory Commission also indicates capital. The positive attitude of the market towards the development of the chip industry. The author believes that this year, with the strong support of policy, capital and market, China's integrated circuit industry will usher in a wave of rapid development.

The integrated circuit industry is the core of the information industry, and it is related to China’s information security. At the same time, integrated circuits are also an industry with high capital barriers and technical barriers. The integrated circuit market in China started relatively late, and compared with other large international companies A certain gap. Therefore, in recent years, China has continuously introduced relevant policies and provided funds to promote the development of the integrated circuit industry, and has achieved certain results.

In 2017, China's chip industry also achieved some brilliant results: Huawei Hass released the world's first 10-nanometer technology AI chip; Supercomputer equipped with a domestic chip 'Shenwei Taihu's light' won the world's super-computing field In three consecutive years, Ziguang and Hass rank among the top ten chip design companies in the world. Among the top 50 global chip design companies, Chinese companies have taken up 11 seats; Huawei also successfully uses a large number of Hass Kirin chips in high-end models. No longer subject to people.

At the same time, in order to provide financial support for the design and other key aspects of the chip industry chain, in October 2014, 15 companies including Guokai Finance, China Tobacco, and China Mobile jointly established a national integrated circuit industry investment fund. The planned scale is 120 billion yuan, and the actual fund-raising is close to 140 billion yuan.

According to the data, by the end of 2017, the national integrated circuit industry investment fund has invested more than 70 billion yuan, of which about 60% of the funds are invested in semiconductor manufacturing. The national integrated circuit industry investment fund uses capital as a link, through guidance and action. , Inject new development power and motivation for the industry.

The author believes that with the help of high-speed industrial development, favorable policies, and technological advancement, the domestic IC industry will have a rapid growth momentum. Enhancing the IC industry's influence on 'Creation in China' will also be one of the key tasks in China for a period of time in the future. In this process, the capital market has great potential.

On the one hand, the A-share market can become an important platform for the development of the integrated circuit industry and can provide financial support for its development.

On the other hand, integrated circuit companies can become bigger and stronger through the A-share market. Because a company simply depends on its own accumulation, its development speed is after all limited. At the same time, as the scale of the company's development gradually expands, funds, talents, etc. The bottleneck in the aspect will gradually appear. Therefore, if an enterprise wants to continue to maintain rapid development, and to achieve the upgrading from quantitative change to qualitative change, it must follow the path of capital operation. It must combine industrial capital and financial capital.

The author believes that with the policy, capital, etc. for the development of the integrated circuit industry, 'the icing on the cake', China's integrated circuit industry will usher in the development of the outbreak.

2016 GoodChinaBrand | ICP: 12011751 | China Exports