2. Downstream Chinese-funded fabs are about to enter a large-scale expansion cycle, and orders for integrated circuit equipment are likely to continue to burst in the next few years. (1) The construction of Chinese-funded wafer fabs has progressed smoothly. Currently, it has gradually entered the top of the plant and equipment has been moved. Machine, small-scale pilot production phase. With the completion of preliminary yield testing, the Chinese-funded wafer fab will enter a large-scale expansion phase, and will release large-scale orders for integrated circuit equipment. Chinese-funded wafer fab new expansion capacity Focused on SMIC, Hua Hong Group, Changjiang Storage, Jinhua, Fujian, and Hefei Changxin, the top five companies. From the perspective of the capacity planning that has been announced, the capacity growth of each company is huge. In the field of chip foundry, SMIC planned Expansion plan: Beijing will produce 110,000 new 12-inch products per month, Shanghai will produce 70,000 new products per month, Shenzhen will produce 40,000 new products each month, and Tianjin will produce 100,000 new products with 8 inches per month. Microelectronics Wuxi added 40,000 new 12-inch monthly production. Shanghai Kangqiao Project added 40,000 new 12-inch capacity per month. In the storage area, Jinhua, Fujian planned 120,000 capacity, and Hefei Changxin planned 125,000 units of capacity. Yangtze River Storage planned 300,000 pieces of production capacity. (2) Compared to foreign capital Factory, Chinese-funded wafer fabs and domestic upstream equipment companies have closer cooperation, and Chinese-funded wafer fabs are expected to become the most powerful strategic supporters of the domestic equipment industry. The company’s semiconductor equipment products are in SMIC, Huali Microelectronics, Wuhan. The production volume of new core, Yangtze River Storage and other Chinese-funded fab companies has been progressing smoothly. PVD, annealing equipment, cleaning machines, CVD, oxidation furnaces and other equipment have successfully entered the downstream production lines.
3. Domestic semiconductor equipment is an inevitable choice for downstream customers to reduce costs. We determine that with the large-scale delivery of wafer manufacturing capacity, supply in the production end of the chip will exceed demand in the long term. The cost control capability will become the core of the competition in the wafer manufacturing industry. The factors that reduce costs will become the 'core appeal' of major fabs. The price of domestic semiconductor equipment products is less than half that of foreign products of the same type, which is expected to become the most reliable guarantee for fabs to reduce costs.
4. Pan semiconductor market growth unchanged, the company LED, photovoltaic, flat panel display equipment sales to good company to start from the core areas of the Pan-key semiconductor equipment, product innovation, seize new territory in the field of photovoltaics, the company's product line Puller device comprises a battery and a sheet manufacturing apparatus of silicon single crystal growth substrate, comprising a diffusion furnace, PECVD and washing machine. in the field of LED, the PSS company started ICP etching apparatus, the products have been covered ICP etching apparatus GaN epitaxial layer , GaN deep grooves ICP etching apparatus, PECVD, ITO Sputter, Metal Sputter, AlN Sputter other, full coverage etching, CVD, PVD processes three LED art. in the field of flat panel displays, products mainly include UV curing oven, transfer Equipment, washing machines and other ancillary equipment. LED, photovoltaic, flat panel display and other fields of similar equipment performance requirements are much lower than the integrated circuit equipment, the current stage has entered the harvest period of large-scale replacement of overseas equipment. The company each year in the semiconductor field The R&D investment exceeds 700 million yuan, forming a rich accumulation of technology, and the ability to replace imported equipment in LED, photovoltaic, and flat panel display areas.