Super billion market space, the trend of localization of semiconductor equipment

Some time ago, the “forbidden core” incidents that ignited the domestic and international uproar have sounded alarm bells for the semiconductor industry in China. The semiconductor industry is not self-controllable and the security of the country cannot guarantee the development of the industry.

The demand for the development of the integrated circuit industry will inevitably push the localization process of the chip. The localization of future equipment is an inevitable trend. With the development of the national semiconductor industry, the domestic equipment market has a space of over ten billion yuan.

Enthusiasm for round plant investment drives semiconductor equipment growth With the improvement of the downstream semiconductor industry and the continuous upgrading of the wafer industry, the global investment in semiconductor wafer fabs has greatly boosted the growth of the upstream semiconductor equipment industry.

According to the SEMI report, from 2017 to 2020, there will be 62 new semiconductor fabs in the world, including 26 in mainland China, mainly in 12-inch wafer fabs. Take Luofangfa fab data as an example. 80% of the plant's investment is for purchase, which will surely drastically boost the development of the semiconductor equipment industry.

Localization of wafer manufacturing key equipment needs to be broken The wafer manufacturing industry is a typical asset and technology-intensive industry. Lithography machines, etching machines, and thin film deposition equipment are the core equipment for wafer manufacturing, accounting for 23%, 30%, and 25% of the wafer manufacturing process. As the core equipment of semiconductor chip, the machine has high technical difficulty, the price is more than 20 million dollars, the high-end field is monopolized by Dutch ASML, and the market share is as high as 80%. The latest EUV lithography machine can be used for trial production of 7nm process, up to 3- 400 million U.S. dollars.

The global foundries TSMC, Samsung, and Intel launched a process competition below 20nm today. China's leading lithography machine can only be used to process 90nm chips!

National policies and financial support continue to increase Since 2014, the state has proposed to establish an industrial chain plan for wafer-to-terminal products, requiring integrated circuit equipment materials to enter the international procurement supply chain before 2020.

To this end, the state has invested a large amount of funds and policies to promote the localization of semiconductors. The large integrated circuit funds have entered a period of intense investment. The total investment funds of the former IC industry reached 653.2 billion yuan, and the scale is expected to be equal to 1 trillion yuan. Covers IC design, wafer manufacturing, chip packaging and testing and other fields.

Localization of equipment is the most important aspect of localization of ICs. Only by truly mastering the most core technologies can localization be realized in the true sense. It can be predicted that the future investment of large funds and national industrial policies in equipment and policy support will be Continue to increase.

Domestic wafer manufacturing equipment is expected to exceed 10 billion in the next three years The market demand for wafer fabrication equipment in China is in a rising phase. According to the production conditions of 21 domestic 12-inch wafer fabs, comprehensive consideration will be given to the construction time of fabs, the ratio of equipment investment, and the potential of core power forecasting in 2018, 2019, and 2020 in China. The market space for domestic wafer manufacturing equipment reached 7.1 billion yuan, 13.7 billion yuan, and 18 billion yuan. The market space of 2018-2020 with SEMI caliber equipment is estimated to be approximately 25 billion yuan. The investment in the construction of fabs will be used to measure the 2018-2020 market. About 38.7 billion yuan in space.

Although the process of localization of semiconductor manufacturing equipment in China has been accelerating, the entire equipment market has presented a prosperous picture, but localization can only be achieved overnight if it is completely replaced. Continuously strengthening the level of research and development and improving technological capabilities is the only way to truly improve China’s semiconductor manufacturing equipment. The most effective method of international competitiveness.

2016 GoodChinaBrand | ICP: 12011751 | China Exports