1. Qualcomm's 28th extension and NXP trading time until July 13;
According to the micro-network news, Qualcomm announced on Friday that it will extend the cash offer period for NXP Semiconductors again, pending approval from the regulatory authorities. The offer was originally scheduled to expire at 5 pm local time on July 6, but It has now been extended to 5 pm local time on July 13th. This is Qualcomm's 28th extension with NXP trading hours.
According to Qualcomm, as of 5 pm local time on July 6, Qualcomm has completed a 5.6% bid for a valid bid for NXP stock, up from 5.3% on June 28.
The acquisition began on October 27, 2016, and the acquisition of NXP was completed on February 6, 2017, but for a series of reasons, the transaction was extended 28 times before and after. Sino-US trade frictions escalated, and the trade war between the two sides began on July 6. The market's enthusiasm for the deal has largely subsided.
2. Memory Q3 boom, DRAM is optimistic, NAND has noise;
DRAM factory South Asia Branch will hold a legal person briefing on the 17th. The market expects that South Asia Branch will release positive news. The third quarter DRAM market conditions will continue to be optimistic. In contrast, another memory NAND Flash market situation may be murmur.
In the memory market last year, there were rare cases of dynamic random access memory (DRAM) and NAND flash. This year, the two major memory markets are different, and prices are diverging.
In the DRAM market, supply and demand continued to be healthy this year, and product prices continued to rise. The demand for NAND Flash market slowed down and product price corrections were revised.
In the second quarter of South Asia Branch, under the DRAM sales price, the operating performance was bright, and the performance was rewritten to a record high every month. The quarterly revenue reached NT$24.592 billion, a 30.8% increase in the quarter, and a record high in the single-season performance.
Memory module factory Weigang relied on DRAM performance growth of nearly 20% in the first half of this year to ease the impact of the decline in solid-state drive (SSD). The revenue for the first half of the year was 15.89 billion yuan, a slight increase of 0.35% over the same period last year.
Looking ahead, South Asia Branch believes that with the increase in the number of smartphone memory devices and the continued strong demand for servers, the peak season effect of the DRAM market in the third quarter is expected.
The market research institute Jibang Technology also expects that in the third quarter, under the traditional peak season effect fermentation, DRAM prices are expected to continue to rise, and the total output value will be able to rewrite the record high; server memory and mobile memory will push up the third quarter DRAM The main driving force for continued price increases.
As for NAND Flash, Jibang Technology expects that the third season is also the traditional peak season of the NAND Flash market, but this year's demand from smartphones and notebooks is relatively flat, and the output of suppliers' 3D NAND Flash is increasing, which will affect the number. The price trend of the 3 season products is weak.
Weigang expects that the price of DRAM will be stable or slightly rising every quarter this year. The market is expected to maintain a healthy state until 2020. NAND Flash is more conservative due to supply side, and the outlook for the market is relatively conservative. Will only maintain a stable or slight price decline.
Central agency
3. Semiconductors stop the price of silicon wafers is still stable;
The semiconductor silicon wafer market is in short supply, and the price has continued to rise since the beginning of 2017. However, there have been some noises in the near future. Some products seem to be slowing down. The legal person believes that the price of silicon wafers has not declined. Higher players are less affected by changes in spot prices.
Recently, most of the stocks of semiconductor silicon wafer stocks have been revised back. The legal person pointed out that this roughly reflects the slight slowdown in market demand, which has affected the price increase of some items, and the price has risen a lot in the first half of this year. Therefore, the current trend of rising is facing challenges. It is also necessary to let the market digest the existing stocks, but the spot price of some products is only flat, and it will not reverse downward.
In addition to off-the-shelf supply, in order to ensure the stable supply of medium and long-term semiconductor silicon wafers, the long-term price of many downstream customers has already been negotiated, including quarterly, semi-annual or annual. The legal person pointed out that even if the spot price of some items rises The situation is somewhat loose, and the industry with a high proportion of long-term contracts is still affected.
Price fluctuations in the third quarter
At present, most of the silicon wafer industry regards the long-term proportion as confidential, and it is not easy to disclose it. Since most of the subsequent contract prices are still rising, the legal person estimates that the slight fluctuation of the semiconductor wafer market in the third quarter should be only a short-term phenomenon. The industry will also estimate that the price trend of silicon wafers will continue to rise next year, even for a longer period of time.
The rise of this wave of semiconductor silicon wafers was roughly started by 12 吋 products, and then continued to 8 吋 and other smaller products. As for shipments, according to the International Semiconductor Industry Association (SEMI) data, this year In the first quarter, global silicon wafer shipments jumped to 3,084 million square miles, a single-season record high, not only a 3.6% increase in the quarter, but also an annual increase of 7.9%.
Terminal Emerging Applications Increase Capacity Utilization Continued
The semiconductor silicon wafer related industry has ushered in many years of glory, mainly because of the increase in both terminal and emerging applications, but the supply growth is limited. When products can be used in 12-inch factories, and the capacity of 8-inch plants can also be used. Some of the operators who failed to grab 12-inch capacity were squeezed into the 8-inch factory, which in turn affected manufacturers with 8 or 6 production capacity. Some of them had to put the products in the 6-inch factory. The situation has not only increased the capacity utilization rate of various foundries, but also the price of silicon wafers required to rise.
4. Creative, Zhiyuan, Shixin Twin engine advancement in the second half;
IC design service provider creativity (3443), Zhiyuan (3035), Shixin (3661), etc., after the second half of the year, the performance is expected to warm up, not only the design of the (NRE) business brings kinetic energy, ASIC production income is more expected There will be obvious concerns.
Last year's revenue and profitability reached a historical peak. In the first quarter of this year, the EPS was NT$1.54 (the same below). The consolidated revenue in June reached 1.294 billion yuan, a record high, and the monthly increase exceeded 30%, driving the second quarter. The quarterly results increased by more than 10%. The combined revenue for the first half of the year was 5.992 billion yuan, an increase of 17.3%. The legal person expects that the company's third quarter operating performance will continue to increase, and the second half of the year should exceed the first half of the year. Revenue is expected to grow by more than 15%.
The layout of the creative process in the advanced process has been concerned by the outside world. The company's 7nm process case has been paid by NRE business revenue since the fourth quarter of last year, and the related mass production revenue will be charged from the second quarter of this year.
The original EPS for the first quarter was 0.28 yuan, and the consolidated revenue for June was 419 million yuan, a 15% increase for the month. The second quarter results were 1.104 billion yuan, a 5.8% increase. The company estimates that the company's third quarter results will continue. Warming up, operating performance in the second half is expected to be better than the first half.
In the first quarter of the year, the NRE performance of Zhiyuan has reached a record high in the single quarter, accounting for 27.6% of the overall revenue. The legal person estimates that the company's performance in the first half of the year should have exceeded the performance of the whole year and continue to move towards the NRE camp throughout the year. The goal of more than doubling the annual income.
As for the mass production business, Zhiyuan estimates that the relevant performance this year can show a quarterly growth trend. The legal person believes that after the company took over two NRE cases of Samsung's 10 nanometer process in the first quarter, one of the cases can begin as soon as the second half of the year. Mass production.
In addition, the first quarter EPS of Shixin was 1.85 yuan, and the accumulated consolidated revenue for the first five months was 1.468 billion yuan, down 4.5% year-on-year. In the first quarter of the year, the core of the NNE has a revenue of 7 nano NRE, and the company has NRE related in the first half of the year. The performance of the case is noted. In the second half of the year, it is expected that the performance of the mass production cases will continue to increase, and the annual revenue will still have the opportunity to maintain growth.
5. Russian media: Russian microelectronics company will cooperate with Chinese enterprises
Russian microelectronics company Mikron and Chinese companies recently signed a letter of intent for cooperation. It is understood that Mikron is one of the top five microelectronics companies in Europe, mainly producing microelectronic products such as chips.
According to a report by the Russian Satellite News Agency on July 7, the Russian company Mikron signed a letter of intent with Shanghai Jiali Gas Co., Ltd. (SCGC), which involved the establishment of a supply, supply and storage of industrial gases and gas mixtures in Russia. United company.
In addition, the two companies intend to cooperate in the construction of industrial gas production plants and modernization of factories in the future. To achieve this cooperation, the Mikron Group plans to increase its existing production capacity.
It is understood that Mikron Group is one of the top five microelectronics companies in Europe. It developed microelectronics technology for the Soviet Union as early as 1960. It is now a member of the Russian telecommunications equipment manufacturer Sitronics. The company mainly produces microelectronic products such as chips. In 2017, the company's exports of microelectronics accounted for about 54% of Russia's total exports.