Grasping 'manufacturing' and 'designing'
China Securities Journal reporter: From the linkage of the industrial chain, what is the most important part of the development of integrated circuits?
Yan Shijing: Throughout all industries, only integrated circuits may be the most complex, most systematic, and most involved in an industry. Roughly, the integrated circuit industry chain can be divided into 'design', 'manufacturing', 'packaging test' And the 'equipment' and 'material' that support each link. The most important thing is to grasp 'manufacturing' and 'design' because it is faster to serve the market.
For example, 'design', because China is the world's largest consumer electronics market, the design of the product, you can immediately face your own market, the growth space will be very large.
Similarly, doing 'manufacturing' is just a central link that can serve production design and can also drive the growth of Chinese materials and equipment.
But it doesn't mean that 'equipment' is not important. 'Equipment' is very important, but its problems are more complicated. 'Equipment' involves many sectors such as machinery, chemicals, optics, electronics, etc., and the market of 'equipment' is mainly overseas, China's Enterprises will be more difficult to enter, so it is difficult to support themselves.
Relatively speaking, the 'package' link of the domestic integrated circuit industry has developed better, but the future of packaging still needs to be vigorously innovated. For example, the integration of chips is getting higher and higher, and many problems that are not solved by the 'manufacturing' link can be 'Package' link solution.
China Securities Journal reporter: How do you view the gap in the level of development of integrated circuits at home and abroad? How to understand the autonomy of the chip and the globalization of the industry?
Shi Shijing: The technological change of integrated circuits actually reflects the development trend and demand of the whole industry. Foreign development is fast, and the integration is high because foreign countries do develop earlier and have their own industrial base. With economic globalization, Technological progress, industrial transformation and upgrading, China has also developed to this stage, the industry itself has generated the need for innovation and upgrading of integrated circuits. For example, Huawei, Haier and other large-scale machine manufacturers have gradually entered the integrated circuit from the original machine manufacturing. Design field.
In fact, in today's information society, I don't think any country can do anything to make an information product, and the trend of technology globalization is irreversible. Moreover, in order to speed up the process of product upgrading, accelerate the progress of product development, meet Market demand, using a global approach is economically sound. Independent innovation is not about closing the door to innovation, but taking the initiative to innovate.
Grab the talent injury industry
China Securities Journal: The enthusiasm for the development of integrated circuits is very high. SEMI statistics Many new wafer manufacturing lines in the world are in mainland China.
Yan Shijing: I think it can encourage market competition, but it should not be rushed. Otherwise, it will harm the whole industry. Because the investment in integrated circuits is very large, the required technology accumulation, and the accumulation of talents are also very numerous. There may be vicious competition.
The most typical phenomenon now is that the country has also begun to dig each other, resulting in the company's talent cost even higher than abroad. So, which company can grow steadily? Many companies have been so hard to accumulate talent team for so many years, by others 1. I dig, everything goes to waste.
Objectively speaking, it is still necessary to follow the laws of the market and the laws of the industry. The integrated circuit industry in the world is concentrated in integration, which contributes to the sharing of research and development, and can generate economies of scale. However, the domestic industry is now more dispersed and mentally I don't feel calm, I feel that I can do it. I still need to do some control and guidance on the policy side, and try to minimize speculation.
China Securities Journal reporter: Enterprises such as Gree and Foxconn have come up with their own chips, which is a reflection of the development trend of the industry?
Yan Shijing: Of course, I don’t mean to raise a cow if I want to drink milk. I still need the company to consider it according to its own development needs and its own ability.
From an industry perspective, the past innovations may be innovations in supply chain management, innovation in business models. Nowadays, due to the increasing complexity of users' needs, the complexity of product design is increasing, and the innovations required are not just for certain components. Simple improvement, but the need to re-create the value of the entire industry chain, the realization of the function of each component, interaction with each other, the core of which is the internal integrated circuit and operating system.
'Big fund' is not 'Tang Yu meat'
China Securities Journal reporter: In addition to the Yangtze River storage, Ziguang has also laid out Chengdu and Nanjing production bases in the future, but some voices believe that after all, the first base has no mass production, and there will be supply chain risks in such a large layout in the future. How is the rhythm of the scale on the scale controlled?
Shishijing: The Yangtze River storage is the first development base of the Ziguang Memory, which is equivalent to the 'Whampoa Military Academy' of the entire Ziguang Group's chip manufacturing sector. The integrated circuit industry emphasizes the scale effect, only to achieve a certain volume, research and development, talent gathering In order to be cost-effective in scale, the future will lay out three bases, and they will also have their own positioning and tasks. The rhythm of scale will definitely be determined according to the progress of technology and the needs of the market.
China Securities Journal reporter: When is the Yangtze River Storage expected to break even?
Shi Shijing: Breakeven is not easy to say now, investment is still going on, and it needs to be predicted according to the demand situation of the follow-up market. In fact, from the first day of the establishment of the Yangtze River storage, Ziguang is considering how it can have the ability to develop itself. The Yangtze River stores its own benign development, may need a process, but I think the time will not be too long.
Although the 'big fund' (National Integrated Circuit Industry Investment Fund Co., Ltd.) is a shareholder of Changjiang Storage, don't simply think of 'big fund' as government investment, like the subsidy in the past. 'Big fund' is asking for withdrawal. The company must also abide by the commitments of the 'big fund'. Therefore, companies should not regard the funds of the 'big fund' as 'Tang Tang meat', which is very dangerous.