1. The design business has been steadily improved! The profit of the company's first half of the year increased by 165% year-on-year;
Set micro-network news (text / Lee), July 30, Vail shares announced that in the first half of 2018, the company achieved a total operating income of 1.895 billion yuan, an increase of 107.26%; net profit attributable to shareholders of listed companies 156 million Yuan, a year-on-year increase of 164.90%; Excluding the impact of the company's 2018 restricted stock equity incentive amortization expenses, the net profit attributable to shareholders of listed companies was 267 million yuan, an increase of 354.70%.
Deepen IC design layout, design business grows steadily
During the reporting period, Vail further increased the R&D and upgrade of TVS, MOSFET, power IC and other products to improve product performance, update products, and further supplement the product specifications required by different application markets.
In the field of power management chips, the original product technology of Vail is continuously upgrading its technology to improve product performance. The low-voltage high-performance LDO and DC-DC developed by Vail in 2017 have successfully completed the project tape and test. And achieve mass production and sales. Product performance has reached the international advanced level. Weir shares will continue to increase the high-voltage high-performance LDO, DC-DC, Charge product market and technical research and R & D investment, for the future high-voltage high-performance power management chip Technology lays the foundation.
In the field of RF chips, Vail continues to develop high-performance mobile phone antenna tuning products, CMOS-based low-cost 3G RF front-end chipset development and mass production, and will increase the research and development of NB-IoT RF front-end. The company is mainly engaged in the research and development of high-performance RF chips such as RF Switch, LTE LNA, GPS LNA, TIA. The RF chip developed by Vail is based on CMOS technology, with high-end, mid-range and low-cost chip types. And low-cost demand. The RF chip developed by Vail shares is widely used in intelligent terminals with 4G communication functions, and has achieved relatively obvious performance growth.
In the field of sensor chips, Weir has developed a number of MEMS chip products for use in microphone products, covering the main areas of the microphone market, such as smartphones, speakers, TV set-top box remote controls, security, wire-controlled headsets, etc. In the field, different sizes, sensitivity, power consumption and other differentiated products were introduced. During the reporting period, Weir's silicon wafer products have been successfully introduced into customers. Weir shares will be based on perfecting the analog microphone product line. Increase investment in research and development of digital microphone products, enrich the company's product types.
In the field of live broadcast chips, Vail continues to develop the HD satellite decoding chip and the development of satellite demodulation chips in the field of automotive electronics applications. According to the survey report of the application market, Vail shares the live satellite HD decoding chip products. Targeted adjustment, so as to reduce the cost of the chip. For the new broadband digital multimedia broadcasting, the new generation of satellite mobile multimedia ground trial network has been officially launched, and the company has developed satellites with operators and a number of vehicle terminal development companies. The front-loading scheme and the post-installation scheme of the mobile multimedia vehicle terminal, Weir shares have achieved the performance requirements of the standardized prototype, and have the relevant core patent technology, which is in a leading and dominant position in technology.
In the field of broadband carrier chips, Vail shares the current inevitable trend of power system intelligence and automation. In response to the demand for broadband power line carrier technology in the national smart grid construction process, the subsidiary Shanghai Silicon has initiated the development of broadband carrier chips in early 2017. And has successfully joined the State Grid Intelligent Measurement Alliance and the Internet of Things Working Group. At present, the Weir shares broadband carrier chip has successfully streamed, and will promote mass production as soon as possible.
In the first half of 2018, the company's semiconductor design business realized revenue of 418 million yuan, an increase of 37.74% over the same period of the previous year.
Semiconductor distribution business sales record high, customer development continues to make breakthroughs
In the first half of 2018, Vail's semiconductor distribution business realized revenue of 1.478 billion yuan, an increase of 141.77% over the same period of the previous year. Through clear product and market positioning, Vail shares established a stable and efficient marketing model to form differentiated competition. Advantages, and continue to enrich the product line type of the agent, new customer development continues to make breakthroughs. Weil shares focus on the control of accounts receivable, control the scale risk of the distribution business through the customer return monitoring system.
Continue to increase investment in research and development, and continuously innovate research and development mechanisms
In the first half of 2018, Weir's R&D investment was 0.66 billion yuan, a year-on-year increase of 51.87%, accounting for 3.48% of total operating income. The semiconductor design business R&D investment accounted for 12.17% of the semiconductor design business.
Weil shares attaches great importance to the research and development of independent intellectual property rights technologies and products, establishes a customer-oriented research and development model, continuously innovates research and development mechanisms, and pays attention to technical protection and personnel training. Weil shares attach importance to the construction of R&D team, and the core R&D team is stable. At the same time, we recruited a group of researchers with overseas backgrounds, and newly established wholly-owned or controlled subsidiaries to develop new products for strategic development. As of the date of issuance of this report, Vail has owned 57 patents, including 16 invention patents, 41 utility models; 74 layout design rights for integrated circuits; 69 software copyrights. (Proofreading/Lee)
2. Beijing Junzheng has obtained 64-bit architecture license and has leading 32-bit embedded CPU technology;
Set micro-network news (text / Lee), Beijing Junzheng recently said on the interactive platform, the company has the world's leading 32-bit embedded CPU technology and low-power technology, is also developing relevant independent core technology for the existing market.
In addition, Beijing Junzheng has obtained a 64-bit architecture license, and has not yet developed a plan. The company does not have mobile phones, tablet chips, and the existing market does not require 64-bit architecture chips. The company currently has dual-core products.
It is reported that Beijing Junzheng has been engaged in integrated circuit design business. Its main business is the development and sales of 32-bit embedded CPU chips and supporting software platforms. It has developed into a leading 32-bit embedded CPU chip supplier at home and abroad. One of the very few local companies that have embedded CPU core technology and successfully marketed.
The company's products are mainly used in the field of mobile portable devices, such as portable consumer electronics, portable education electronics, mobile Internet terminal equipment and other market segments. The company's JZ47 series embedded processor based on XBurst core with its excellent cost performance, strong multimedia processing capabilities And ultra-low power consumption advantages, has become China's largest shipments, the most widely used independent innovation microprocessor products. (Proofreading / Lee)
3. Guo Minghao: Biometrics, multi-lens, 5G will be the three major trends in the technology industry in 2019;
Guo Minghao, deputy general manager of Tianfeng International Securities Research and Strategy Department, pointed out that biometrics, multi-lens, 5G will be the three major trends in the technology industry in 2019, and biometrics is a 'very important focus', especially the visibility of the fingerprint recognition industry under the screen is very good. High, it is estimated that the annual growth rate of fingerprint mobile phone shipments under the screen will reach more than 500%, and the touch factory industry of Hon Hai Group will become the biggest winner.
Guo Mingxi has the reputation of 'the strongest Apple analyst on the surface of the earth'. He accurately grasps the dynamics of the technology industry. He released the above message in a trend forum. He stressed that the visibility of the fingerprint recognition industry is very high, and it will be good until 2019. In the second half of the year, investors seem to have not begun to take this trend seriously.
Under-screen fingerprint recognition hides the touch module under the display panel, making the smart phone a true 'full screen' mobile phone. GIS has successfully developed optical-screen fingerprint recognition technology, which has been favored by many brand manufacturers. Will ship.
Industry analysis, among the three major trends, multi-lens, 5G, etc. have been gradually fermented and introduced into the market. In contrast, the fingerprint recognition technology under the screen is the latest, and it is expected to become the next popular application. Guo Mingxi pays special attention to it.
Guo Mingxi believes that the focus of biometrics in the future will focus on fingerprint recognition under the screen. In the second half of this year, including Oppo, Vivo, Huawei, Xiaomi will launch smart phones equipped with on-screen fingerprint recognition, indicating that the technology is now more and more visible. The most critical Apple is likely to fully develop, and will increase the penetration rate of fingerprint recognition under the screen, and expand the supply chain.
He estimated that the annual growth rate of fingerprint mobile phone shipments in the screen in 2019 can reach more than 500%. If the iPhone is also added in the future, there will be nearly 200 million fingerprint recognition models in the world, and business opportunities will break out. Very positive.
Guo Mingxi believes that the screen-based fingerprint recognition module under the responsibility of GIS currently has a monthly capacity of about 1 million to 2 million. It is expected to expand to 4 million to 6 million in the second half of this year. Because of its better coating ability, the yield is better than that of Ou Feiguang. It is estimated that GIS will be Samsung's main supplier of ultrasonic modules next year, with shipments reaching 35 million to 40 million, which is expected to contribute significantly to revenue and profit.
Guo Minghao also pointed out that multiple lenses will become the mainstream of future smart phone design. In the next two to three years, it will be the necessary specifications for the flagship machine. The number of lenses will also move from three to four, five, and Da Liguang and other optical factories will also Benefit from increased market demand.
In the 5G section, Guo Mingxi said that the biggest changes in 5G technology are 'low delay' and 'high frequency width'. These characteristics are quite helpful for applications such as AR (Augmented Reality) or automotive electronics, and low-latency transmission in future 5G mobile phones. , can provide a better experience of AR, although the current global 5G commercialization time is still difficult to determine, but does not affect this major trend. Economic Daily
4. Datang Telecom sells the shell and protects the shell TD has no fruit 5G into the final stroke;
Recently, Datang Telecom announced that it will sell the real estate and ancillary facilities of the Beijing Research Center at a price of 1.35 billion yuan. Due to the unsatisfactory 3G commercialization and fierce competition in the chip field, the leader of the 3G era has suffered serious losses, and the future 5G The arrival may provide some opportunities for it.
The transfer is intended to be announced by Baotang Datang Telecom. The company intends to transfer the Beijing Research Center house and its ancillary facilities to Beijing Haiguo Yongfeng Technology Co., Ltd. It is worth noting that the building has appreciated tremendously. As of the end of June 2018 The evaluation value of the Beijing Research Center project is 1.35 billion yuan (including VAT), the evaluation value added is 873 million yuan, and the value-added rate is 183.37%. Datang Telecom said that the transfer is a revitalization of assets, recovery of funds, after deducting various taxes and fees. It is about 458 million yuan.
Due to losses in 2016 and 2017 for two consecutive years, the Shanghai Stock Exchange implemented a delisting risk warning for Datang Telecom. If the listed company loses money for three consecutive years, it will face a situation of suspension of listing, which means that Datang Telecom faces the shell this year. pressure.
Some analysts believe that this may be one of the means of the company's shell-keeping. However, even if the sale of the building eases the crisis, it may only be a drop in the bucket. This transfer, after deducting various taxes and fees, will give Datang Telecom a profit of 458 million yuan. However, in 2017, Datang Telecom lost 2.49 billion yuan.
Betting TD has no fruit
In recent years, Datang Telecom has been in a quagmire of losses. In 2017, Datang Telecom's net profit was a loss of 2.649 billion yuan, a loss of 1.776 billion yuan in 2016.
Datang Telecom explained that in 2017, the company's major industries were fiercely competitive, terminal chip upgrades accelerated, and competition in the chip field became more intense. In this context, the company abandoned some of its low-margin products, resulting in a sharp drop in the company's performance.
Datang Telecom has participated in the formulation of 3G communication standards, and Siemens has launched the 3G network standard of TD-SCDMA standard, and has been adopted by the international communication technology specification organization 3GPP, becoming the three major 3G international standards. But commercial use of TD-SCDMA It is not smooth. In 2009, 3G communication was officially commercialized in China, nearly five years later than European and American countries. By 2014, 3G communication in commercial only five years was replaced by 4G communication.
'Generally speaking, the commercial time of a generation of communication is about ten years, which means that under the time limit, Datang Telecom's input-output ratio in 3G is lower.' Industry insiders pointed out.
5G into the last stroke
In 2014, China Mobile turned to 4G network construction, which means that Datang Telecom's expectation of relying on TD-SCDMA to obtain revenue has been further compressed. In May last year, Datang Telecom announced that its subsidiary, Lianxin Technology Co., Ltd. and Qualcomm (China) ) Holding Co., Ltd. will jointly contribute more than 2.98 billion yuan to establish a joint venture company, Shengsheng Technology (Guizhou) Co., Ltd. However, as Datang Telecom said in the announcement, the low-end chip has lower gross margin and still cannot solve Datang. The problem of the expansion of telecom losses.
In addition to the chip, Datang Telecom also launched a 5G network. Recently, Datang Telecom and Tencent signed a strategic cooperation agreement. In this cooperation, Datang and Tencent will jointly establish related joint laboratories. Datang Telecom provides communication technology, Tencent. It provides Internet and traffic advantages. The industry believes that 5G commercial will bring huge business opportunities, if Datang Telecom can seize this opportunity, there is also the possibility of turning over.
5. Nokia wins a $3.5 billion 5G equipment contract from T-Mobile USA;
According to Reuters Beijing time on July 30, T-Mobile said on Monday that the company has reached a $3.5 billion supply agreement with Nokia: The future of T-Mobile's next-generation 5G network equipment will be provided by Nokia. This is by far the largest 5G network equipment transaction in the world, and it is also a concrete example of the new wireless network upgrade cycle is gradually unfolding.
T-Mobile, the third-largest mobile operator in the US, agreed to merge with Sprint in April this year to become a stronger competitor of US telecom giants Verizon and AT&T. Win the contract of T-Mobile USA, for Nokia of Finland The importance of Nokia's existing 4G network equipment has been slowing down for many years, and Nokia's performance has been hit hard. At present, investors are worried about whether Nokia 5G network equipment contract can start to boost profitability later this year. Warm up.
5G networks can provide mobile users with faster network transmission speeds and provide more reliable protection for new industrial automation, medical monitoring, driverless vehicles and other commercial uses. But for globally under-funded telecom operators Having said that, I have never been willing to commit to commercial upgrades to existing networks. Many operators believe that 5G technology is just a wireless transmission method that increases capacity and does not add new features.
T-Mobile and Nokia reached an agreement to provide a range of 5G hardware, software and services that enable T-Mobile to use licensed radio waves to provide services. The two companies said in a statement that Nokia will move to T- Mobile offers its airborne radio access platform, as well as hardware, software and acceleration services for cloud connectivity.
At present, the global network equipment business is dominated by three giants - Huawei in China, Nokia in Finland and Ericsson in Sweden. However, since the fourth generation of mobile devices reached its peak in 2015, the global network equipment business has been tired of coping with growth. . Phoenix Network Technology
2020G smartphone shipments exceeded 300 million in 2022;
5G standards are in full swing, 5G terminals are also ready to go. In June 2018, 3GPP just decided to release Release 15 technical content, which is the first version of the 5G specification. Then 5G chips and 5G mobile phones are the focus of the industry, according to the industry. Research Institute MIC research shows that 5G mobile phones are still in their infancy in 2018, with global shipments of only 200,000 units. In 2019, they will officially enter 5G commercialization, and mobile phone shipments are expected to be about 4.2 million units.
A number of mobile phone manufacturers have announced that they will launch 5G mobile phones in 2019, but the related chip performance and prices have not yet stabilized. National telecom operators are also expected to gradually launch 5G commercial services in 2020, so it is expected that the 5G market will enter after 2020. In the growth period, mobile phone shipments reached 34.9 million units; in 2021, 5G mobile phone shipments officially broke through 100 million, estimated at 136.4 million units, and gradually became the mainstream in 2022, with shipments growing to 311.8 million units. The overall market share also reached 17.3%. New Electronics
