2014 Integrated Circuits from Low-End to High-End

2014 Integrated Circuits from Low-End to High-End

The global integrated circuit industry has shown a shift from developed to developing regions. After more than ten years of self-accumulation in China's domestic integrated circuit industry, and relying on national policies to support growth at a rate much higher than the global average, it has begun to take shape, with the birth of Hass, Spreadtrum, SMIC, and Changjiang Electronics Technology (600584). , Share it) and other internationally renowned leading enterprises. Taking advantage of the rapid spread of mobile smart terminals and the huge consumer market in mainland China, China's mainland integrated circuit industry has gradually formed a demand structure of “consumer market, terminal brand merchants, chip design, wafer manufacturing, and packaging and testing”. Promote and develop together. Under the guidance of a new round of national support policies, China's integrated circuit industry will maintain a relatively rapid growth rate, and it will be driven by cheap labor force to R&D design, and from the low end to the middle and high end.

Those who have to "move" have the world. From a global point of view, the current PC industry has entered a recession period from maturity, and the growth of the integrated circuit industry has changed. It has mainly come from the pulling effect of downstream mobile intelligent terminals. The fastest-growing companies in the sub-industries ranging from design, manufacturing to packaging and testing are all focused on mobile terminal products. It is expected that this trend will continue in the coming years, and that emerging markets with medium and low-end products will grow at a faster rate.

The design industry has become the main driving force for the development of China's integrated circuit industry. Among the various sub-sectors of the mainland's IC industry, the labor-intensive packaging and testing industry started the earliest and led to the early industrial transfer. This is the source of the development of China's mainland IC industry in the past. In recent years, China's excellent design companies have grown rapidly. Orders from design companies from mainland China account for a higher proportion of manufacturing and testing companies such as SMIC and Changjiang Electronics, and the industrial chain has entered a new stage of development driven by the design industry.

The massive domestic market and the rising domestic terminal manufacturers are strong guarantees for the long-term development of China's integrated circuit industry. In 2013, the sales of integrated circuit products in mainland China accounted for more than one-third of the global market. Currently, the industry chain of “Mainland Consumer Markets - Mainland Terminal Brands - Mainland Chip Design - Continental Wafer Manufacturing - Mainland Packaging Test” has been gradually formed. Demand structure. Downstream domestic terminal brands such as China UnionPay and Xiaomi have rapidly emerged in the era of mobile terminals. In 2013, the shipment of smart phone manufacturers in China accounted for more than 20% of the world's total shipments and showed an upward trend, which will directly drive the local IC industry from designing. Industry to the full rise of the packaging and testing industry.

A new round of government support policies is expected to “plug in wings” for the development of the IC industry. The government-led support policies for the integrated circuit industry, such as the "863 Project" and "National Major Project 02," have provided strong support for China's outstanding enterprises. We anticipate that the upcoming new round of support policies will be better than ever in terms of scale and mechanism design. Our judgment policy will mainly focus on strengthening the long-term mechanism for coordinating central and local governments, and solving the IC industry investment. Funding bottlenecks, creating an ecological environment that conforms to the law of industrial development, and strengthening the degree of openness to the outside world; the policy will focus on integrated circuit manufacturing (mainly chip manufacturing) as the center and industrial funds as the means to achieve full industry chain support.

IC industry key manufacturers recommended

We recommend long-term attention to Qixing Electronics (002371, stocks) in the manufacturing process of the device, SMIC in the chip manufacturing industry, Huatian Technology (002185, stock), Jingfang Technology (603005, stock), Changjiang Electronics, And Tongfang Guoxin (002049, stocks) of chip design.

Seven Star Electronics:

The company's integrated circuit equipment was affected by the slowdown of downstream investment, and its revenue declined sharply. However, management actively optimized the product structure so that military components and components have increased substantially. Taking into account the overall development of the integrated circuit equipment industry in the future and the high entry barriers of the company’s military equipment components, the company has given its “overweight” investment rating.

SMIC:

SMIC is the largest integrated circuit chip foundry company in the Mainland. The main business is to manufacture integrated circuit chips for customers based on the integrated circuit design of the customer itself or a third party. With the development of smart phones, the demand for products of the group's differentiated technologies has become increasingly strong, especially the power management chip (PMIC), camera chip (CIS) and electronic erase-type rewritable read-only memory chip (EEPROM). To cope with the strong demand for differentiated technologies, the Group plans to expand its existing 8-inch wafer production capacity from 126,000 wafers per month to 135,000 wafers per month.

To meet customer demand for 40/45 nanometer technology, the Group plans to expand its 12-inch fab capacity in Shanghai from 12,000 12-inch wafers per month to 14,000 12-inch wafers per month in 2014. The Group also aims to start production of new products such as smart card chips and CISBSI technology in the second half of this year, with promising prospects.

Huatian Technology:

It belongs to the IC packaging and testing industry. The company's main business is the packaging and testing of semiconductor integrated circuits. The packaging capacity of integrated circuit products has rapidly increased from 1 billion in 2004 to 3 billion at the end of June 2007. It ranks third in domestic professional packaging companies.

Crystal Technology:

The world's second largest WLCSP packaging and testing service provider, the company's main business is integrated circuit packaging and testing business, mainly for the image sensor chip, ambient light sensor chip, micro-electromechanical systems (MEMS), light emitting electronic devices (LED) and other crystals Round chip size package (WLCSP) and test services. The company is the first professional packaging and testing service provider in mainland China and the second largest in the world to provide WLCSP mass production services for image sensor chips. The company's current packaging products mainly include image sensor chips, ambient light sensor chips, medical electronics devices, micro-electromechanical systems (MEMS), and radio frequency identification chips (RFID). These products are widely used in consumer electronics (mobile phones, computers, and cameras). And so on), medical electronics, electronic tag identification, security equipment and many other fields.

Changjiang Electronics Technology:

The National Engineering Laboratory for High-Density Integrated Circuit Packaging Technology jointly approved by the Changzhou Electronics Technology Institute and the Microelectronic Institute of the Chinese Academy of Sciences and Tsinghua University has been approved. The company is a well-known semiconductor packaging and testing production base in China, providing customers with a full set of solutions for chip testing, package design, and packaging testing. It is a national key high-tech enterprise and a top 100 Chinese electronics company. Based on the large-scale production of traditional IC packages, the company is committed to the research and development of high-end packaging technology.

Tongfang Guoxin:

Tongfang's wholly-owned subsidiaries Beijing Tongfang Microelectronics Co., Ltd. and Shenzhen State Microelectronics Co., Ltd. were all identified as key integrated circuit design companies in the 2011-2012 national planning layout. The company is the first listed company in China quartz crystal components industry, specializing in R&D, production, and sales of quartz crystal frequency devices and quartz crystal optical devices. The company is based on independent research and development, independent innovation, product technology has independent intellectual property rights.

National IC Support Policies Update

The first time in September last year that the country may launch an unprecedented policy of support for the introduction of integrated circuits has passed half a year. Progress cannot be said to be no, but it still seems to be far from being implemented.

The biggest progress has been that the State Council has approved the outline of the IC industry support policy in January this year, and it has been confirmed as a key support area for the new government.

It has been reported that the details of the Ministry of Industry and Information Technology's support policy has been completed, and it can be released at any time in the next month or two. Some participating companies or experts should have read the draft, but the Ministry of Industry and Information Technology's support policy only plans the field of support, and the specific implementation methods are still being planned. in.

One thing is certain is that the latest support policy will be based on equity funds. The government will set up a special equity investment fund to inject funds into the integrated circuit industry through shares and joint ventures. Of course, the previous project funds will still exist and support efforts. It's definitely bigger.

Following Beijing's introduction of a 300 billion yuan IC industry fund, Shanghai, Jiangsu, and Shenzhen will also introduce billion-dollar industrial funds, led by the government, and absorb social capital. National equity investment funds are estimated to use the same approach, may be entrusted to a national investment agency or set up a new investment fund.

However, the author got a news that the investment fund may absorb more experts as the judges. Although the government's project approval has always been an expert review, objectively speaking, the effect is not good. Many of them are far away from the industry and they are engaged in research. It is also difficult to say that the international frontier, project expert evaluation system can easily become breeding grounds for corruption. If the equity investment fund is still dominated by experts, it is even more difficult to ensure that the government’s investment receives maximum benefit. It is recommended that national investment funds introduce more entrepreneurs. As a review, even an internationally renowned investor can be introduced to ensure that funds flow to companies that can truly advance the nation’s integrated circuit.

With the forthcoming introduction of the national integrated circuit industry support fund, the integration tide of the mainland integrated circuit industry has come. After Tsinghua Unisplendour has acquired Shanghai Spreadtrum, although the acquisition of RDA has met resistance, it is believed that the hope for the merger of the two companies in the future is greater. Datang Telecom (600198, stock it) is the reorganization of Lianxin, Datang Micro and Datang Semiconductor Design Co., Ltd., a joint venture with NXP. Datang Semiconductor reported revenue of more than RMB 2.3 billion in 2013. It is also said that CEC is also integrating integrated circuits within the group. The design company, Pudong Branch Investment, has sent a privatization invitation to Shanghai. You can imagine that there will be more than US$500 million in integrated circuit design companies in the mainland in the next few years.

IC design in mainland China has developed rapidly in the past ten years, but now it has encountered bottlenecks in its development. Although there are more than ten companies that have been or will be listed, most of them face the dilemma of going public or falling, reflecting that most of the $100 million in revenue is for most of them. Mainland companies are barriers that cannot be overcome. Although consolidation and mergers and acquisitions can increase revenues, they can't really improve the level. So far, although Spreadtrum and Hassian’s revenues have exceeded US$1 billion so far, they are still far from the internationally leading US$5 billion. distant.

The bottleneck encountered by ICs in mainland China is mainly reflected in funds, patents, and talents. As a newly emerging industry, IC high-end talent is extremely scarce. Not only have you never eaten pork, you haven’t seen pigs running, and setting up branch offices overseas or directly attracting talents is The only way out, and patents are the main barriers to the internationalization and enlargement and strengthening of the integrated circuit industry in mainland China. In recent years, IC design companies in mainland China are facing more and more patent lawsuits, improving their own standards and adapting themselves to internationalization. Rules and participation in the formulation of international standards is an inevitable way.

The plight of patents and talents needs to be solved step by step. Funding dilemma should be the main problem facing the current integrated circuit industry. This is also the main reason for the country to launch integrated circuit support policies. However, there is no talent, management, and patent protection, and no more funds are sufficient. In order to ensure the improvement of China's IC industry level, the effective implementation of the national support policy is the biggest determinant, and expert system review may be the greatest risk, and it is hoped that relevant departments will pay attention to it.

With the popularity of LED outdoor screen, it is more and more used for lighting and store layout, becoming a beautiful scenery line in modern metropolis.

SMD Outdoor Fixed LED Screen features: 

1. Strong visual impact, dynamic picture and sound, all-round let the audience feel, effectively transmit advertising information to guide consumption. In the face of overwhelming advertising, memory limitations and unlimited information dissemination, the use of Led Display has become a scarce resource.

2. According to the shape of the wall, it can be straight or curved. Shape diversity creates more personalization and strong visual impact;

3. The credibility of the audience is high. Compared with the rejection and distrust of the advertising flyers artificially distributed on the street, the application of LED display makes the audience more active and passive. It can avoid the help barriers caused by the conscious active avoidance of the advertising audience, and greatly improve the credibility and promotion of the Led Screen advertising content.

4. Accurate advertising, the original extensive advertising effect is not good, resulting in waste, so it is more product content to meet the needs of the masses, hot news, hot TV and movies can be used for reference, to control the market heat and laws freely.

7


Product structure: Outdoor Led Display mainly consists of screen body, control system, heat dissipation system and structure. The control mode includes remote control and field control, timing switch, etc.

201704070838587331

SMD Outdoor Fixed LED Screen

Waterproof Led Wall Screen,Outdoor Fixed Install Led Screen,Smd Outdoor Fixed Advertising Led Display,Outdoor High Definition Smd Led Display

Shenzhen Vision Display Technology Co,.LTD , https://www.ledvdi.com