China's IC design industry has its ups and downs,

2022-06-23
  • Detail

China's IC design industry has its ups and downs, so it is necessary to be vigilant against multiple marriages of one woman Abstract: it is understandable that local governments have set up industrial development funds and built integrated circuit industrial parks, but in fact, many places lack fund managers and qualified park managers. Local governments have issued preferential policies for the integrated circuit industry, which can only be more preferential than others. They regard the integrated circuit industry development fund as a tax subsidy, Blind introduction of integrated circuit enterprises

according to the statistics of China Semiconductor Industry Association, the sales volume of integrated circuit industry in Chinese Mainland in 2016 was 433.55 billion yuan, a year-on-year increase of 20.1%. Among them, the sales volume of IC design industry was 164.43 billion yuan (at the 2016 IC design annual meeting, Professor weishaojun, chairman of the design branch, estimated that it was 151.8 billion yuan), a year-on-year increase of 24.1% and continued to maintain a high growth rate; Manufacturing sales reached 112.69 billion yuan, a year-on-year increase of 25.1%, driven by the full production and expansion of domestic chip production lines); The sales volume of packaging and testing industry was 156.43 billion yuan, a year-on-year increase of 13%. According to customs statistics, in 2016, the import of integrated circuits was 342.55 billion pieces, a year-on-year increase of 9.1%; The import value was US $227.07 billion, a year-on-year decrease of 1.2%. 181.01 billion pieces of integrated circuits were exported, a year-on-year decrease of 1%; The export value was US $61.38 billion, a year-on-year decrease of 11.1%

I. the output value of the design industry exceeded that of the packaging and testing industry for the first time

according to the statistics of the China Semiconductor Industry Association, the sales volume of the whole design industry in China reached 164.43 billion yuan in 2016, an increase of 25.61% over the 13.5 billion yuan in 2015 (at the Changsha ICCAD Summit Forum in 2016, Professor weishaojun, chairman of the IC design branch of the China Semiconductor Industry Association, estimated that it was 151.852 billion yuan, an increase of 23.04% over the 123.42 billion yuan in 2015), and surpassed the packaging and testing industry for the first time, becoming the design No. 1 in the three industries of manufacturing, sealing and testing

the proportion of design industry, manufacturing industry and packaging and testing industry in the world's integrated circuit industry is 3:4:3. According to the data in Table 1, the proportion of China's semiconductor design industry, manufacturing industry and packaging and testing industry is not coordinated, and the proportion of manufacturing industry is seriously low

in the development process of China's semiconductor industry, the packaging industry has accounted for more than half of the total income of China's semiconductor industry for many years. In recent years, the design industry and manufacturing industry have been vigorously developed, maintaining a high growth rate of more than 20%

Table 1. Growth and changes of China's IC industry from 2012 to 2015

according to the above data released by the China Association for the development of industrial design, the output value of the design industry also exceeded that of Taiwan, China's IC design industry for the first time. According to the statistics of TSIA and IEK, the total sales of Taiwan's IC design industry in 2016 was NT $653.1 billion (equivalent to RMB 140.815 billion at the exchange rate of RMB to NT $4638)

II. The concentration of IC design industry has increased, but there are worries in the happy period

in 2016, the overall operation of China's design enterprises continued to improve, and the advantages of leading enterprises were more obvious. The following table gives the latest ranking of China's top ten IC design enterprises in 2016 (data source: ICCAD 2016 report of chairman Wei Shaojun). It can be seen from the table that in 2016, the total sales of the top ten design enterprises reached 7015 billion yuan, accounting for 46.11% of the total sales of the whole industry, an increase of 2.32 percentage points over the 43.79% of the previous year, maintaining the trend of steady improvement in the past few years

however, compared with the concentration of nearly 90% in the United States and more than 80% in Taiwan, China, our concentration of 46.11% is obviously low, and there is still much room for improvement

(ranking of the top ten design companies in this table, Wei Qingchang only published the revenue data in ICCAD 2016, but did not provide the specific company name. The company name was filled in the blank after the author communicated with local associations)

the comparison found that the RMB 7015 billion in 2016 increased by 15.968 billion yuan compared with the RMB 5447 billion in 2015, with an astonishing increase of 29.54%. But after analysis, it is found that this figure is probably worth interrogating

it can be seen from the above table that the third and ninth place are respectively Howell Technology (OV) and core technology (ISSI). As we all know, Howell Technology (OV) and core technology (ISSI) acquired by Qingxin Huachuang and wuyuefeng capital returned and settled in Beijing in 2016 (they will be merged into two listed companies, Junzheng and Zhaoyi innovation respectively), and their total revenue is 11.3 billion yuan, accounting for 16% of the top ten; If the 11.3 billion yuan is excluded, the annual growth rate of China's IC design industry will be less than 20%

at the same time, behind the top ten large and medium-sized enterprises, Hisilicon semiconductor, ZTE microelectronics and smart chip microelectronics are Huawei Technology, ZTE and Guodian. All these rich fathers have a great impact on the revenue of their subsidiaries

from table 4, we can see that the communication field is the key field of China I to measure C design company with a dial indicator based on two force pillars. In 2016, the total revenue of this field reached 68.84 billion yuan, accounting for 45.33% of the overall revenue of IC design, while the revenue of Hisilicon, Ziguang zhanrui and ZTE micro electronics reached 44.5 billion yuan, accounting for 64.64% of the communication field

from table 4, it can be seen that there has been a sharp decline in the three major fields of simulation, power and navigation, which is inconsistent with the performance of Chinese IC design companies in the market

therefore, the data in Table 4 may not have annual comparability, but have different reference values to a certain extent. The reason is due to the change of data submission personnel or the change of the company's product revenue settlement caliber when each company submits data

III. The innovation ability of design companies is not strong.

professor weishaojun, chairman of the IC design branch of China Semiconductor Association, stressed in his speech at the ICCAD 2016 summit forum that although China's integrated circuit design industry has made great development and the industrial scale has been growing, the overall level is not high, which has become the primary challenge facing the industry

specifically reflected in three aspects: first, problems such as "the overall technical level is not high, the core product innovation is not strong, the enterprise competitive strength is not strong, and the traces of barbaric growth are obvious" still exist, and the deep-seated contradictions affecting the sustained and high-speed development of the design industry have yet to be alleviated. Second, the level of mainstream products is not high. The product range of China's chip design industry has covered almost all categories. The shipment volume is not small, but the product unit price is very low; Although some products have a certain market scale, they are still in the middle and low end on the whole, and cannot compete with foreign products in the high-end market; A few products whose technical performance has reached the level of international peers cannot form a scale due to factors such as cost. Third, the innovation ability is not strong. It always shows the traces of innovation for innovation. Resource Oriented Innovation is obvious, and market-oriented innovation is insufficient

the author has talked with the bosses of many design companies. Everyone is aware that the terminal goal of IC design industry must be extended. It is necessary to combine with other industries and take the road of big electronics. We should not only focus on the stock market, but also pay attention to using innovative products to develop and occupy the incremental market

the microelectronics industry in today's developed countries has already penetrated into all walks of life in the national economy. The internal market of the traditional electronic industry is limited and the competition is fierce. There is often a "swarm" phenomenon when the other end of the test piece is inserted into the movable collet and then clamped. However, the external market is broad. The microelectronic industry has a strong penetration. Almost all traditional industries will be rejuvenated as long as they are combined with microelectronic technology and intelligentized with chips

IV. the value of design companies is falsely high professor weishaojun, chairman of the IC design branch of China Semiconductor Association, said in his speech at the ICCAD 2016 summit forum that with the establishment of the National IC industry investment fund and the increase of social capital's investment in the IC industry, some design enterprises are blindly increasing their own value. Investors complain about this, and some projects that were originally optimistic have to be abandoned, This will affect the industrial integration being promoted

the author once brokered a capital acquisition in early 2014. In February, 2014, the two sides began to contact. By the end of May, the two sides reached an intention. As a result, the promotion outline was issued in June, and the design company immediately proposed a price ten times the agreed price. The management could not communicate at first sight and gave up; As a result, due to the influence of funds, the design company was acquired by another capital at half of the original agreement price in march2015

another company was short of funds. The author introduced several investment companies, but the valuation difference between the two sides was an order of magnitude, so the company was closed in September 2016

the high P/E ratio of IC stocks in China's stock market is no longer discussed. Because I sincerely hope that the design company will put its position in the right place and not open its mouth to the lion. There are many industrial heroes, and capital can be as bright as the West and as bright as the East

v. be wary of "Marrying more than one woman" to prevent quantity from losing quality

with the establishment of the National IC industry investment fund and the increase of social capital investment in the IC industry, China's IC industry has ushered in a new round of adjustment and development, and the growth of chip design companies is even more amazing. Chairman Wei said at the ICCAD 2016 summit forum that 1362 IC design companies were counted in 2016, an increase of 85.1% over 763 in 2015

the author believes that the reason for such an amazing growth rate is the evil result of "one woman marries many times". We must be vigilant against "one woman marries many times"

the state has planned several major chip industry bases in Beijing, Shanghai and Wuhan in order to avoid resource dispersion. However, most cities do not care about the local actual situation. Many second - and third tier cities in China have set up integrated circuit industry development funds. According to incomplete statistics, the integrated circuit development funds in various regions have exceeded 300billion

it is understandable that local governments have set up industrial development funds and built integrated circuit industrial parks, but in fact many places lack fund managers and qualified Park principals. Local governments have issued preferential policies for the integrated circuit industry, which can only be more preferential than others. They regard the integrated circuit industry development fund as a tax subsidy and blindly introduce it to integrated circuit enterprises. In order to enjoy the preferential tax policies of other local governments, the phenomenon of "one woman marrying more" has emerged, which leads to the fact that Chinese IC design companies have quantity but not quality

for example, a design company in s city has set up multiple branches in B, t, X and N, while a company in Z City has also set up multiple branches in s, B and C. as a result, the original company in S and Z City has twoorthree or even ten more companies because its R & D and branches are located in different cities; In the past two years, many design companies in city B have also successively established second - and third tier urban design branches in City h and city C. City h has signed more than 20 design companies at one time. I don't know how such investment promotion can promote the industry

in fact, most of these branches are at best sales or after-sales support organizations, which do not have the conditions for research and development. In addition, the second and third tier cities do not have the conditions to attract high-level people and have a negative impact on the overall marine environment

the author learned that after these design companies received subsidies or tax incentives from local governments, a considerable number of companies did not increase investment in research and development, but went to a price war, thus strangling some start-ups

although it is said that "natural selection, survival of the fittest", this may have an incalculable adverse impact on the industry

the author hopes that local governments can小宝宝厌食怎么办
勃起障碍
京万红
经血少可以喝葵花益母草颗粒

Copyright © 2011 JIN SHI