Restrict further upgrading! The United States threatens to cut off Huaweis chip industry chain

category:Finance
 Restrict further upgrading! The United States threatens to cut off Huaweis chip industry chain


Although the U.S. has extended its temporary license to Huawei for the sixth time, the Bureau of industry and security (BIS) under the U.S. Department of commerce still issued an official statement, which will strictly restrict Huaweis use of U.S. technology, software design and manufacturing of semiconductor chips to protect U.S. national security and cut off Huaweis attempts to break away from U.S. export control.

The latest move by Huawei and Huawei shows the clue of decoupling from Chinas high-tech field. In response to this US restriction upgrade,

Just a day ago, on May 15, TSMC officially announced on its official website that it planned to invest 12 billion US dollars to build and operate an advanced wafer factory in the United States. According to the financial times, the U.S. Department of Commerce insists that TSMCs visit to the United States to build a factory has nothing to do with the U.S. restrictions on Huawei. However, there are still many associations.

Domestic chip leader supported by big fund

Under the heavy encirclement, the continuous rise of China core industry can not be ignored. At the beginning of May, the news of SMIC returning to a also attracted a wave of market shock. As the leader of semiconductor industry, SMICs return will undoubtedly improve the companys cash flow situation and benefit from the semiconductor localization dividend transferred from OEM orders to China. It also means,

In the near future, the domestic chip manufacturing leader, SMIC, has been benefiting from the international market. According to the latest announcement of SMIC, China national integrated circuit fund and other parties agreed to invest US $1.5 billion and US $750 million respectively in SMIC south. Following the announcement of IPO on science and technology innovation board, SMICs latest results are outstanding. Under the background of relatively bleak electronic industry, SMICs first quarter revenue reached US $905 million, a year-on-year increase of 35%, a record high quarterly revenue; its net profit attributable to the parent company was US $64 million, a year-on-year increase of 422.8%. As a result, the latest market value of the company has exceeded 100 billion Hong Kong dollars.

As a domestic chip leader, SMIC, which companies are in the upstream and downstream of its industrial chain? According to the Research Report of securities companies and listed companies, Dabao has compiled a list of chip industry chains, among which North Huachuang, middle and micro companies, NANDA optoelectronics, huiding technology, Zhaoyi innovation, Weil Co., Ltd. have laid out multiple links of the industry chain. See the following table for the specific list:

Leading chip supply in the U.S., huge space for domestic substitution

In recent years, the United States has repeatedly sanctioned leading technology companies in various fields including artificial intelligence, 5g, security technology, chips and so on through various means. The pain of lack of core of Chinas science and technology has also caused industry concerns from time to time. According to statistics of Guoxin Securities, US chip companies still dominate the whole chip market in 2018, accounting for more than 50% of the global market share. The second place is South Korea, with a total market share of 26%. Japan, third, has a total market share of 7%.

The total market share of mainland China is only 3%. 2018 of the top ten companies in the global fabless chip design company, the United States has 6, and China only has Hass, and China has 3 Taiwan.

From the demand of chips, the Asia Pacific region accounts for 60% of the market demand. First, Japan, Korea, mainland China and Taiwan China have many downstream industries of IC, which are global factories. Two, the Asia Pacific region has a large population and large demand for electronic equipment market. Compared with the huge chip demand in China, the share of domestic chips seems to be in short supply.

On May 14, Wuxi high tech Zone signed a strategic cooperation agreement with ASML to expand and upgrade the technical service base of lithography equipment (Wuxi). ASMC, headquartered in the Netherlands, is a global leader in chip manufacturing equipment and a leader in chip lithography technology.

After the completion of the project, the service capacity will be further improved to better meet the development needs of the local IC industry and help customers to continuously improve the chip value while reducing the manufacturing cost. In the view of some insiders, at present, Chinas integrated circuit industry is in an extraordinary period. The introduction and expansion of ASMC lithography equipment technical service (Wuxi) base is of great significance. ASMC has core technology. Through strong cooperation between the two sides, accelerating the expansion project of ASMCs lithography equipment base will help accelerate the strong chain, supplement chain and extension chain of Wuxis integrated circuit industry, and further promote the development of Chinas integrated circuit industry to headquarters and high-end. Judging from the past performance, despite frequent U.S. moves, semiconductor companies in the capital market have not been greatly affected. In recent years, under the background of domestic substitution and policy support, A-share chip company has gone out of a round of magnificent technology bull market. Data treasure statistics shows that in the past five years, chip concept stocks, such as Zhaoyi innovation, Weil, Shengbang, Zhichun technology and Zhuosheng micro, have increased by more than 10 times, becoming one of the stocks with the highest growth rate of a share in the same period. Statement: all information content of data treasure does not constitute investment advice. The stock market is risky and investment should be cautious. Source: databao Author: Liang Qiangang, editor in charge: Wang Xiaowu, NF

After the completion of the project, the service capacity will be further improved to better meet the development needs of the local IC industry and help customers to continuously improve the chip value while reducing the manufacturing cost. In the view of some insiders, at present, Chinas integrated circuit industry is in an extraordinary period. The introduction and expansion of ASMC lithography equipment technical service (Wuxi) base is of great significance. ASMC has core technology. Through strong cooperation between the two sides, accelerating the expansion project of ASMCs lithography equipment base will help accelerate the strong chain, supplement chain and extension chain of Wuxis integrated circuit industry, and further promote the development of Chinas integrated circuit industry to headquarters and high-end.

Judging from the past performance, despite frequent U.S. moves, semiconductor companies in the capital market have not been greatly affected.

In recent years, under the background of domestic substitution and policy support, A-share chip company has gone out of a round of magnificent technology bull market.

Data treasure statistics shows that in the past five years, chip concept stocks, such as Zhaoyi innovation, Weil, Shengbang, Zhichun technology and Zhuosheng micro, have increased by more than 10 times, becoming one of the stocks with the highest growth rate of a share in the same period.

Statement: all information content of data treasure does not constitute investment advice. The stock market is risky and investment should be cautious.