15 billion dragon! 5g giant clarifies: not the chip shareholder

category:Finance
 15 billion dragon! 5g giant clarifies: not the chip shareholder


Just been fried, the value of ZTE ah stock market has increased by 15 billion yuan in the last two days, of which H shares soared 21.98% on June 18.

Just clarified: design chip non manufacturing chip

On June 20, ZTE issued a clarification statement, saying that in recent years, a number of self media aimed at the mass production of ZTEs 7Nm chips, the information that 5nm chips began to import was misread, and some reports were inconsistent with the facts, causing trouble and impact on the normal operation of the company.

ZTE said that in the field of chip design, ZTE focuses on the design of communication chips and does not have the ability of chip production and manufacturing. In terms of chip production and manufacturing, we rely on global partners for division of production.

The original text of the clarification statement is as follows:

We have noticed that in recent years, a number of self media have targeted at ZTEs mass production of 7Nm chips, the information that 5nm chips began to import has been misread, and some reports are inconsistent with the facts, which has troubled and affected the normal operation of the company.

Stock price riots: market value soared by 15 billion yuan in two days

On June 17, ZTE said on the interactive platform that the company has the ability of chip design and development, with 7Nm chip scale mass production, which has been commercially used in the global 5g scale deployment, and 5nm chip technology is being imported.

In response to the stock price riots on the 18th, ZTE insiders responded to the securities times u00b7 e company reporter that everything was normal and there was no event that might affect the stock price. For the news that ZTEs 5nm chip is being imported into the technology in interactive e-commerce on the 17th, the company said that the relevant information is not new, and the companys 2019 annual report has been disclosed.

On the morning of June 19, ZTE will hold the 2019 annual general meeting of shareholders. At the general meeting of shareholders, the president of the company also said that the company focuses on the design of communication chips and relies on the global supply chain for manufacturing.

For the design and development of chips, Xu Ziyang, President of ZTE, said that in terms of chips, the company will still focus on communication proprietary chips. Of course, on general chips, ZTE also welcomes partners to join the supply chain.

For 5g technology, Xu Ziyang said that ZTE has always been committed to innovation of 5g technology, continued to strengthen R & D investment in chips, algorithms, core technologies, architectures, etc., and built core competitive advantages at multiple levels such as standard patents, key technologies, product safety, etc.

5g share exceeds 4G and 6G is under study. Overall, the companys market share in 5g will exceed 4G, Xu said Xu Ziyang said that the company is committed to building faster and faster networks, more and more accurate clouds, and more and more diverse terminals, and the company is full of confidence in 5g.

Xu Ziyang also said that ZTE has allocated professionals from 5g team to form 6G team, and is conducting research on 6G key technologies, etc. 6G business model will appear in 2030, although there is still ten years in the middle, ZTE will work in silence.

Zhongxin international is the most advanced chip manufacturer in mainland China. At present, the chip technology level is also 14nm. Therefore, from the perspective of production and manufacturing, ZTE, as a 5g enterprise, is unlikely to surpass Zhongxin international in manufacturing more advanced 7Nm chips and 5nm chips.

SMIC international lightning will cause concern. On June 19, SMICs initial application for science and technology innovation board passed smoothly. It took only 19 days from acceptance to meeting, setting the fastest record of science and technology innovation board company at present. At the same time, SMICs proposed fundraising of 20 billion yuan also set a new high for the technology innovation board company.

SMIC is the largest and most advanced wafer foundry in mainland China, providing wafer foundry and technical services for different technology nodes from 0.35 u03bc m to 14 nm. Wafer, generally speaking, is the basic raw material for making chips. Wafer foundry industry is specialized in semiconductor wafer manufacturing and manufacturing, which is commissioned by other chip design companies, with high capital and technical barriers.

In terms of industry structure, only TSMC, Intel and Samsung can provide advanced process technology (corresponding to Intel 10nm) of 7Nm and below. According to the research of Tuopu industry, in 2019, TSMCs market share of advanced process is 52%, Intels market share is about 25%, Samsungs market share is about 23%. In 2019, SMIC achieved 14nm technology level, lagging behind TSMC 2-3 generations, and is in the technical catch-up.

According to the prospectus of SMIC international, the companys newly issued 1.69 billion shares, with a financing scale of 20 billion yuan. The raised funds are planned to be invested in the ongoing 12 inch chip SN1 project (8 billion yuan), advanced and mature technology research and development project reserve funds (4 billion yuan), and replenished working capital (8 billion yuan).

At present, only 14 nm chips are produced in SMIC, and the 5 nm chips with higher process have not yet overcome the technical difficulties. This may be an important reason for SMICs international speed of light conference, to accelerate the speed of fund-raising and realize the accelerated catch-up in technology.

Source: Yang Bin, editor in charge of China Fund News_ NF4368