U.S. chip inventories are high, China's chip shipments are growing, and TSMC is in trouble
RF chip and analog chip manufacturers in the United States were forced to sell at a lower price due to excessive inventory, but the number of Chinese chips imported has increased rapidly, even Chinese chips are increasing rapidly, and TSMC is facing a huge transformation of international chips and is also facing new choices.
China purchased 60% of the world's chips in 2021, so China became the world's largest buyer, which had a great impact on the entire world's chip market, and in the first five months of this year, China's chip imports decreased by eleven percent to 28.3 billion, which had a great impact on the international market.
Since 2014, China has started the construction of the integrated circuit industry, and integrated circuit design enterprises have risen rapidly, and thousands of new integrated circuit design enterprises have been born in just a few yearsSince 2019, China has realized the weak links of China's integrated circuit industry and has begun large-scale integrated circuit research and development for it.
China has been buying lithography machines and other advanced instruments from all over the world, and the 1 3 that China has purchased from the lithography machine manufacturer ASML still cannot meet the needs of the Chinese market, resulting in China buying a large number of second-hand lithography machines from Japan, which is more than double that of Japan, which shows that China's semiconductor industry is in a kind of crazy growth.
With the efforts of all of us, our chip production has gone from the top five in the world to the top five in the world in 2021, on an equal footing with Japan, while the United States has fallen from third to fifth, which shows how fast our country's chip production is and how fast our semiconductor industry is, and by 2021, our chip import ratio has reached 100%. In 2021, the self-sufficiency of domestic chips has risen to 36%, and in the first five months of this year, the self-sufficiency of domestic chips has also improved greatly.
In recent years, the localization process of China's chips has been accelerating, and the shortage of chips in the world has improved in the past two years, especially the surplus of domestic frequency and analog chips in the United States, which indicates that the chip industry will usher in a huge change.
Today, China still relies on large-scale integrated circuits from foreign countries, but with the increase in China's integrated circuit manufacturing capacity, China has exported its products to overseas markets on a large scale. China's integrated circuit production rose by 19 percent in the first half of this year6%, and 19 of the world's top 20 fast-growing chips are from China, which is benefiting from chipmakers from companies such as TSMC.
TSMC (TSMC), as the world's number one foundry, accounts for 50% of the world's chip foundries, but in the first quarter, TSMC's growth rate has declined sharply, mainly because the revenue of American chips accounts for about 70% of its total revenue, and the oversupply of chips**, on the one hand, from TSMC, on the other hand, from Chinese chips, in order to ensure performance, they shifted their focus to Chinese chips, therefore, in the first quarter, the revenue of Chinese chips accounted for 11% of total revenue , which is higher than 11% of China's total chip pair annual revenue, compared to 6% for the full year of 2021 and more than 80%. In 2014.
TSMC is close to Chinese mainland semiconductor companies, and another purpose is to use Chinese chips to counter American chips, and TSMC's revenue accounts for 70% of TSMC's revenue , restricting the development of TSMC, before the United States forced TSMC to submit confidential information, TSMC was forced to accept the conditions of the United States, because the United States chip revenue accounts for most of the revenue, which will affect the company's long-term development, and China's chips will bring more revenue to it, thereby reducing the impact of American chips on it. The limited development of enterprises is not conducive to their long-term development, and China's TSMC, also known as TSMC, will bring more benefits to it, thereby reducing the impact of American chips on it.
It can be said that TSMC is currently in urgent need of chips from Chinese mainland, whether for long-term profits or to achieve profits, recently reported that Nordic companies in Nordic Europe complained that TSMC did not provide it with enough chips, and China's NavInfo also announced that they also got more chips from TSMC, which shows that TSMC's attitude towards this is more obvious than once, and TSMC is really open this time.