In the science and technology industry chain, manufacturing and other aspects, China's development is very rapid, shield machine, precision machine tools, civil aviation aircraft and other industrial chains that have been known as the crown jewel of industry have basically been broken through by China, in the hand-torn steel, large steam turbines, high-speed rail, ships and other aspects, China has also completed technological breakthroughs.
If you want to ask what fields can still be "stuck", they are basically chip semiconductors, artificial intelligence and quantum technology. After all, Biden wanted to restrict US companies from investing in China's industrial chain, and he only found that these three areas could be restricted, to be precise, it should be one and a half, half and a half.
In terms of artificial intelligence, domestic manufacturers are developing very rapidly, although there is no GPT such a world-renowned product, but such as Tencent's "mixed element" model and Huawei, Ali and other well-known manufacturers of artificial intelligence models are also very good. In terms of artificial intelligence, only AI chips are stuck.
In terms of quantum technology, China's technological development is also very rapid, and experts and scholars in the field of quantum technology in the United States have said that many of our research and development are based on Chinese research.
To put it bluntly, the most important thing we need to break through at present is the chip industry chain. If you want to manufacture an advanced 3nm process chip, you not only need to achieve the process technology, but also need EDA software and chip instruction set architecture to support chip design, and then there are lithography machines, etching machines, wafer inspection equipment and other semiconductor equipment to support production, as well as semiconductor materials such as photoresist and back-end lithography machines for packaging and testing.
At present, in terms of chip manufacturing, TSMC and Samsung are the fastest developing, and can manufacture chips with 3nm process, but this is not done independently by Samsung and TSMC, which not only needs to use ASML's EUV lithography machine, but also uses Japan's EUV photoresist and some other equipment, and the most important thing is that there are many other manufacturers' technical authorizations in the process technology.
There is no doubt that today's chip industry chain is an industrial chain with a global division of labor, and every time the chip manufacturing process achieves a leap, multiple industrial chains are needed to achieve breakthroughs. The president of ASML once said: No enterprise or even a country can independently build a complete chip industry chain, and even if there is, it is very difficult.
To put it bluntly, the development and breakthrough of China's core requires the precipitation of time and the accumulation of technology, and it is not impossible to overtake in corners as some experts and scholars say, but it is not only necessary to make technological breakthroughs, but also to have the luck of just discovering a "new road". Therefore, the most important thing for the development of China's core is to move forward step by step.
Just recently, SMIC, a well-known chip foundry company in China and one of the top five companies in the world, released its financial report data. Judging from SMIC's financial report data, its revenue in the third quarter was 11.7 billion and its net profit was 67.8 billion, revenue decreased by 106%, net profit decreased by 78% year-on-year.
Judging from this data, SMIC's performance in this quarter seems to be a little poor, but it is striking that SMIC's net profit year-on-year decline far exceeded the year-on-year decline in revenue. The reason for this situation is mainly because since entering 2023, the global consumer electronics market has continued to decline, and even the demand for chips and ** has also decreased.
*Reducing but keeping costs unchanged basically means a reduction in profit margins, and generally leads to revenues**. Judging from SMIC's revenue and net profit, SMIC's chip shipments should have increased, or remained unchanged, otherwise the data should be more ugly.
In fact, the life of the global chip industry chain is not good, and basically all chip semiconductor companies, including Samsung, Intel, and TSMC, have a certain degree of revenue and net profit. In addition to NVIDIA's revenue due to the fact that the GPU chips shipped are widely used in the field of artificial intelligence, only ASML, which is in the upstream of the industrial chain, has basically not been affected.
Judging from this data, SMIC's performance is actually very good, and it is a good performance among the chip giants, but this is also inseparable from SMIC's support from the Chinese market. Judging from the current situation, SMIC's poor performance may also be related to its investment of 170 billion yuan to build a factory that has not yet been put into production. At present, SMIC has officially announced that the construction of factories in Shanghai, Beijing and other places has been completed, and it will be ready for production soon.
There is still a lot of way to go in the development of China's chips, and as a well-known chip company in China, SMIC also needs to bear a lot of pressure and attention, but we can't be too demanding. SMIC