Integrated circuitsAs an indispensable core component of modern society, its importance cannot be overstated. According to a recent report, China's January-November 2023Integrated circuitsImportsThe number and amount have decreased, which has sparked a global debateChipsPay attention to industry trends. However, this decrease is not due to a decline in domestic demand, but to domesticChipsThe result of capacity ramp-up and domestic substitution. This article will focus on **Chinese chipsImportsThe reasons for the decrease and its impact on U.S. companies, and analyze the improvement and development of China's chip production capacity.
According to statistics, from January to November 2023, China'sIntegrated circuitsImportsThe number decreased by more than 60 billion, a year-on-year decrease of 121%；ImportsThe amount decreased by $62.6 billion, a year-on-year decrease of 165%。However, this does not mean a decline in domestic demand, but domestic productionChipsThe result of an increase in self-sufficiency. According to the data of the National Bureau of Statistics, from January to October 2023, domesticIntegrated circuitsProduction increased by 09% to 2765300 million. This illustrates the domesticChipsProduction is constantly increasing, large-scale domestic substitution is carried out, which reduces pairsImportsChipsneeds.
1. The improvement of the self-sufficiency rate of domestic chips
With China inChipsContinued investment and technological progress in the field, domesticChipsThe gradual increase in production capacity has promoted domestic productionChipsThe self-sufficiency rate is constantly increasing. In recent years, China has vigorously promotedSemiconductor industrydevelopment, encourage scientific research institutions and enterprises to increase investment in research and development, improve the ability of technological innovation. At the same time, for domesticChipsEnterprises, ** have also introduced a series of support policies, including financial subsidies, tax exemptions, etc., to make domestic productionChipsIt has been competitive in terms of performance, quality and quality. This makes China a country with a high self-sufficiency rateChipsmarket, reduced pairsImportsChipsdependence.
2. Domestic substitution is accelerating
In addition to independent research and development to improve self-sufficiency, China is also vigorously promoting the process of domestic substitution. On the one hand, China has increased the introduction and transformation of technology in key areas, and encouraged domestic enterprises to cooperate with foreign capital to introduce advanced onesChipsproduction equipment and technology, upgrading domesticChipsCompetitiveness of the industry. On the other hand, ** has also increased domesticChipsThe support of enterprises will promote the process of domestic substitution through policy guidance and market cultivation. The implementation of these measures has made more and more domestic productionChipsAble to replaceImportsChips, further loweredChipsImportsQuantity.
3. Impact on U.S. companies
Chinese chipsThe process of capacity ramp-up and domestic substitution for the United StatesChipsBusinesses have had a major impact. Since the United States in the worldChipsThe market has a share of about 50%, thereforeChinese chipsImportsThe decline has directly affected the performance and market share of U.S. companies. Since the beginning of this year,Chinese chipsThe industry is constantly expanding, rightSemiconductorsequipmentImportsDemand has increased significantly, and the revenue of Chinese manufacturers such as ASML, Lamresearch, and KLAC has shown a significant growth trend, of which the revenue from China accounts for more than 40%. This shows that China is introducing it in large numbersSemiconductorsequipment, for the liftChipsThe production capacity is fully prepared.
In order to achieveChipsThe increase in self-sufficiency rate and the decrease in pairsImportsdependence. Chinese chipsThe increase of production capacity has become a top priority. According to agency data, at present, the domestic has been builtFabsOf the 44, 22 are under construction and 10 more are planned. theseFabswill beChipsThe industry provides solid support and guaranteesChinese chipsIt can meet the needs of the domestic market.
1. Guidance and policy support
China** forChipsThe development of the industry attaches great importance to it and is promoted through a series of policies and guiding measuresChipsIncreased production capacity. In addition to measures such as financial subsidies and tax exemptions, ** has also increased support for scientific research institutions and enterprises, encouraging them to increase R&D investment and improve their technological level. The implementation of these initiatives is for:ChipsThe increase in production capacity provides a good environment and conditions.
2. Technological innovation and cooperation and sharing
Chinese chipsIn the process of development, the industry actively promotes technological innovation and strengthens exchanges and sharing with international cooperation. Through the introduction of advancedChipsProduction equipment and technology, learn from foreign advanced experience and conceptsChinese chipsEnterprises can quickly improve their production capacity and technical capabilities, and narrow the gap with international leading enterprises. At the same time, strengthen the cooperation with the internationalChipsThe cooperation of enterprises can not only effectively improveChipsquality and performance, but also benefit from market expansion and technological innovation.
3. Coordinated development and improvement of the industrial chain
Chinese chipsThe development of the industry is inseparable from the coordinated development with other related industriesIndustrial chainof perfection. Under the guidance of **,Chinese chipsEnterprises and equipment manufacturers, material suppliers, etcIndustrial chainUpstream and downstream enterprises have strengthened cooperation and formed a close industrial coordination network. This not only helps to improveChipsR&D and productionEfficiency, but also able to reduce costs, improveMarket competitionForce.
Chinese chipsThe market is changing not only domesticChipsThe result of the increase in production capacity is also the successful implementation of the domestic substitution strategy. Through the guidance and support of **Chinese chipsEnterprises continue to increase R&D investment and technological innovation efforts to improveChipsself-sufficiency, reduced toImportsChipsdependence. At the same time, China has stepped upSemiconductorsequipmentImportsand domesticFabsThe construction for the promotionChipsCapacity and retentionMarket competitionForce is ready. This series of measures is not only rightChinese chipsThe industry is of great significance, and also to the United StatesChipsBusinesses present challenges. FaceChinese chipsWith the development and rise of the market, U.S. companies need to strengthen technological innovation and market expansion to improve their competitiveness in order to maintain their leading position in the global market.