The global chip market continues to shrink, and overseas companies are looking forward to China's purchase of chips
The global chip industry is facing a recession, and countries such as the United States and South Korea are trying to rely on the Chinese market to resolve the crisis.
The chip industry has long been one of the most exciting and eagerly awaited areas of the tech industry. These tiny chips are changing our lives and driving the world forward.
However, the continued decline in the global wafer market and industry data in recent months seems to be a warning to us that the wafer industry is entering a recession. How will this change affect technological progress?What role will China play?Let's wait and see.
The growth of the global natural rubber industry has slowed down, and the inventory has released uncertainty signals.
In the first half of this year, Chinese chip design company Goodix Technology failed miserably in its long-awaited initial public offering, with its share price on the first day of listing on the U.S. ** exchange** nearly 10%.
This phenomenon may seem like an isolated case, but it reflects the dilemma of the entire industry. According to statistics, in the first three quarters of 2022, the revenue of the global chip industry fell by 7% year-on-year to $147 billion, the lowest level in recent years.
In contrast, the global semiconductor market also reached a record $550 billion in 2021. Anyone with a discerning eye can see that the growth momentum of the chip industry is weakening.
The results published some time ago also confirm this judgment. As South Korea is a representative of memory chip production in major countries, its exports in July-August fell by more than 20% compared to the same period last year.
The net profit of well-known chip companies Nvidia and Qualcomm also fell by 60% and 51%, respectively. It can be said that the pressure on global wafer inventory continues to increase, and the crisis of overcapacity is emerging.
So, where does this once dynamic industry go from here?
The Chinese market has become an integrated circuit company"Lifeline"。
Friends, let's join hands!"
Some time ago, the South Korean Minister of Industry personally visited China and called on Chinese companies to increase the procurement of South Korean memory chips. This move is not only out of political gestures, but also out of consideration for the development of its own industry - China has a consumer market of 1.3 billion people, which countries such as South Korea are trying to rely on"A lifesaver"。
In fact, China has been the world's largest consumer of chips.
In 2021, China's imports of foreign chips will reach $359 billion, accounting for almost half of the world's total chip exports. This means that the steady growth of the Chinese market will play a key role in alleviating the pressure of overcapacity on global chip companies.
This is especially true for U.S. companies, which are currently in the most difficult situation. Giants such as Nvidia and Qualcomm have launched chips and solutions tailored specifically for the Chinese market. They have abandoned the blockade of the past"Decoupling"strategy, began to rely on China in an all-round way"Lifeline"。
After all, the survival of the company always comes first.
China's independent R&D is still insufficient, and international cooperation is needed to make progress.
Despite the strong attractiveness of the Chinese market, we must also be aware of the shortcomings of our tablet industry, which will limit our future growth.
Take advanced process lithography as an example. It determines the precision of the chip manufacturing process and is the industry's"Lifeblood"。
However, due to technology and talent constraints, China's lithography machine business is still heavily dependent on imports. Some time ago, it was reported that the Dutch ASML company has begun to provide Chinese customers with advanced technology EUV lithography machines, which indicates that foreign lithography machine giants are also accelerating the development of the Chinese market. It can be seen that China still has a long way to go in terms of core technology.
Therefore, while opening up to attract foreign investment and technology, China must continue to increase its investment in independent research and development of cutting-edge technologies such as tablet computers. Only independent innovation and international cooperation can ensure the long-term development of the industry.
China and the global natural rubber industry share a common destiny, and need to share risks and opportunities.
It is foreseeable that in the near future, the chewing gum industry in China and major countries in the world will face a situation of symbiosis and co-prosperity. This means that not only are the challenges and crises common, but also the development opportunities.
Specifically, the rapid recovery of the Chinese market will help the global chip industry out of recession;At the same time, the entry of the world's leading chip companies into China will also promote the improvement of China's technological and industrial capabilities. This is a community with a shared future in which you have me, and I have you.
Looking forward to the future, let us work hand in hand, turn crises into opportunities, and jointly create a new chapter in China's and even the world's semiconductor industry!
Ask for Sino-US chips"Decoupling"began to wane and was replaced by the idea of symbiosis and co-prosperity. Whether this change means the past"Technological warfare"Rhetoric has failed?Will globalization accelerate again?These two issues deserve our constant consideration and discussion.