China's integrated circuit production has increased significantly, and it is expected to usher in the dawn of recovery in 2024
According to the latest data, China's integrated circuit production in 2023 will show an amazing growth trend, with the annual output reaching 351.4 billion pieces, a significant increase from 324.2 billion pieces in 2022. This growth not only highlights the resilience and vitality of China's semiconductor manufacturing industry, but also highlights China's rise and influence in the global semiconductor industry.
Although the semiconductor market demand in the first quarter of 2024 is still sluggish, the market generally expects that the semiconductor market is expected to usher in the dawn of recovery in the second quarter as the global economy gradually recovers. In its latest report, market research firm Trendforce pointed out that although the outlook for end-customer orders remains uncertain, foundry inventory levels are expected to improve in the second quarter of 2024 and gradually return to a healthy balance.
In terms of exports, although China's integrated circuit exports will decline in 2023, the decline in export value will be more significant. This reflects the challenges faced by China's integrated circuit industry in terms of exports against the backdrop of fluctuations in the global semiconductor market. However, analysts believe that this does not mean that China's integrated circuit industry has lost its international competitiveness, on the contrary, it is a kind of adjustment and optimization shown by China's industry in the face of a complex and changeable market environment.
According to **, the growth rate of China's chip industry is expected to reach 12% in 2024. Among them, the wafer foundry market demand as a whole showed a positive trend of recovery, with an increase of 9%, while the growth of semiconductor equipment is expected to be 96%。In addition, the performance of different app markets will also be differentiated. For example, the automotive electronics market and the industrial electronics market are expected to grow at a high rate, while the computing market is growing relatively slowly.
The global semiconductor industry is also expected to gradually recover in 2024, with a growth rate of more than double digits, and the market size will exceed $600 billion. However, the overall growth momentum of market demand is limited, especially in the fields of foundry manufacturing, automotive semiconductors, analog chips and power semiconductors. In addition, as advanced technology enters the Angsm era, new technologies such as backside power supply and GAA architecture will face mass production tests, while 3D packaging technology will continue to evolve.
The top six companies in the main net of chip concepts
Fortune Federation of IndustriesTake 6The amount of 0.5 billion topped the list. The company's main business covers cloud computing, communication mobile network equipment and high-end precision structural parts, industrial Internet and other fields. Actively promote the two-wheel drive strategy of "high-end intelligent manufacturing + industrial Internet" and "big data + robots", focus on emerging industries such as semiconductor ecology, new energy vehicle parts, big data and robots, and increase investment in semiconductors, and improve the horizontal layout of industries such as chip design, semiconductor manufacturing, advanced packaging and testing, high-end precision testing and automation equipment.
SugonTake 3The amount of 2.9 billion followed. The company's main business is the R&D and manufacturing of high-end computer, storage, security, and data center products, and actively develops digital infrastructure construction, intelligent computing and other businesses. In the field of artificial intelligence computing, the company has a complete product line that supports a variety of chips suitable for different application scenarios. Actively promote the deep integration of multiple computing modes such as high-performance computing, big data, cloud computing, and deep learning.
Huagong TechnologyTake 2The amount of 9.3 billion ranked third. The company focuses on intelligent manufacturing equipment business, covering laser processing technology, information and communication technology and sensitive electronic technology. The subsidiary, Huagong Zhengyuan, is one of the leading optical chip basic enterprises in China, with a complete process line and a rich reserve of technical talents. In the future, HGZG will innovate the three core technologies of high-speed optical modules, including high-speed passive chips such as lasers and detectors, high-speed modulation chips PLC AWG, etc.
MediumInnolightTake 2The amount of 7.2 billion ranked fourth. The company focuses on the R&D, production and sales of high-end optical communication transceiver modules and optical devices. With the ability to independently develop silicon photonics chips, we can adapt to the development trend of silicon photonics technology in the future and continue to provide customers with better silicon photonics solutions.
AccelinkTake 2The amount of 3.7 billion ranks fifth. As the world's leading supplier of optoelectronic devices and subsystem solutions, we specialize in the research and development, production, sales and technical services of related products. At present, the self-sufficiency rate of the company's 10G chips is about 90%, and the self-sufficiency rate of 25G chips is about 70%, which helps to improve the gross profit margin of the company's module products.
Shanghai Electric Co., LtdTake 2The amount of 3.7 billion is tied for fifth. The company's main business is the production, sales and related after-sales service of various printed circuit boards. The products are mainly used in communication equipment, data center infrastructure and automotive electronics, as well as industrial equipment and semiconductor chip testing. As one of the largest and most technologically strong PCB manufacturers in China, the company has a printed circuit board production capacity of 1.6 million square meters.