A chip is a silicon wafer containing an integrated circuit, which is small in size and is often part of a computer or other electronic equipment, and its essence is an integrated circuit made on a semiconductor substrate that can achieve a series of specific functions. Generalized chips include integrated circuits, sensors, discrete devices, and optoelectronic device products, and narrow chips refer to integrated circuits.
Integrated circuit (IC) is also known asMicrocircuits, microchips, chips, is a miniature electronic device or component.
Semiconductor refers to a material with conductive properties between conductor and insulator at room temperature, and the common semiconductor material is silicon.
Introduction to the main subdivisions of chips
A chip is a kind of miniature electronic device or component, which belongs to one of the semiconductor devices, and there are three main subdivisions:
a. Analog chip
An analog chip is a chip that processes analog electronic signals and is used to generate, amplify, and process analog signals in the form of continuous functions (egSound, light, temperatureetc.), which is the key link between the real and the virtual. There are a wide range of analog chip products and a wide range of applications, such as:RF Wireless, Operational Amplifiers, Analog Multipliers, Frequency Converters, Filters, Power Managementand other chips.
According to data from the Global Semiconductor Statistics Organization, from 2013 to 2020, the global sales of analog chips increased from 401$1.7 billion to $55.6$5.8 billion, with a compound annual growth rate of 479%。According to ICIsSights, the global analog chip market size was 741$3.1 billion, and ** analog chips are expected to grow the strongest in the major chip segments in the next five years, with a compound annual growth rate of 74%, exceeding the compound growth rate of the overall chip market by 68%；In 2022, the global analog chip market size grew to 796$1.7 billion, up 740%。According to **data, global analog chip sales will reach 986$3.2 billion.
In the field of communication, RF devices are the core components to realize the communication functions of mobile phones and various mobile terminals. In recent years, the number of 5G base stations and the penetration rate of 5G equipment in China have increased rapidly, and according to the data of the Ministry of Industry and Information Technology, the number of new 5G base stations in China will exceed 88 in 202270,000, and a total of 231 5G base stations have been built and opened20,000, and the number of 5G mobile** users reached 56.1 billion households.
Due to the rise in the frequency band of 5G, switching from 4G to 5G, the number of antennas for communication equipment has increased, and the number of RF devices has increased significantly. Therefore, as an important core component in 5G communication, the market demand for RF devices has risen rapidly with the increase in the penetration rate of 5G communication, thereby promoting the development of the analog chip market. According to CCID Consulting, it is expected that by 2025, the market of China's RF industry will exceed 60 billion yuan. 5G RF has a broad space and will be more and more widely used, and the domestic market will have good market development prospects.
The world's leading analog chip companies mainly include Texas Instruments, NXP, Infineon, Sijiaxun, STMicroelectronics and other international analog chip manufacturers, and there is a gap between the technology of Chinese analog chip companies and the above-mentioned international giants. With the rapid development of China's electronic information technology industry, the demand for chip technology continues to upgrade, and the establishment of a localized analog chip chain has become an urgent need for the development of the industrial chain. In addition, the "14th Five-Year Plan" period is the first five-year plan for China to start a new journey of building a modern socialist country in an all-round way, and the informatization construction will also enter a period of comprehensive integration, providing major development opportunities for the domestic analog chip industry.
b. Digital chip
A digital chip is a chip that performs arithmetic and logic operations on discrete digital signals, such as binary codes represented by two logic levels, 0 and 1. In recent years, with the rapid development of electronic information technology, China has an increasing demand for digital chips, and has become one of the world's largest consumers, accounting for more than 40% of global consumption. According to the statistics of the China Semiconductor Industry Association, the size of China's digital chip market reached 756.2 billion yuan in 2019, a year-on-year increase of 1577%；In the same year, the sales of China's digital chip design industry exceeded 300 billion yuan, accounting for 40 percent of the sales of the chip industry51%。
With the rapid development of artificial intelligence (AI), traditional neural network algorithms are inefficient and consume large amounts of power on general-purpose chips (CPUs and GPUs), which gradually cannot meet the demanding computing power requirements of deep learning. The application-specific chip (ASIC) has the advantages of high computing performance, high computing efficiency, and low power consumption, while achieving small size, high reliability, and strong confidentiality. In addition, special chips (ASICs) can be customized to design and manufacture according to specific user requirements and the needs of specific electronic systems, and accelerate the computing tasks of artificial intelligence through customized chips.
However, as the scale of deep learning grows exponentially, AI algorithms require custom chips that can be reprogrammed to perform new types of computing tasks. Programmable logic chips (FPGAs) are hardware-reconfigurable architectures that combine the advantages of powerful computing power and low power consumption. Users can configure the FPGA chip function through the dedicated EDA software provided by the FPGA chip company according to their actual needs, so as to transform the blank FPGA chip into a chip with specific functions to meet specific application needs.
With the rapid development of emerging technologies such as a new generation of communication equipment, artificial intelligence, and autonomous driving, the application demand for FPGA chips is growing, and the FPGA market is expanding. According to Sullivan statistics, the global FPGA market size increased from 43$400 million grew to 60$800 million, with a compound annual growth rate of about 88%；The global FPGA market size is expected to grow from 68$600 million to grow to 12.5 by 2025$800 million, with a compound annual growth rate of about 164%。FPGA chips started earlier overseas, with deep technology accumulation and a high degree of monopoly in the market; According to Sullivan's statistics, in terms of shipments, more than 80% of China's FPGA chip market was occupied by foreign investors in 2019.
In recent years, driven by intelligence, the number of chips carried by automobiles has been increasing. Among them, the development of autonomous driving functions is promoting the vigorous development of the processor chip and microcontroller chip market, and the importance of such chips is gradually highlighted. As the computing and control core of computer systems, processor chips and microcontroller chips are the final execution units of information processing and program operation.
In the process of autonomous driving, it is necessary to perceive the surrounding environment in real time under different weather and light conditions, identify and track various dynamic or static objects, and predict their possible behavior. In this context, autonomous driving systems need to collect a large amount of information and data, and then perform rapid computing and processing and make corresponding actions. As the level of autonomous driving increases, so does the computing power required. Therefore, the future market space for processor chips and microcontroller chips is broad.
There is still a gap between the manufacturing capacity of China's digital chips and that of leading international enterprises, and a large number of digital chips rely on imports. At present, there are three major shortcomings in China's digital chip manufacturing:
1) Core raw materials are not self-sufficient;
2) The manufacturing process of digital chips is weak;
3) Rely on imports for key manufacturing equipment.
Nowadays,HiSilicon, Cambrianand other digital chip companies are gradually emerging, but there is still a big gap compared with international giants. In recent years, China's policy has encouraged.
And support the development of the chip industry, to provide a good policy environment for the chip industry. On August 4, 2020, the "Several Policies for Promoting the High-quality Development of the Integrated Circuit Industry and the Software Industry in the New Era" issued by *** provide policy support for the development of the digital chip industry from multiple perspectives such as finance and taxation, digital chip investment and financing, IPO, research and development, import and export, etc., which is conducive to the development of China's digital chip materials industry.
c. Memory chip
Memory chip refers to a semiconductor medium device that uses electrical energy to store information, so it is also known as semiconductor memory, which is the carrier of data in all electronic systems and an indispensable part of electronic information products. The memory chip storage and reading process is embodied in the storage or release of electrons, which is divided into volatile memory chip RAM (data loss after power failure) and non-volatile memory chip ROM (data loss after power failure) according to whether the information stored after power failure is retained.
According to the main classification of chip products, the market size of memory chips accounted for the largest proportion of the market size of the entire chip industry in 2021; According to WSTS data, the proportion of memory chips has reached 3505%, and the proportion of the rest of the logic chips, analog chips, and microprocessor chips is .82% and 1564%。
with5G, Big Data, Internet of Things, Artificial Intelligence, Automotive Electronics, WearablesThe rapid development of emerging technologies and the rapid improvement in the breadth and depth of application scenarios in downstream industries have brought about the storage and processing requirements of a large amount of data, and the importance of memory chips is increasing day by day. According to WSTS, the global memory chip market grew from $79.2 billion to $158 billion from 2014 to 2018, with a compound annual growth rate of 1885%, in 2019, affected by the decline in the scale of the entire chip industry, the global memory chip market size fell to US$106.4 billion. With the rapid demand in downstream applications**, the global memory chip market size grew to $153.8 billion in 2021, a year-on-year increase of 3089%, accounting for 3338%。According to Yole data, the global memory chip industry market size is growing at a CAGR of 8% from 2021-2027 and is expected to grow to more than $260 billion by 2027.
Global and Chinese chip market size
Affected by factors such as international frictions, changes in the world situation such as Brexit, and the close saturation of the consumer electronics market, global chip sales in 2019 fell by 15 percent year-on-year24%, a significant decline. However, benefiting from the updates and iterations in the fields of communication technology, electronic information technology, and at the same time, driven by emerging applications such as artificial intelligence, cloud computing, Internet of Things, smart cars, and industrial Internet, the revenue of the global chip market will grow in 2021 and 2022.
According to data from WSTS,In 2022, the global chip market sales scale reached 5,340$1 billion, up 1534%, with a compound annual growth rate of 9 in the past 5 years25%；The global chip market is expected to reach $602 billion in 2024.
Thanks to the rapid development of China's science and technology and the continuous expansion of chip application fields, China has become one of the world's largest chip consumers. According to the China Semiconductor Industry Association, China's chip market size will be 1,129.8 billion yuan in 2022, a year-on-year increase of 803%, with a compound annual growth rate of 1940%, maintaining a high growth rate; It is expected to remain at 13 in 2022-2024With a compound annual growth rate of 00%, China's chip sales will reach 1,442.6 billion yuan in 2024.
According to the National Bureau of Statistics, China's chip production has increased from 72 billion in 2011 to 324.1 billion in 2022, with a compound annual growth rate of 1466%。
It is a key national strategy for the chip industry to achieve independence and control, and the localization of chips is accelerating
China is one of the world's largest chip consumers, and there is a large demand for chip imports. According to data from the General Administration of Customs, China's chip import amount will reach 277 trillion yuan, accounting for 15 percent of China's total imports in 202230%。China's chip industry started late, and its strength in core and key technologies is weak. At the same time, as one of the "embargoed" countries of the Wassenaar Agreement, China has been blockaded by international advanced equipment, key components and key technologies for a long time. China has only made breakthroughs in some fields such as silicon wafers, sputtering targets, and slurries, and other materials and products still rely on overseas imports. At present, China's dependence on chip imports is still high.
The core technology, key materials and key equipment of the chip industry chain are the key development directions of China's future. China's policies also continue to encourage and support the development of the chip industry to accelerate the process of domestic substitution of chips. Since the "Twelfth Five-Year Plan" period, information technology has been established as one of the seven strategic emerging industries, and it is the target of the country's key support in the future.
During the "13th Five-Year Plan" period, with the support of policies and the national integrated circuit industry, China's chip technology has developed rapidly, and the localization process has continued to advance. During the "14th Five-Year Plan" period, in the increasingly complex international environment, the new generation of information technology has been given a higher development positioning, including chips, 5G and other communication applications, Internet of Things, cloud computing and other industries. The "14th Five-Year Plan" proposes to strengthen scientific and technological research in the field of integrated circuits. According to the relevant data released by ***, China's chip self-sufficiency rate will be in 2025
70% per year. In addition, the National Integrated Circuit Industry Investment** was established in September 2014 with a focus on investment in the integrated circuit manufacturing industry, including:Chip design, packaging and testing, equipment, and materialsand other industries to promote the development of China's chip industry. At present, China's chip technology has made progress in the fields of consumer-grade SoC, NOR Flash, CIS chips, etc., and other fields are also increasing investment in technology research and development to achieve key technological breakthroughs.
Chapter 1 Basic Overview of the Chip Industry
Section 1 Definition and characteristics of the chip industry.
1. Definition and research scope of chip industry.
Second, the development characteristics of the chip industry.
Section 2: Industry Classification.
1. Industry classification method.
Second, the classification of industries.
Section 3: Characteristics of Industry Development.
First, the life cycle of the industry.
Second, the completeness of the industry chain.
3. Barriers to entry and exit in the industry.
Fourth, the maturity analysis of industry-related technologies.
Chapter 2 Overview of the development of the global chip industry in 2023
Section 1 Market size of the global chip industry.
1. The market size of the global chip industry from 2021 to 2023 and its changing trend.
2. The market size of the global chip industry from 2023 to 2028**.
Section 2 Analysis of the supply situation of the global chip industry.
1. The distribution of production capacity in the global chip industry.
2. Analysis of typical supply enterprises in the global chip industry.
1. Enterprise 1.
2. Enterprise 2.
3. Enterprise three.
Section 3 Demand Analysis of the Global Chip Industry.
1. The scale of demand in the global chip industry.
Second, the demand pattern of the global chip industry.
3. Demand trends in the global chip industry.
4. The scale of global chip industry demand from 2023 to 2028**.
Section 4 Lessons learned from successful experiences and failures in the development of the global chip industry.
1. Successful experience in the development of the global chip industry.
Second, the development failure of the global chip industry has learned lessons.
Chapter 3 Analysis of the development environment of China's chip industry in 2023
Section 1 Policy environment for the development of the chip industry.
1. Policies and interpretations of chip industry development planning.
2. Regulatory policies for the development of the chip industry and their interpretation.
3. Chip industry development standard policies and their interpretation.
Section 2 Economic environment for the development of the chip industry.
First, the domestic macroeconomic development.
2. Domestic investment in fixed assets.
Third, the situation of domestic commodities.
Fourth, the scale of domestic investment and financing.
Section 3 Social environment for the development of the chip industry.
1. Analysis of the domestic population.
2. Analysis of domestic per capita income and expenditure.
Third, the domestic talent pool.
Fourth, the expenditure of domestic scientific research funds.
Section 4 Technical Environment of the Chip Industry.
1. Technology patent applications in the chip industry.
2. Main technical analysis of the chip industry.
3. Analysis of the mechanism of technology on the development of the chip industry.
Fourth, the analysis of the technological development trend of the chip industry.
Chapter 4 2021-2023 China Chip Industry Market Analysis
Section 1 Market size of the domestic chip industry from 2021 to 2023.
1. The market size of the domestic chip industry and its change trend from 2021 to 2023.
2. Influencing factors for the change in the market size of the domestic chip industry from 2021 to 2023.
3. The market size and growth rate of the chip industry from 2023 to 2028**.
Section 2 Analysis of the market supply of the domestic chip industry.
1. The number of supply enterprises in the domestic chip industry.
2. Regional distribution of supply enterprises in the domestic chip industry.
3. The number of employees in the domestic chip industry.
Fourth, the supply scale of the domestic chip industry.
5. Capacity planning of the domestic chip industry.
Section 3 Analysis of market demand in the domestic chip industry.
First, the scale of demand in the chip industry.
Second, the demand structure of the domestic chip industry.
3. Demand trend of the domestic chip industry.
Fourth, the demand potential of the domestic chip industry**.
Chapter 5 Competition Pattern and Competitive Strategies of the Domestic Chip Industry
Section 1 Analysis of Industry Competition Structure.
1. Competition among existing enterprises.
2. Analysis of potential entrants.
3. Threat analysis of substitutes.
Fourth, the bargaining power.
Fifth, the bargaining power of customers.
Section 2 Industry Concentration Analysis.
1. Market concentration analysis.
2. Analysis of regional concentration.
Section 3 The competitive echelon of the domestic chip industry.
First, the first echelon.
Second, the second echelon.
Third, the third echelon.
Section 4 Competitive Strategies of the Domestic Chip Industry.
First, product strategy.
Second, the first strategy.
3. Channel strategy.
Fourth, the first strategy.
Chapter 6 Analysis of Talent Strategy in Domestic Chip Industry
Section 1 Talent Recruitment Strategies.
1. Grassroots talent recruitment strategy.
Second, the strategy of talent recruitment.
3. Senior talent recruitment strategy.
Section 2: Talent Training Strategies.
1. Internal training strategy.
2. Externally commissioned training strategy.
Section 3 Talent Incentive Strategies.
1. Incentive strategy for job promotion.
2. Equity incentive strategy.
3. Option incentive strategy.
Chapter 7 International Development Strategy of the Chip Industry
Section 1 The foundation for the international development of the chip industry.
First, the export situation of the chip industry.
Second, the external dependence of chips.
3. Analysis of the OEM situation in the chip industry.
Section 2 Internationalization Development Strategy of the Chip Industry.
1. Participate in the formulation of international standards.
2. Enhance the global competitiveness of the industry.
Third, the implementation of the "going out" strategy.
Chapter 8 Analysis of Competitive Strategies of Enterprises in the Chip Industry
Section 1 Analysis of Chip Market Competition Strategy.
1. Analysis of the growth potential of the chip market in 2023.
2. Analysis of the competitive strategy of the existing chip industry.
Section 2 Analysis of Competitive Strategies of Chip Enterprises.
1. The impact of global hotspots on the competitiveness of enterprises in the chip industry.
Second, the impact of domestic hot spots on the competitiveness of enterprises in the chip industry.
3. Competition strategy of domestic chip industry enterprises from 2023 to 2028.
Chapter 9 Analysis of key enterprises in China's chip industry in 2023
Section 1 Shenzhen HiSilicon Semiconductor***
First, the enterprise overview.
2. Analysis of enterprise products and services.
3. Analysis of the competitive advantage of enterprises.
Fourth, the overall operation of the enterprise analysis.
Fifth, the experience of enterprise development for reference.
Section 2 Unisplendour Group***
First, the enterprise overview.
2. Analysis of enterprise products and services.
3. Analysis of the competitive advantage of enterprises.
Fourth, the overall operation of the enterprise analysis.
Fifth, the experience of enterprise development for reference.
Section 3 Shenzhen ZTE Microelectronics Technology***
First, the enterprise overview.
2. Analysis of enterprise products and services.
3. Analysis of the competitive advantage of enterprises.
Fourth, the overall operation of the enterprise analysis.
Fifth, the experience of enterprise development for reference.
Section 4 Huada Semiconductor***
First, the enterprise overview.
2. Analysis of enterprise products and services.
3. Analysis of the competitive advantage of enterprises.
Fourth, the overall operation of the enterprise analysis.
Fifth, the experience of enterprise development for reference.
Section 5 Beijing Zhixin Microelectronics Technology Co., Ltd
First, the enterprise overview.
2. Analysis of enterprise products and services.
3. Analysis of the competitive advantage of enterprises.
Fourth, the overall operation of the enterprise analysis.
Fifth, the experience of enterprise development for reference.
Section 6 Shenzhen Goodix Technology Co., Ltd. ***
First, the enterprise overview.
2. Analysis of enterprise products and services.
3. Analysis of the competitive advantage of enterprises.
Fourth, the overall operation of the enterprise analysis.
Fifth, the experience of enterprise development for reference.
Section 7 Hangzhou Silan Microelectronics Co., Ltd. ***
First, the enterprise overview.
2. Analysis of enterprise products and services.
3. Analysis of the competitive advantage of enterprises.
Fourth, the overall operation of the enterprise analysis.
Fifth, the experience of enterprise development for reference.
Section 8 Datang Semiconductor Design***
First, the enterprise overview.
2. Analysis of enterprise products and services.
3. Analysis of the competitive advantage of enterprises.
Fourth, the overall operation of the enterprise analysis.
Fifth, the experience of enterprise development for reference.
Section 9 Duntai Technology (Shenzhen)**
First, the enterprise overview.
2. Analysis of enterprise products and services.
3. Analysis of the competitive advantage of enterprises.
Fourth, the overall operation of the enterprise analysis.
Fifth, the experience of enterprise development for reference.
Section 10 Beijing Zhongxing Microelectronics***
First, the enterprise overview.
2. Analysis of enterprise products and services.
3. Analysis of the competitive advantage of enterprises.
Fourth, the overall operation of the enterprise analysis.
Fifth, the experience of enterprise development for reference.
Chapter 10 2023-2028 China Chip Industry Development and Investment Risk Analysis
Section 1 Environmental Risks in the Chip Industry.
1. Risks to the international economic environment.
2. Exchange rate risk.
3. Macroeconomic risks.
Fourth, macroeconomic policy risks.
5. Risks of regional economic changes.
Section 2 Risks of the upstream and downstream of the industrial chain and related industries.
Section 3 Policy risks in the chip industry.
Section 4 Market Risks in the Chip Industry.
1. Market supply and demand risks.
2. Risks.
3. Competition risk.
Chapter 11 Analysis of China's chip industry development prospects and investment opportunities from 2023 to 2028
Section 1 Development Prospects of the Chip Industry**.
1. Changes in user needs**.
Second, the development of the competitive pattern.
3. Channel development and change**.
Fourth, the overall development prospects and market opportunities of the industry analysis.
Section 2 Investment opportunities in the chip industry.
1. Investment opportunities in regional markets.
2. Investment opportunities in the industrial chain.
Chapter 12 Investment Opportunities and Risks in the Chip Industry
Section 1 Comparison and Analysis of Industry Investment Returns.
1. Comparison of investment returns in related industries in 2023.
2. Analysis of the industry's investment return on investment from 2021 to 2023.
Section 2 Analysis of investment benefits in the chip industry.
1. Analysis of the investment status of the chip industry from 2021 to 2023.
2. Analysis of the investment benefits of the chip industry from 2023 to 2028.
3. Investment trends in the chip industry from 2023 to 2028**.
4. The investment direction of the chip industry from 2023 to 2028.
5. Suggestions for investment in the chip industry from 2023 to 2028.
6. Analysis of obstacle factors that new entrants should pay attention to.
Section 3 Main factors affecting the development of the chip industry.
1. Analysis of favorable factors affecting the operation of the chip industry from 2023 to 2028.
2. Analysis of the stability factors affecting the operation of the chip industry from 2023 to 2028.
3. Analysis of unfavorable factors affecting the operation of the chip industry from 2023 to 2028.
4. Analysis of the challenges facing the development of China's chip industry from 2023 to 2028.
5. Analysis of the opportunities facing the development of China's chip industry from 2023 to 2028.
Table of Contents of Charts
Chart: Summary of relevant policies in China's chip industry.
Chart: China's chip market size from 2021 to 2023.
Chart: China's chip market size and growth rate from 2023 to 2028**.
Chart: Analysis of the market structure of China's chip industry in 2023.
Chart: Regional distribution of chips.