The IC industry is in urgent need of breakthrough

With the implementation of the national integrated circuit property growth promotion program, under the policy support and market demand mobilization, China's integrated circuit property maintained a stable and rapid growth trend in 2015. Looking forward to 2016, under the joint influence of many factors, such as the weak global economic recovery, the slowdown of international economic growth, and the increasing downward pressure on industry, the international integrated circuit property will face a situation of "progress in stability and difficulties in progress". It is estimated that the property growth rate in 2016 will stabilize at 20%

steady progress

in 2015, the global economy has not completely come out of the shadow of the financial crisis, and the uncertainty of economic growth expectations has increased. According to Gartner's latest statistics, global PC shipments in the third quarter fell by 11% year-on-year. Although Zhimiao's shipments maintained a year-on-year increase of 7.1%, compared with the high growth rate of 20% before, it showed a slowdown of a significant decline. At the same time, the sales deeds of international leading enterprises such as Intel, Qualcomm and MediaTek also showed an inappropriate decline. The demand of the parts market is sluggish, the traditional PC business is further shrinking, the demand of the intelligent terminal market is slowing down, and the emerging market demand brought by cloud computing, big data, IOT has not yet burst out, and other signs show that the situation of the global semiconductor market in 2016 is not pleasant. According to the world semiconductor trade statistics Organization (WSTS), the growth rate of the global semiconductor industry in 2015 and 2016 was 3.4% and 3.1% respectively, which was much lower than the 9.0% growth rate in 2014

with the implementation of the "made in China 2025", "Internet +" step-by-step guidance and the "national data strategy", the mass entrepreneurship and entrepreneurship task continues to be deeply promoted, and the atmosphere of innovation and entrepreneurship is slowly formed. In 2016, China semiconductor property is facing unprecedented growth opportunities. However, it should also be noted that although the current property has maintained a good growth rate, because integrated circuits are downstream of the entire industrial property chain, the impact of the slowdown in economic growth on integrated circuit property has a lagging effect. It is estimated that the property growth rate in 2015 and 2016 will stabilize at around 20%, entering a new normal of steady progress

the pressure of competition is reduced

with the progress of integrated circuit technology and the acceleration of globalization, multinational companies are accelerating the upgrading of products and improving the production capacity layout of their predecessors. At the same time, through the horizontal capital integration of the property chain and the vertical capital integration of the ecological chain, they constantly enrich the fragmented products and customer capital of perfect enterprises, and stabilize the market dominance, Improve market concentration, reduce operating costs, and further enhance market competitiveness. Since 2015, the business volume of global mergers and acquisitions in the field of integrated circuits has exceeded US $100billion, twice the sum of the past three years. Many cases have refreshed the record of international semiconductor mergers and acquisitions. For example, Intel bought Altra for $16.7 billion, NXP bought Freescale for $11.8 billion, and Anhua high tech bought Broadcom for $37 billion. In addition, Infineon and globalfoudries also completed the integration of International Rectifier and IBM semiconductor business respectively in 2015, and riyueyue also took measures for silicon products. In a short time, the international large-scale and Partial Restructuring in the field of integrated circuits will continue, and there is a trend of infiltration into all links of the property chain. The combination of strong and strong will become the new normal of international mergers and acquisitions

at the same time, domestic leading enterprises are constantly adjusting their cooperation strategies with China, and gradually changing from sole proprietorship operation to technology authorization, strategic investment, advanced production capacity transfer and other methods. The international advanced technology and funds have accelerated the international transfer. Following IBM's opening of power licensing and Intel's plan to acquire shares in Ziguang, in the first half of 2015, several major leading enterprises in Taiwan also launched in-depth cooperation with Dalu. For example, liandian and Xiamen cooperated to support Dalu's first partnership 12 inch production line, and TSMC and Lijing also showed their willingness to support the 12 inch integrated circuit production line in Dalu. In terms of durability, relying on the advantages of technology and cost, the landing of Taiwan enterprises will disrupt the original layout of technology routes. Looking forward to 2016 and then dismantling the servo valve, the format of domestic and international property competition is facing remodeling, and international enterprises will face greater competitive pressure

improve the level of technology

2015, international integrated circuit property has achieved gratifying functions in many technical fields. In terms of chip design, the advanced design technology has been successfully introduced into the 16 nanometer level. Huawei Hisilicon's Kirin 950 has become the industry's first commercial SOC chip of TSMC's 16 nanometer finfetplus technology; In terms of wafer manufacturing, Qualcomm snapdragon 410 processor, which adopts the 28 nm process of SMIC international, 3. When the pointer swings slightly, it immediately interrupts stretching, which has been successfully used for mainstream smart, and the chip manufacturing has been successfully implemented in the mainland of China; In terms of feature technology research and development, SMIC international, Huawei, Qualcomm and IMEC jointly invested and established SMIC old technology research and development (Shanghai) Co., Ltd. to open up the next generation CMOS logic process and build the most advanced integrated circuit research and development platform in China

in terms of serious products, memory has always been a short board for the growth of international property, "We chose covestro as the new name of the company, and nearly 100% of it depends on exports. In October 2015, after many negotiations, we reached a resonance and planned to jointly support the national memory base in Wuhan. With Wuhan Xinxin integrated circuit manufacturing Co., Ltd. as the main body, we will establish a memory company to complete the capacity range of 300000 memory chips per month. If the project can be successfully implemented in 2016, it will be greatly promoted to the" 13th five year plan " During this period, the international competitiveness of China's integrated circuit property

looking forward to 2016, with the continuous deepening of the implementation of the promotion program, it will further mobilize the efforts of international capital, spur the continuous strengthening of the synergy ability of the property chain, so as to promote technological progress, and complete breakthrough pauses at many levels, such as key processes (logic processes below 14 nm), serious products (memory)

after the urgent need to break through innovation

, China's integrated circuit design links are not closely connected with the rapidly changing market demand, making it difficult to enter the medium and high-end market in the field of parts, which is incompatible with the innovation advantages and market demand advantages in the field of international low-end terminals. On the one hand, the shape of mobile intelligent terminal products tends to diversify, forcing integrated circuits to constantly break through innovation in function and technical parameters, which puts forward new requirements for integrated circuit design. At present, China is still in an advantage in the field of high-end chips for intelligent terminals. On the other hand, the lack of market voice control hinders the localization of integrated circuits. China's mainland integrated circuit market is about 57% of the world's, making it the world's largest integrated circuit market. However, the market volume is inconsistent with the market discourse power. From the perspective of the actual consumption of integrated circuits, the discourse power of China's continental integrated circuit market is really not in the hands of continental enterprises. Many exported chips are used for the international assembly of parts by multinational companies and are sold abroad. A large number of chip products with a wide range, such as CPU and memory, are monopolized by foreign enterprises. The rise of characteristic consumption is also difficult to support the scope of chip sales, and it is difficult to complete chip localization only by market driving

since the publication and implementation of the promotion program, especially after the establishment of the national fund, driven by the guidance of the authorities, the construction of market capital, the growth needs of enterprises themselves and other factors, there have also been a number of mergers and acquisitions in the international integrated circuit industry. These mergers and acquisitions show the following characteristics: first, through mergers and acquisitions of integrated circuit enterprises, parts enterprises speed up the extension to the downstream and enhance their core competitiveness; Second, international enterprises strive to "go global" and acquire foreign manufacturing enterprises; Third, the capital market is highly concerned, and many investment companies and funds strive to participate in mergers and acquisitions in the field of integrated circuits. In particular, Ziguang individual sold out several times in 2015, causing a huge shock in the domestic and international property sector. Before and after that, we completed three difficult measures: buying Huasan technology, offering to buy micron and taking shares in Western Digital. Although the plan to buy micron failed to take shape after all, this set of "combo boxing" reflects that the national fund has increasingly played a role in leveraging social capital, integrating domestic excellent targets with international capital from hard purchase to strategic equity

in 2016, as the international capital gradually matures in the operation of international mergers and acquisitions, and meets the urgent needs of international property to quickly enter the high-end market, the "overseas shopping" of international capital will continue