The global chip market may stagnate, and China's chip expansion accelerates to improve its self-sufficiency rate against the trend

Analysts pointed out that the inventory cycle of some chips has been as long as 200 God , Recently, it was reported that the leading analog chip enterprises in the United States cut prices by nearly 90% for sale , It can be seen that the chip inventory pressure is quite serious , Global chip expansion may therefore stagnate , But at this time, Chinese chip companies are expanding their production capacity against the trend , Strive to improve the chip self-sufficiency rate .

It is understood that the phase II plant planned by Changjiang storage and Hefei Changxin, two of China's largest memory chip enterprises, is still in progress , Device installation in progress . Changjiang storage expects that the phase II plant will be mass produced in the second half of this year as scheduled , In this way, it is expected to double the capacity of memory chips this year , Its plan is that the capacity of the phase II plant will be increased by two times compared with the current capacity .

SMIC is also accelerating its expansion 28nm Process capacity , Data in the first quarter of this year showed that China's three major chip foundries, SMIC 、 Hua Hong group 、 The year-on-year growth rate of crystal integration has exceeded double digits , The growth rate ranks first among the top ten chip foundries in the world , They are now massively expanding their mature process capacity , Because the domestic chip industry has a great demand for mature technology .

Chinese chip companies dare to expand production capacity against the trend , Lies in the huge domestic demand ,2021 In, China purchased 4000 Billion dollars of chips , More than 60% of the new global market share , More than 70% of these chips are 14nm And chips produced by mature technology , Even some are still using Micron Technology , For example, air conditioning controller 、 The chip of calculator and other products can be satisfied as long as the micron process .

Relevant planning is displayed to 2025 In, the self-sufficiency rate of domestic chips will be increased to 70% ,2021 In, the self-sufficiency rate of domestic chips was only more than 30% , Domestic chips still have huge market space , This has become the foundation for domestic chips to continue to expand production capacity .

At present, the United States is still the world's largest chip exporter , It accounts for nearly 50% of the global chip market , However, a large proportion of American chips are produced by chip foundries in Asia ; It intends to enhance its own chip manufacturing capabilities , But it faces the regret that the cost is too high , Even American companies Intel State of the art factory Intel 4 None of the process plants are located in the United States , But in Ireland .

At present, the global chip market is turning to the chip surplus stage , Overseas chip capacity expansion is actually facing similar problems with the United States , That's the cost , These planned chip manufacturing projects are now hesitant because of the high cost , After all, if there is a large-scale investment and expansion in the chip downward cycle , The higher the cost, the more difficult it is to be competitive , The losses will only get worse .

Compared with overseas chip enterprises , In addition to having a huge local market, Chinese chip enterprises , It also has a higher cost advantage , Just like the previous LCD panel industry , BOE and TCL China Star forced South Korea's Samsung to withdraw from the LCD panel Market by relying on its cost advantage , South Korea LGD The production capacity of LCD panel is greatly reduced , It can be seen that China has cost advantages in high-tech industries .

In fact, China's large-scale expansion of chip production capacity is also based on China's own needs , For example, SMIC increased 28nm Process capacity 、 Promoted by crystal integration 55nm Process capacity , These mature processes are inherently cheaper than advanced processes , Coupled with China's own low-cost advantages , These mature processes can further enhance cost competitiveness , Combine with made in China to reduce the overall cost , It can be said to complement each other , This is just an advantage that overseas chip companies do not have .

It benefits from the expansion of China's chip industry in recent years ,2021 In, China's chip self-sufficiency rate has risen to more than 30% , Before this year 5 The import of chips was further reduced in the last three months , And it has been continuous 6 Reduce chip imports in the next month , China's chip production capacity continues to expand against the trend , Maybe it's 2025 The chip self-sufficiency rate of 70% can really be achieved by the year , This is undoubtedly a great progress in China's chip industry .