China-Singapore Jingwei Client, April 20 (Luo Kun) Recently, ZTE was sanctioned by the United States, triggering discussions on the replacement of domestic chips. Many people in the industry believe that the sales ban issued by the United States to ZTE is not only a wake-up call, reminding Chinese companies that they must speed up the research and development of core technologies and get rid of the situation where key technologies are controlled by others as soon as possible. It is also a blind catalyst to accelerate the process of replacing domestic chips. Related enterprises will also usher in development opportunities.
Data map: Consumers choose mobile phones in stores. Photo by Sino-Singapore Jingwei Yan Shuxin
The United States issued a ban on ZTE
The U.S. Department of Commerce issued an announcement on the evening of the 16th that the U.S. government will prohibit ZTE from purchasing sensitive products from U.S. companies in the next seven years. How will the
ban affect ZTE? On the morning of the 20th, ZTE released the "Statement on the U.S. Department of Commerce's Activation of the Denial Order." The statement pointed out that the denial order would not only seriously endanger ZTE's survival, but also harm ZTE, including a large number of American companies. Benefit for all partners.
According to research by Bank of China International analyst Cheng Shenyan, ZTE currently purchases more than 30% of its components directly from the United States (another 20% are Singapore Broadcom Avago ). If the U.S. government implements a ban, ZTE’s wireless equipment cum Frequency chips, AD/DA conversion chips; high-speed optical modules and control chips for transmission equipment; SOC processors for mobile phone terminals, Google service authorization; CPU chips for servers and other fields will encounter supply constraints, which will greatly affect future communication hosts. Supply of equipment and sales of mobile phone terminals in the US market.
"The company currently has 2 months of materials in stock, and the communication equipment market is mainly domestic, so there is still room for turnover." Cheng Shenyan said in his latest report.
Tianfeng Securities analyst Song Xuetao believes that this incident will become a catalyst to accelerate the localization of chips. "Without the technical support from the United States, ZTE will have a hard time, and 5G may also be affected. But looking back at history, why weren't ZTE , Huawei , etc. born out of a technological blockade? History always repeats itself in different ways. Today’s technology blockade on ZTE may become a catalyst for China’s independent research and development to accelerate the localization of chips, 5G, and high-end manufacturing,” Song Xuetao said.
China's local chips have high hopes
In recent years, Chinese companies have not stopped exploring the research and development of domestic chips. Recently, one of the BAT giants, and Alibaba , has made two big moves in the chip field. On April 19, Alibaba Group announced that the company's R&D department Damo Academy is developing a neural network chip "Ali-NPU", which will be used for AI inference calculations such as image and video analysis and machine learning. On April 20, Alibaba announced that it would fully acquire Zhongtian Microsystems Co., Ltd., the only independent embedded CPU IP Core company in mainland China. "The acquisition of Zhongtian Micro is an important part of Alibaba's chip layout." Alibaba CTO Zhang Jianfeng said that IP core is the core of basic chip capabilities, and entering the IP core field is the basis for China's chips to achieve "independent controllability."
A-share listed company Zhenxin Technology has been strengthening technical research and new product development of Beidou chips and terminal products in recent years. Yang Guoyong, secretary of its board of directors, said in an interview with Sino-Singapore Jingwei Client (WeChat public account: jwview) on the 20th , the company has attached great importance to independent innovation since its establishment, and has formed a series of independent products in the fields of DDS, frequency integration, video, interface, MEMS inertial devices, satellite communication baseband/video chips, etc. In the future, the company will continue to strengthen research and development efforts to maintain Advantages of independent innovation.
"The ZTE incident is an important impetus for Chinese people to develop independent innovation and master core technologies. We must keep core technologies in our own hands so that we will not be controlled by others and fundamentally ensure national economic security." Yang Guoyong said. Zhu Long, founder of
artificial intelligence company Yitu Technology, also pointed out in a recent exclusive interview with Sino-Singapore Jingwei Client (WeChat public account: jwview) that the company is deploying artificial intelligence chips. It is understood that Yitu Technology has previously invested in an AI chip company and initially completed its ecological layout.
He believes that AI chips will have great potential in the future: “Recent online discussions have said that (domestic) chips are not rich and thick enough, but in terms of the entire industrial system, compared with other countries, China’s industrial system is actually very rich, and AI will have different applications. scenarios, the possibility of being implemented in different industrial links." Zhao Weiguo, chairman of Ziguang Group, recently said that the National Memory Base project is a "zero" breakthrough in the large-scale development of China's integrated circuit flash memory chip industry. In the next 10 years, Ziguang Group will invest at least US$100 billion to promote the development of related industries.
Long-term capital layout industry
Sino-Singapore Jingwei client (WeChat public account: jwview) found that when reviewing the annual reports of domestic chip-related listed companies, social security funds and QFII (qualified overseas shareholders) appeared among the top ten circulating shareholders of many companies. Institutional investors), the former is regarded as a market benchmark, while the latter is an important representative force of foreign capital.
Ziguang Guoxin is a listed company in the semiconductor industry under Ziguang Group. It is engaged in the field of integrated circuit chip design and development. It is a supplier of integrated circuit chip design and system integration solutions. In 2017, the company achieved operating income of 1.829 billion yuan, a year-on-year increase of 28.94%, and net profit attributable to shareholders of listed companies of 280 million yuan, a year-on-year decrease of 16.73%. The National Social Security Fund occupies two seats among its top ten tradable shareholders. The National Social Security Fund Portfolio 105 and the National Social Security Fund Portfolio 413 hold 0.71% and 9.66% of the shares respectively.
It is worth mentioning that the National Social Security Fund 413 Portfolio, in addition to holdings Ziguang Guoxin, also holds positions in Northern Huachuang, Changdian Technology and Fiberhome Communications, all of which are chip concept stocks.
Among the top ten shareholders of Sugon, the National Council for Social Security Fund is also among the top ten shareholders, with a shareholding ratio of 2.33%.
Luo Wen, Vice Minister of the Ministry of Industry and Information Technology of China, said last week that China will promote the construction of major projects and the development of key products, promote the breakthrough integration of high-end general-purpose chips such as CPUs and FPGAs, and continuously improve the supply capacity of high-end chips; establish advanced manufacturing National innovation centers for technology and smart sensors; accelerate the establishment of the second phase of the National Integrated Circuit Industry Investment Fund, etc.
"People's Daily" published an article on the 19th, quoting an investor as saying: "It is foreseeable that from now on, China will increase its investment in the chip industry regardless of cost, and the entire industry will usher in historic opportunities." (China-Singapore Jingwei APP)
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