Financial Association (Shanghai, researcher Rensen), the impact of wafer shortages is increasing. The power semiconductor industry is currently increasing by an average of 10%, and some products have increased even higher.
"Science and Technology Innovation Board Daily" reporter learned exclusively from several companies in the supply chain on December 5 that "wafers are out of stock, and more increases are not ruled out. H1 orders are full in 2021, and even orders are scheduled until the end of next year. "Z3z
's recent price increase in the power semiconductor industry is not surprising. The main reason is the tight supply.
Everbright Securities said there are two main reasons for the tight supply:
1, reallocation of 8-inch production capacity. Due to the strong shipments of tablets, PC/NB and panels under the influence of the epidemic, the demand for logic products such as driver ICs and touch ICs is improving, 8-inch production capacity is tight, and the production capacity of power devices such as MOSFETs with less value is limited;
2 The total 8-inch production capacity (about 17.9 million pieces/month worldwide) is difficult to grow. First of all, it is difficult to expand the new production line. OEMs and IDM manufacturers are deploying 12-inch production lines. The 8-inch production line has not been expanded for many years, and the expansion of the 8-inch new production line still takes 2-3 years, which cannot solve the current capacity shortage problem. Secondly, second-hand equipment is not enough to build new production lines. Without the expansion of the new 8-inch production line, only second-hand equipment can be purchased to build an 8-inch production line. According to SurplusGlobal data, there are about 700 8-inch second-hand equipment in the world, but the global demand for 8-inch equipment is at least about 1,000. Second-hand production line construction is also difficult.
The power semiconductor market has huge space and continues to be booming. Z2z
Huachuang Securities said that the power semiconductor market has huge space, and 5G and automotive electronics provide strong momentum for industry growth. Power semiconductors are an essential element to achieve the electrical performance of equipment. They are widely used in consumer electronics, industry, automotive electronics and other fields. The total market space exceeds 40 billion US dollars. China accounts for more than 35% of global demand, and the market growth rate is significantly higher than that of the world With the rapid growth of the Internet of Everything and the number of base stations and data centers brought about by 5G, and the continuous improvement of automotive electronics, MOSFET and IGBT are expected to continue to increase in volume, driving the power semiconductor market to achieve rapid growth. Z3z
Ping An Securities analysis pointed out that in the short term, under the demand of PMIC, driver IC, etc., the demand for 8-inch wafer foundry capacity is in short supply; with policy support, the semiconductor industry chain is expected to gain in materials, equipment and manufacturing in the medium and long term. Focus on breakthroughs, and actively pay attention to the progress of R&D and localization of industry chain companies.
Power semiconductor core listed company
Guoyuan Securities recommends Wingtech, a global standard device leader with strong comprehensive strength; OEM and IDM mode are parallel, with the domestic most comprehensive power device product line leader China Resources Micro; domestic power device leader Yang Jie Technology; domestic thyristor leader Jiejie Microelectronics; domestic IGBT module leader Star Semiconductor;
also recommends attention: through product mix adjustments, the old power IDM leader China Microelectronics, which enters the mid-to-high-end market; compound semiconductor foundry leader Sanan Optoelectronics ; High-power device quality company Taiji shares; IDM leader Silan Micro, a rich product line; high-voltage, high-power thyristor leader Perry shares.
Everbright Securities recommends attention: 1) Domestic power semiconductor leading companies, China Resources Micro, Xinjie Energy, Star Semiconductor, Wingtech (Anshi Semiconductor), Leon Micro, Yangjie Technology, Jiejie Microelectronics; 2) Generation Manufacturers Hua Hong Semiconductor, SMIC.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-