He Ship Chip (K19007) Company Depth: Domesticization of domestic advanced wafer foundries is accelerating
Hejian chip: the mainstay of wafer manufacturing.
Hejian Chip was established on November 23, 2001 and was solely established by the Investment Alliance. In 2018, the company’s board of directors decided to change the 重庆耍耍网 company to a joint stock company.
The company is an 8-inch wafer dedicated industrial company, offering from 0.
5 micron to 110 nanometers mainstream logic, mixed signal, embedded non-initialized memory, high voltage and image sensor technology, can also provide professional one-stop production from design services, mask making, wafer production to packaging testingServices and consulting.
Foundry products are mainly consumer and automotive, industrial electronics, covering LCD drivers, converters, power management, fingerprint recognition, smart cards, identity recognition and other security products.
The company’s main foundry business in the interruption of military integrated circuit manufacturing provides mid-to-high-end chip R & D and manufacturing services for world-renowned chip design companies.
The downstream demand market is broad, and the domestic integrated circuit market has room for development.
From 2008 to 2018, the global semiconductor market was in good condition. The United States, Japan, Europe, and the Asia-Pacific region were the main distribution regions of the global semiconductor market. Semiconductor sales overall showed a steady growth trend.
In 2018, the global semiconductor industry’s output value reached 468.8 billion U.S. dollars, a record high, ranking 13 in 2017.
7%, of which the integrated circuit product market can be 3401.
USD 8.9 billion, an increase of 22 in ten years.
9%, which is 83% of the total value of the global semiconductor market.
The level of self-sufficiency of integrated circuits in China is low, and core chips are lacking, and localization is imminent.
China’s more advanced mass production process is currently 16nm.
SMIC is a leading domestic pure wafer foundry. It already has considerable comparative advantages in traditional processes (≥40nm), and actively expands the field below 28nm. Mass production of 14nm processes has entered the customer verification stage.
The company (referred to as Hejian) subsidiary Xiamen Lianxin 28nmHLP SiON and 28nmHKMG have been in mass production, and the yield has reached the world advanced level.
Domestic manufacturers and international giants rank, catching up still needs time.
From the perspective of the mainland market, due to the rise of the domestic market, especially the rapid development of design companies, pure wafer foundries have grown rapidly in China.
The oligopoly competition in the industry has become more and more obvious. The company has continuously expanded its research and development and has a significant competitive advantage.
In 2018, the world’s top ten pure wafer foundry companies had a combined market share of 97%, and Hejian Chips ranked fourth among wafer foundries.
One of the chip manufacturing companies is also one of the largest and most advanced integrated circuit chip manufacturing companies in mainland China.
In the past three years, the company has continuously increased its investment in research and development. Currently there are more than 420 full-time research and development personnel, accounting for 14% of the number of employees.
Hejian Chip has a complete 8-inch process technology platform. Through continuous research and development, the company’s process flow has been improved, the company’s process yield and product stability have been improved. At present, the company’s 8-inch product yield has reached 99%.
Risk reminders: market competition risks, the risk of cumulative decline in production capacity, exchange rate changes and export business risks.