The import of the hottest integrated circuits exce

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The import of integrated circuits exceeded US $300billion, and the market potential is unlimited.

according to the national import/export value table of key commodities in December 2018 released by the General Administration of Customs on January 14, China imported 417.57 billion integrated circuits in 2018, with a year-on-year increase of 10.8%, and the corresponding import of integrated circuits was US $312.058 billion, with a year-on-year increase of 19.8%. In terms of exports, Bauschinger in 21884 (Bauschinger) found the cyclic softening phenomenon of the decline of elastic limit under cyclic load when verifying the wlex fatigue test, and introduced the concept of stress-strain hysteresis loop. In 2018, the number of integrated circuits exported by China was 217.1 billion, with a year-on-year increase of 6.20%, and the corresponding export volume of integrated circuits was 84.636 billion US dollars, with a year-on-year increase of 26.6%

the integrated circuit industry is a leading and pillar industry of national economic and social development. In recent years, China's integrated circuit industry has achieved rapid development and the industrial scale has been growing. In 2017, the sales volume of the integrated circuit industry reached 560billion yuan, more than double that of 2012. At the same time, the core reason: the technology has made a breakthrough, the chip design level has been improved by 2 generations, and the manufacturing process has been improved by 1.5 generations. For example, the 32 and 28 nm process has achieved large-scale mass production

with the support of national policies and industrial demand, the scale of China's integrated circuit market has grown rapidly, but at the same time, it also faces problems that need to be further solved, such as high-end products' dependence on foreign countries, talent shortage and low industrial concentration. The trade deficit of China's integrated circuits is also increasing, and a large number of import dependence shows that there is a huge space for domestic substitution

according to icinsights' data, China's IC self-sufficiency rate was only 10.4% in 2016. According to the calculation of China's IC output value cagr28.5%, China's self-sufficiency rate can reach 15% in 2020, which is still at a low level. From the perspective of import substitution, the willingness and demand for IC localization are extremely urgent

under the traction of market demand and the support of policies and capital, such as using polyurethane polymer for seats and polypropylene for interior decoration, the development momentum of integrated circuits in national report or partial printing is good, and leading enterprises will usher in a broad market space. In the A-share market, North China Huachuang (), jingjiawei (), Ziguang Guowei () and nastar () deserve attention

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