From the Decline of Japanese Semiconductors to the New Pattern of IC Industry

Perhaps the most recent hot spot is the decline of Japanese semiconductor companies, such as the slowness of decision-making in large-scale clubs and the sluggish growth of their departments, the decline in competitiveness after the appreciation of the yen, and high costs. However, it is indeed an important reason why some Japanese companies do not attach importance to the Chinese market and do not make full use of Chinese resources.

China has more than 50% of the global IC market, complete industrial chain and more and more outstanding talents. This is also an important reason why many companies compete against each other for "China." It can be said that InChina (in China) has become a new interpretation of IC in the new era; US and South Korean companies can quickly find opportunities in the "semiconductor crisis", turn the corner, and the Chinese market accounts for most of its sales have a lot to do However, Japanese companies are mostly oriented to the domestic market and verbally “emphasize the Chinese market” but they do not have any concrete actions. The main battlefield away from the integrated circuit industry is also far from the center of the industry.

As important as the Chinese market is the cooperation with Chinese industries. In this “faster than” competition era of “fast fish eating slow fish”, cooperation with Chinese industries has become an important way to get close to the market, respond quickly, and make full use of Chinese resources and markets.

In terms of memory, Elpida’s bankruptcy protection has an important bearing on the rise of Korean companies, while Korean companies’ “China strategy” far outperforms their peers: Hynix has already established a 12-inch factory in Wuxi, and Wuxi has The factory played a crucial role in Hynix's “winter” of the memory industry; and Samsung’s decision to invest US$4 billion in the construction of a 12-inch plant in the mainland this year is not a “last straw to beat the camel”. However, if Samsung really "InChina", then at least in the memory industry, Japan, the United States and Taiwan's "tripartite alliance" anti-Korean lost its significance. Because South Korean companies saw the general trend of “smoothing the Yangtze River”, Hynix was successful in China and Samsung took this step.

The other strong player in the field of memory, Micron, has also actively acquired Wuhan Xinxin. Without the participation of mainland powers, for the Japanese memory industry, the anti-Korean is just an empty dream. When Korean companies and American companies are rushing to lay out China's industrial chain, why do Japanese players who prefer to go to chess not regard the theory of "the main point of the enemy that is my point" in the chess culture?

In fact, not only the memory industry, but also in the competition of the entire integrated circuit industry, it is absolutely "the Chinese who get the world". Global semiconductor "first brother" Intel; memory industry leader Samsung; analog semiconductor First Texas Instruments have production lines in China, this is not a coincidence. In fact, it is even more important for these large-scale enterprises to see the importance of the Chinese elements. In the IC industry competition in the new century, the Chinese elements and even the Chinese forces are equally important. Because in the new era, the integrated circuit industry has evolved from the competition of technology and talent to the competition of market and industrial chain.

Japan and some European and American companies "sunset over the west", on the other hand, Chinese companies, in the last three years of global industrial adjustment, based on the market, make full use of the advantages of closeness to the market and InChina, China's "good scenery". Zhaoyi Technology has succeeded in developing the dynamic random access memory (DRAM) industry through the success of the Flash industry and Huaxin's acquisition of Qimonda's design department and high-end packaging line, enabling the Chinese industry to achieve a breakthrough in the memory industry; Hua Hong SMIC has achieved major breakthroughs in the development of specialty processes and advanced processes; and integrated circuit design companies represented by Spreadtrum, Lianqi, Junzheng, Ruixin, Ankai and National Technology are in the mobile phone chip, TV. Set-top box chips, multimedia chips and security chips have strong international competitiveness.

However, in the new era of oligopolistic competition, if we want to “go further” and realize “turning overtaking”, we must have “big thinking”. That is, we must dare to go global and make full use of the current adjustment of the international integrated circuit industry. The market value of some semi-conductor companies has shrunk, even the favorable timing of bankruptcy protection, active mergers and acquisitions, and the use of foreignism. Only in this way can we solve the industrial problems that cost nearly a trillion yuan each year to import chips, and realize the dream of China's IC industry powerhouse.

Fortunately, when international corporate mergers and acquisitions become “commonplace”, Chinese companies also actively integrate acquisitions and participate in international competition in a “joint fleet” approach. In just a few months, Huaxin Semiconductor, Spreadtrum and Handan have implemented successful mergers and acquisitions for international and domestic companies, accumulated rich management experience of multinational companies and the company's experience in integrating rapid development.

In this historic opportunity for global industrial restructuring, the government’s support and guidance has become a top priority. Great times require big articles, big articles need big ones. Support leading enterprises in the industry to actively go out and even “group” to go out to participate in global mergers and acquisitions; identify special funds for mergers and acquisitions as soon as possible, guide domestic funds and capital to participate in the tide of global integration; encourage investment and financing institutions such as national policy banks to actively support corporate capital Reduce the cash expenditures of enterprises in mergers and acquisitions, especially international mergers and acquisitions; introduce policies and measures to encourage cross-border mergers and acquisitions from the perspective of taxation and supporting enterprise R&D; simplify the approval process, make rapid scientific decisions, and seize the fleeting historical opportunity to participate in The global integrated circuit industry has gone through a major restructuring. (Editor: Lecea)