Experts from the Chinese Academy of Sciences: Integrated circuits usher in a golden decade

Latest update time：2021-09-02 00:18

Reads：

recommend : Semiconductor Industry Alliance WeChat Platform icunion (Press and hold to copy)

China Securities Network News (Reporter Li Xingcai) "Is there a bubble in China's semiconductor industry? It is just a warm-up at present. Driven by the 'chain integration' of the industrial chain, financial chain and innovation chain, the development of China's integrated circuit industry will enter a golden age." Ye Tianchun, director of the Institute of Microelectronics of the Chinese Academy of Sciences, said at the 13th China Semiconductor Packaging and Testing Technology and Market Annual Conference held in Xi'an on the 11th.

Integrated circuits will usher in the era of "three-chain integration"

"The development of any industry requires the coordinated promotion of the industrial chain, innovation chain and financial chain." Ye Tianchun got straight to the point. This "three-chain integration" will bring China's integrated circuits a golden development period in the next ten years. Ye Tianchun believes that whether in terms of policy or industry, China's semiconductors are ushering in an era of "three-chain integration".

From the perspective of national policies, the country emphasizes the deployment of innovation chains around the industrial chain. To this end, the country has successively launched major national science and technology projects such as "Core High-tech Basics", "Integrated Circuit Project", and "New Generation Wireless Communication" since 2008; in order to accelerate the construction of the industrial chain, the country has issued "Several Policies on Further Encouraging the Development of Software Industry and Integrated Circuit Industry" since 2011; in 2014, the "National Integrated Circuit Industry Development Promotion Outline" was issued and the National Integrated Circuit Industry Investment Fund (hereinafter referred to as the Big Fund) was established, which finally activated the financial chain.

In terms of industrial performance, Ye Tianchun said that the innovation chain has made major breakthroughs and the industrial chain has developed rapidly, but there is still a long way to go. In the innovation chain, major national science and technology projects have laid a technical foundation, cultivated talents and industrial systems, and created good conditions for large-scale industrial investment; the integrated circuit industry chain, especially the equipment and material industry fields, has also made initial breakthroughs, forming a group of equipment and material companies such as Shanghai Zhongwei, North Microelectronics, and Shanghai Microelectronics. Regarding the financial chain

that has attracted widespread market attention, Ye Tianchun said that the task of the Big Fund is to activate the financial chain and guide the formation of a "three-chain integration" situation. He believes that the investment of 100 billion yuan in integrated circuits is not enough, and only 1 trillion yuan investment can achieve the effect; and the current investment speed of the big fund is too slow. What is more important is that the big fund should leverage 2-3 times the social funds and 4-5 times the bank funds of the big fund to enter the industry; therefore, he suggested that the investment proportion of the big fund's specific projects should not exceed 20%.

Regarding the current widespread investment, Ye Tianchun said that the development of integrated circuits should focus on the development of advantageous regions and strive to cultivate world-class and corresponding industrial clusters.

Have the vision of "making slow money" and integrated development

To develop integrated circuits, long-term and arduous efforts are required. Ye Tianchun said that engaging in integrated circuits requires a strategic vision of "making slow money".

Integrated circuits are the core of national information security and intelligent manufacturing and must be developed. However, unlike the Internet industry, integrated circuits are a typical heavy asset and high-tech industry, which also determines that this industry "large investment, large returns, medium investment, no returns, small investment, large losses". In the face of the current leading foreign technology and investment funds, China's development of integrated circuits cannot care about the immediate short-term returns and cannot "make quick money".