From 3 people to 100 people, how can the local MCU open up the second growth curve?
The core creates everything and integrates the future! On October 30, the "5th Hard Core Ecological Conference and 2023 Automotive Chip Technology Innovation and Application Forum" hosted by Master Xin was successfully held at the Shenzhen International Convention and Exhibition Center. Huang, founder and general manager of Shenzhen Yufan Microelectronics Co., Ltd. At the summit, with the theme of "High energy efficiency packaging solutions to help MCU" , Yufan Microelectronics demonstrated the path and latest progress of Yufan Microelectronics in providing high energy efficiency packaging solutions in the field of MCU, as well as Yufan Microelectronics' latest progress in the market downturn. Fanwei’s corporate strategic deployment is how to find the second growth curve and how to break the situation.
Huang Yu, founder and general manager of Shenzhen Yufan Microelectronics Co., Ltd.
*The following content is compiled and edited based on the transcript of Huang Yu’s speech without changing the original meaning.
Under the changing market shape
Urgent need to build brand awareness
Since the Industrial Revolution in 1760, the market form has experienced iterations from the factory era, the market era to the brand era. Looking into its characteristics, in the factory era, product is king, enterprise production determines user needs, and production efficiency determines success or failure; in the market era, channels are king, products and markets form a balance, and those who win channels win the world; in the brand era, recognition is king, In the context of oversupply and excess products, only by occupying the minds of users can we win .
To clarify the market development process, Huang Yu took Yufanwei's experience from the market side to the technology side and finally returned to the brand side as an example, and put forward some thoughts on upgrading the development of enterprises:
In a highly competitive market environment, it is no longer enough to focus solely on marketing and product involution. Brand building needs to consider the optimization of the supply chain to ensure efficient production and supply. At the same time, effective cargo management is also crucial to ensure the circulation of products in the market.
Enterprise management should consider digital transformation, including the introduction of ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management) system applications to improve business efficiency and responsiveness.
Technological innovation also has a profound impact on brand building. For example, generative AI can replace a large amount of manual labor for art, editing, and software programming. Companies need to pay attention to and integrate these technological advances to remain competitive .
Find the right strategic positioning
High energy efficiency packaging solution helps MCU
Porter's five forces analysis model contains five elements: existing competitors in the industry, potential competitors, substitutes and complements, suppliers and customers . By analyzing these elements and their interactions , Yufanwei chose the path of customized packaged chips . Huang Yu said that self-developed packaged chips can not only reduce customer development costs and make development simpler, but also have the characteristics of strong confidentiality and strong compatibility, and are widely used in the small home appliance market.
Based on the existing market, Yufanwei has invested heavily in the market and technology levels and completed a series of packaging software and packaging specifications. Currently, it has applied for 21 invention patents, 2 integrated circuit layouts, and 11 pieces of software. Copyright, and has successively won the honorary titles of National High-tech Enterprise, Specialized and Special New Enterprise, and Technology-based Small and Medium-sized Enterprises .
Find the second growth curve
Ushering in a second rapid development
Huang Yu pointed out in his speech that the development of anything has a life cycle. In this life cycle, there is an initial period, a growth period, a peak period, a decline period and a decline period. The so-called second curve is to find another new high-growth curve to achieve sustained growth before the peak period arrives or disappears .
Huang Yu, founder and general manager of Shenzhen Yufan Microelectronics Co., Ltd.
In the first growth curve, Yufanwei is already the largest agent of the Jiuqi brand of consumer microcontrollers in mainland China . In order to tap the second growth curve, Yufanwei has vigorously screened customers since 2021, looking for subdivided tracks, such as e-cigarettes, fire emergency, TWS, wireless charging, etc., to make product overlays in designated fields and invest long-term resources. In addition, Yufanwei adopts a differentiated competition strategy and ultimately chooses the path of customized chip packaging to provide customers with a series of packages, ultimately achieving a smooth crossing of the second curve .
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