"China is expected to achieve the world's leading semiconductor companies in the future 10 years, the premise is that they have to fill some technical gap and other challenges." McKinsey, head of Asia Pacific semiconductor consulting business, global partner Chris Thomas McKinsey on June 3, the semiconductor market, media communication meeting.
In recent years, China's semiconductor industry into a high-speed development track. McKinsey study shows that in 2015 China's semiconductor consumption continues to "beat" the global market, consumption growth of 9%, to $150 billion, equivalent to a global share of 43%.
In June 2014 issued by the state council, promote the national integrated circuit industry development program in May 2015, "made in China 2025" planning to put forward the integrated circuit industry specific goals. Is one of the content, to form a group of 2030 in the global semiconductor market leading enterprises.
Chris Thomas believes that China's semiconductor enterprises "going out" is imperative, because domestic mobile market is cooling, and Chinese equipment manufacturers have been obtained in home market dominant position.
The importance of global leadership for Chinese companies is based on scale and experience of efficiency. Chris Thomas pointed out that all kinds of industry-specific ranked first and second semiconductor companies, almost 100% of the total economic profits earned industry, and not one among the leading companies in almost all losses.
According to McKinsey, at present China has tens of billions of dollars are invested in the semiconductor industry, is used to support local suppliers and support enterprises to overseas acquisitions. However, while during the period of 2012 to early 2012, a series of Chinese enterprises overseas mergers and acquisitions, but at present China's semiconductor trading accounts for only 5% of the world have reached a deal to 10%.
But Chris Thomas pointed out that in the next 10 years China semiconductor companies will have greater development, is expected to achieve the world's leading. Achieve this vision, Chris Thomas thinks that Chinese companies need to shift from four aspects.
One is more emphasis on the role of talent, attract research, product research and development, operation and business management, the most outstanding global talent. 2 it is to rely on technology, technical innovation, technical leader thinking mode, investment and focus on the proprietary technology breakthroughs can cause persistent differentiation. Three is to skilled in architecture and implementation and global leader relations of cooperation. Four is willing to make longer-term investment should be encouraged and across business cycle type patient financial capital investment.
Chris Thomas in particular, investment patience is an important factor restricting the development of China's semiconductor. "Many investors or companies want 3 liang years will pay off, it is difficult to achieve. The semiconductor industry investment success may need to wait for ten years or longer."
