1. The Japanese media: China's semiconductor equipment market grew sharply; 2. Shanghai spectrum out of the operation of the bottom Ready for the fourth quarter into the season; 3. The core and the international certification Create a new era domestic USB IP solutions; 4. Huatian technology: storage layout for domestic rise; 5. LeXin and haier U + reached a strategic cooperation in the field of smart home
1. The Japanese media: China's semiconductor equipment market grew sharply;
According to "Japanese economic news" reported on September 13, semiconductor manufacturing equipment refers to the silicon wafer (substrate) over semiconductor materials such as fine circuit devices. By forming the electronic properties of the film or cutting one part made. Made into film film equipment and transfer circuit model of exposure equipment, etc. In the global market, the use of materials company is the largest enterprise. In corporate Japan, Tokyo is engaged in the film equipment such as electronic business, Canon and nikon exposure equipment, etc.
Semiconductor equipment industry groups of SEMI predict that global market scale will reach $36.9 billion in 2016. According to the market, China will increase from the previous year 31%, to $6.4 billion, is expected to surge. Size than Japan, the United States and South Korea was ranked second, second only to Taiwan semiconductor foundry giant gathered.
Mainland Chinese companies will first through the production difficulty of low memory semiconductor, can form against the world giant system. But in terms of production technology and leading a disparity between countries and regions, many view initially think China at a disadvantage in terms of quality and yield. China appears to be explore cooperation with foreign enterprises and attract skilled technical personnel and so on Taiwan. The global science and technology
2. Shanghai spectrum out of the operation of the bottom Ready for the fourth quarter into the season;
Set micro network news, Shanghai spectrum into stock up for the fourth season season, due to its inventory clearing the old panel, began to have ready for the new requirements for the fourth season, drive the eDP TCON and high-speed transmission chip shipment growth, expected fourth quarter close quarter increased 7%.
Spectrum season 3 into the off-season, camp back in August, 3rd quarter operating area gradually bottoming out, ready for the 4th season there are new requirements, drive the eDP TCON and high-speed transmission chip shipment growth, the fourth quarter will touch chip business was steady, forecasts for the fourth quarter revenue quarter increased 7%, gross margin fell to 41.7% last quarter.
Spectroscopic rui new product growth momentum next year, apple will be launched after the fourth quarter of 13 "and 15" Macbook is expected to upgrade to eDP version 1.4 TCON chip, the unit price up again, estimated this year and next year eDP TCON chip revenue proportion of 53.2%, 48% respectively.
3. The core and the international certification Create a new era domestic USB IP solutions;
Core technology of the Internet is the largest "Ming", the core technology of others is our biggest hidden danger. I have the initiative to master the Internet development in China, Internet security, national security, we must break through the core technology of this problem, in some areas, some ways to achieve "overtaking corner". For chip, the nuclear heart module is the core intellectual property (IP). But at present domestic semiconductor industry has developed rapidly, while has sprung up a group of outstanding chip companies, but is almost blank in IP market, almost no company focused on research and development of IP and foreign authorization.
USB is most common in many high-speed serial interface, the most widely application scope, and one of the biggest market value. Although widely used the USB protocol, by a large number of integration among many companies of all types of chips, but this kind of intellectual property rights, only the two countries four companies through the authentication, and really can provide an authorization to marketization core modules, only the United States a company monopoly.
At present, China's integrated circuit industry is still facing Europe, America, Japan and other countries and regions of technology blockade. Core and the goal was to break the monopoly of high-end communication field in western countries, the recent IP core and start nuclear heart project made significant breakthrough. On August 25, 2016, the core of Embedded Host to our company see the core module of intellectual property rights (Embedded USB Host IP) successfully via USB international standards organization official certification test.
The success through international certification test of "embedded host start the core module of intellectual property rights", used for processing chip high-speed data transmission and power management, the global annual production of billions of mobile phones, tablet computer, digital products used in core chip must be used, before that, this kind of intellectual property rights, only the two countries four companies through certification, and really can provide an authorization to marketization core modules, only the United States a company monopoly. Core and the breakthrough in high-speed communications field of intellectual property right, the successful break the American monopoly, on behalf of the Chinese chip design level on the international new step.
Core and the source is from silicon valley home Lu Sheng (SHENG LU) research and development team, Lu Sheng I have been in the international famous chip company executives nearly 20 years, and three times the team successful entrepreneurial experience, the team has many years of experience in research and development of the industry, who was involved in the development of international standards for high speed serial interface, and many times in silicon valley developing chip technology and parameters of the record. Core and the rapid growth cannot leave the government help enterprises supported by the entrepreneurial team leader Lu Sheng get "NaTaiHu elite plan" class A, is the combination of government funding and equity investment "dial +" way to attract the beneficiaries. Team entrepreneurship project "high-end chip interface protocols IP and the occurrence of the single chip design and development" has been registered in zhejiang huzhou the hair company, registered capital of $40 million, among them, the $12 million equity investment is the government. Huzhou city government positive attention and coordination of the project, provide the biggest policy support in the product of the process, in order to protect the the international leading project can gather global professional talent resource, government-sponsored enterprises and an r&d center, Shanghai zhangjiang silicon valley in the United States make the enterprise talent pool always stand in the forefront of world science and technology research and development, guarantee the project smoothly. The Oriental today
4. Huatian technology: storage layout for domestic rise
The point of the investment:
Layout perfect is expected to be fully enjoying cake of industry transfer, the company in half for integrated circuit testing industry continue to stumble camp accumulation for the company for effective customer and industry channel, tianshui, xi 'an, kunshan three main production base of industrial layout and effectively cover the tradition, in the high-end and fierce Þ‰ packaging production. Half a body found market growth in the whole world, the global industry turn in mainland China ¶‚ hasten „º, half body find domestic manufacturers could fully enjoy the growth of the cake.
Company as one of the leading enterprises in the integrated circuit testing in China, under the condition of the industry as a whole needs to improve, capacity expansion and capacity „a powerusageeffectiveness ascension, especially in the field of fierce Þ‰ packaging orders continue to increase, will performance steady growth for the company to provide effective support.
Cooperation in wuhan new core memory layout localization: localization of memory chips as a chip Þ‰ path clear …§ exhibition direction, obtained from the central and local government level of the support of policy, capital, look from …§ show characteristics of the industry, large …§ incredible accomplishments of the investment and industry exhibition. At present domestic memory chip is the most important project investment project in hubei wuhan Yangtze river storage co., LTD, according to the phase an angel company news and public disclosure, two main investment subject of wuhan new core incredible accomplishments die for $24 billion, while purple incredible accomplishments to the core of the investment mode is 60 billion RMB, fully embodies the country for the project are determined. As wuhan new core ‘á slightly partner, hua tian technology (12.990, 0.05, 0.39%) is expected to yield an angel project fully the push Þ‰ demand, the encapsulation of form a complete set of required test in order for a new growth point of growth of the company's performance.
Steadily push forward the denotative expansion: in the face of the situation of the integrated circuit industry downturn, the global manufacturers have adopted a …¨ sealing test let vendor integration approach, and the Chinese mainland's long telegram technology (19.190, 0.16, 0.83%) and rich micro electric (11.720, 0.00, 0.00%) and delete to $780 million and $436 million valuation of incredible accomplishments die money might sell the gold star families protein and AMD an angel measuring assets, integrating Þ‰ line in the future. Huatian technology to a $42 million charge for the Flip - ChipInternational to enhance company in FC - Bumping technical ability of the project is "small but beautiful", for the company's future integration process and the synergistic effect of …§ swing can also faster. Company is currently in xi 'an subsidiary level national integrated circuit industry funds have not realized the cooperation on the level of equity, the future through denotative expansion is still looking forward to continue to improve the company competitive.
Investment advice: we expect the company from 2016 to 2018 earnings per share to delete points 0.37, 0.52, and 0.52 yuan. Return on equity to delete points was 7.5%, 9.9% and 10.5%, to buy - A proposal, six months target price of 18.20 yuan, A second from 2016 to 2018, 49.4, 35.0, 30.3 times under state of p/e ratio. Has the net
5. LeXin and haier U + reached a strategic cooperation in the field of smart home
Recently, the domestic leader in iot chip LeXin in Shanghai held a product launch, launched its flagship ESP32 iot chip, and announced that one hundred million yuan of B grade RMB financing, investors including fosun group, haier saif, beauty industry background such as investors. At the meeting at the same time, LeXin and haier announced a strategic cooperation.
LeXin CEO Zhang Ruian introduction, LeXin the haier's focus is to build a set of strategic cooperation and can be widely used in intelligent home appliance hardware embedded solution, used to solve the multiple pain points exist widely in intelligent home appliances, including equipment distribution network hard times, the connection is not stable, data security, data collection is not standard, etc. The strategic cooperation between the two sides are based on the chip of LeXin original advantage (from the lower to the upper chip hardware can be made on the user experience do and optimize) and haier U + cloud platform as well as the wisdom of life for many years accumulation of sea er home appliance in the field of advantage, combining, integration of the both sides of the advantages of resources, cooperation r&d solve the pain points in the smart home industry, leading industry rapid development forward.
Haier electrical appliances industry group CTO, vice President zhao explained U + platform for intelligent life
Haier electrical appliances industry group CTO, vice President zhao expressed at the meeting for cooperation with LeXin information technology market confidence, in his speech he talked about "haier has been committed to promoting U + open platform for intelligent life, ecological construction has always been based on user needs and experience, value the wisdom of the software and hardware and security upgrade. This collaboration with LeXin through an open, connectivity, ecological construction, will lead the wisdom Rapid fall to the ground, and of realizing win-win."
Haier electrical appliances industry group CTO, vice President zhao explained U + platform for intelligent life
Experts said the Chinese electrical appliances research institute: haier and xin the strategic cooperation to achieve embedded solution to intelligent home appliance industry will have a profound impact, both sides committed to solve the problem of intelligent connection, network resource management, data and network security problem is the intelligent home appliance industry, the problems to be settled urgently at present is China in intelligent home appliances, haier LeXin cooperation will give industry provides a powerful solution to resolve this problem, and lead to the development of the industry.
Both sides play their advantages of cooperative development results will be widely applied to intelligent household industry in China's ecological partners, at the same time, the resources of upstream and downstream partners in joint industry chain enterprises to build domestic and world-class intelligent household ecosystem.
