On October 9, 2016, chairman xi in article 36 of the political bureau of the central collective learning of China stressed that the independent innovation to accelerate the network information technology, to promote high performance computing, mobile communication, quantum communication, core chip, operating systems, such as research and development and application of a major breakthrough, accelerate the domestic independently controllable alternative plans, building security control system of information technology.

Integrated circuit in a key position in the information security

At present domestic imports about eighty percent of the chip needs, chip has become China's first major imports more than oil, development of autonomous control integrated circuit is very urgent.

Hardware is all of the information network, big data, the basis of computing systems, integrated circuit is the core of the hardware, so the development of integrated circuit is to realize the modern information technology as well as the cornerstone of information security. In terms of autonomous control, we believe that the core chip of independent research and development is the only way, to the whole hardware independent production will be the future development trend.

The entire semiconductor industry according to the product category, 2013 integrated circuits, discrete devices, optoelectronic devices, sensors, the size of the market 250.7 billion, 18.2 billion, 27.5 billion and $18.2 billion respectively, accounted for 82%, 6%, 9% and 6% respectively.

China although the IC market scale is large, but the inevitable question is its rate is low. According to customs statistics, in 2015 China's integrated circuit import amount is 6% higher than the same period last year, $230.7 billion, and export amount is only $69.31 billion, import and export trade deficit is still $161.39 billion, indicating that domestic chip supply side has a huge supply independently.

Integrated circuit out mergers and acquisitions become more common

Moore process, in the face of international semiconductor giant half a century of accumulation and continuous high scientific research investment, China's industrial base and the scientific research determines it is difficult to nearly as well, sea high-quality enterprise m&a completion mainland IC industrial chain short board is an effective development strategy, to realize the independent control is an important choice. Now Mr. Parker m&a Lexmark well after the second stage review by CFIUS, is expected to open a new chapter of Chinese enterprises overseas mergers and acquisitions.

, according to research institutions IC insights from 2012 to 2014 global IC industry mergers and acquisitions amount to $9.5 billion, $11.5 billion and $11.5 billion respectively. In the first half of 2015, the integrated circuit industry mergers and acquisitions of total $72.06 billion, more than four times the full year 2014. Global semiconductor industry matures, peer competition intensifies, technology, market, talent resources such as large concentrated increasingly obvious trend, combination become the new normal.

Chinese companies accelerated the recent mergers and acquisitions at sea, fit the global IC industry mergers of big background, factors of dividend policy is also cannot be ignored at the same time. On October 14, 2014, general office of the ministry released documents the national integrated circuit industry investment fund formal establishment, 120 billion yuan of national integrated circuit industry investment fund is established, where the funds are established, to promote China's integrated circuit industry usher in a new golden development.

Overseas mergers and acquisitions is a good time to undertake international technology gradient transfer, China become the largest market, integrated circuit for the development of China's integrated circuit enterprises provides a rich diversity of market demand, while the overseas Chinese talents regression and local talents growth for China's integrated circuit industry development provides a rich talent pool, the sea high-quality enterprise m&a completion mainland IC industrial chain short board is an effective development strategy, to realize the independent control is an important choice.

The developing direction of internal integration and integrated circuit industry

Global IC industry has entered a significant adjustment period, improve industry concentration, a lot of field has formed two to three foreign capital enterprise monopoly, domestic companies through the capital operation, research and development of core technology, expanding production capacity, improve operation scale, to counter the external competition so as to maintain national information security. High-quality listed companies such as mega innovation, resistant to vie with capital platform of science and technology to achieve the spanning development, among them NOR Flash rookie trillion easy innovation is listed "full moon" is all the material assets reorganization.