One of the main drivers of td-scdma technology datang telecom is one of the traditional telecom equipment companies. Td-scdma operations in China, however, proved a failure, China mobile on December 4, 2013 for the td-scdma LTE licence after entering the 4 g era, the first td-scdma's voice was smaller in the industry. Datang telecom in 2014 began to lose no time to put the business focus to the national policy and funding to support the integrated circuit industry.
But the transformation in two years, datang telecom into long scale not only profit. Financial data show, datang telecom in 2015 operating income of 8.603 billion yuan, up 7.75%; Net income of 028 million yuan, fell 87.1%. By the first quarter of 2016, although the datang telecom operating income rose 118.13% year-on-year, reached 1.906 billion yuan, but in losses, loss of 151 million yuan. At the same time, datang telecom forecast, the cumulative net profit in the first half of 2016 the company is a loss.
Why does appear this kind of situation? Datang telecom has pointed out that the main reason for revenue growth lies in the design of the end plate and the integrated circuit design plate caused by operating income growth; At the same time, due to the terminal and terminal chip design business competition is intense, although revenue growth, but this does not mean that their gross margin increased, corporate profitability remains to be improved.
Policy support is an advantage
Datang telecom to integrated circuit industry, with investment of 2.5 billion yuan in the first half of 2014 was established datang semiconductor design co., LTD. (hereinafter referred to as the "datang semiconductor"). Datang semiconductor IC design industry, datang telecom group is unified operation platform, including the core technology, datang microelectronics industry unit, large Tang Enzhi pu semiconductor, etc.
With the beginning of the transformation, datang telecom's business sector also be divided into integrated circuit design, the terminal design, software and application, mobile Internet four pieces. According to financial data, the revenue of map of 2014 2014 yuan, the first three pieces of business achieved 2.854 billion yuan and 2.193 billion yuan respectively, 2.615 billion yuan of revenues, the proportion of 36%, 27% and 33% respectively; In revenue map of 2015 2015 yuan, the first three pieces of business revenue 2.616 billion yuan, 3.395 billion yuan and 3.395 billion yuan respectively, the proportion of 30.4%, 39.5% and 25% respectively.
At the same time of increasing costs, datang telecom integrated circuit design and terminal design two pieces of the profitability of the business is declining. As the integrated circuit industry, according to a unified operation platform, datang semiconductor can achieve 370 million yuan 2014 earnings, earnings scale rapidly falling to $9.15 million in 2015; Of datang microelectronics and al core technology profit of 147 million yuan, 147 million yuan respectively, 2014, 2015, datang microelectronics profits dropped to 61.73 million yuan, core losses of 6.35 million yuan of science and technology.
In terminal design plate, datang telecom's xi 'an datang telecom co., LTD., datang telecom communication terminal manufacturing (tianjin) co., LTD., etc., in 2014 appeared different degree of loss, in 2015 continued losses and scale.
"Policy support has been one of the advantages of datang telecom. In the era of td-scdma, datang telecom won the support of policy, then td-scdma washed-up, datang telecom, in the integrated circuit industry, it is also a national identity, the good policy does not make a good business." One industry source said in an interview with the author.
Should improve their innovation ability
Datang telecom CEO wang has said publicly, "according to datang telecom 'much starker choices-and graver consequences-in planning, we will reduce the resources of all the focus in the field of integrated circuit." On the concrete practice, will have to have a principle, the introduction of a group of a group of integrated circuit industry, or enterprise. At the same time, the stock of the integrated circuit industry or enterprise mixed change, revitalize the batch; The cross correlation, and is mainly operating conditions is not very good individual industry or business, will repel a batch.
In 2015, headed by thunis Chinese companies constantly "buy buy" in the global chip industry, headed by the national IC industry funds the government capital continuously in the field of integrated circuit manufacturing "throw shots", the industry has spread the message of datang telecom plans to purchase Marvell. Learned, Marvell (happy electronic science and technology) was founded in 1995, in the absence of wafer has ranked the world's sixth in the semiconductor companies, and even higher than that of huawei haisi, spreadtrum. In the face of China enterprise acquisitions, Marvell out price is $2 billion, and datang telecom willing to accept the price of $500 million, so the two sides did not reach an agreement.
For mergers and acquisitions, datang telecom chairman Cao Bin publicly said, "we are sure to do mergers and acquisitions." In datang telecom "much starker choices-and graver consequences-in planning", "industrial management + capital" as to further confirm the path of the integrated circuit industry transformation. Wang recently in explaining this path said that "in the industry, through innovation driven development. At the same time, by means of capital, using the platform of listed companies, through the issuance, restructuring, mergers and acquisitions, realizes the industry in a cage bird."
China semiconductor industry association (a person recently said in an interview with the author, in view of the world's largest consumer market in China, the Chinese government hopes that by policy and financial support and so on ways to do big IC industry, there's nothing wrong with this idea; The key problem is that the chip industry core technology is not strong, industry scale small, should be wary of overheated investment, resulting in resource and a waste of money; Enterprises should also from technology innovation to improve their competitiveness in the global market, rather than rush at the sight of the policy is good.
