HONG KONG, June 11, 2021 (GLOBE NEWSWIRE) — MobiusTrend, the fintech market research organization, recently released a research report “WIMI Hologram Cloud Develops Its Semiconductor Business in an Orderly Manner, While Europe, Japan, and South Korea Have Seized the Semiconductor Market One after Another”. China’s emerging semiconductor industry is accelerating its development under the strong support of national policies, abundant capital reserves, and large-scale investment by enterprises. It can be said that semiconductors have become an important industry supported by the country in the past two years.
What exactly is a semiconductor? According to some data on the search engine, all objects in life can be roughly divided into three categories according to their conductivity: conductors, semiconductors, and insulators. That is, objects are either conductive or non-conductive. A semiconductor is a little bit conductive, and the conductivity of a semiconductor is between a conductor and an insulator. Semiconductors are used in many fields such as integrated circuits, consumer electronics, communication systems, photovoltaic power generation, lighting applications, and high-power supply conversion. The importance of the semiconductor industry is self-evident. It is the basis for the use of various high-tech and is spread across various top technology fields. China is a big semiconductor consumer, and its annual consumption accounts for one-third of global consumption, and its imports are as high as $300 billion, which is even far higher than China’s crude oil imports.
Although China’s semiconductor industry started relatively late, it has achieved certain development in the past ten years. It cannot be ignored that the domestic demand continues to grow, while the productivity of China’s semiconductor manufacturing equipment has always been hovering at a relatively low level. According to official data, China’s productivity was only 8-11% in the past five years, and its global market share only increased from 1% in 2016 to 2% this year. In addition, the development of China’s semiconductor industry is not only under domestic pressure, but also threats from the world. As a result of a series of chip export bans initiated by the United States, countries have become increasingly “ambitious” in the semiconductor field, vying for a place in the high-end chip field. The European Union, South Korea, and Japan have joined in succession.
The European Union launched the “Semiconductor Alliance Program” in November last year. In addition to the participation of its own 22 member states, the European Union also plans to invite semiconductor leaders from various countries and regions to set up factories in Europe. The European Union also plans to cooperate with TSMC, Samsung, and Intel. On May 13, South Korea released its strategic plan for a semiconductor powerhouse, and South Korea set its sights on semiconductor equipment led by lithography machines. It is reported that South Korea has set up a special fund of 1 trillion won (equivalent to 5.7 billion yuan) for semiconductor equipment investment, which will provide capital preparation for enterprises participating in equipment investment, encourage enterprises to actively participate in semiconductor equipment research and development, and enjoy tax relief and benefits.
On May 19th, the Japanese government also released a draft of its semiconductor growth strategy. In this latest plan, Japan intends to allocate 200 billion yen (equivalent to 11.8 billion yuan) of funds, all used in the country’s semiconductor companies to expand production, and also plans to allow companies to increase local battery production to ensure the future security of supply. In terms of funding, Japan will support the technology research and development of related companies and help…