According to China Central Television finance, the automotive chip market rose collectively. Taking a core chip of body electronic stability system produced by Italian French semiconductor as an example, the original price of the previous year was only about 20 yuan, which had reached 2800 yuan in the SEG electronics market in Huangpu District, Shanghai.
Tianfeng Securities Co.Ltd(601162) pointed out that automotive intelligence + electrification drives the upgrading of the overall industrial value chain, and the content + importance of automotive chips has doubled. It is expected that automotive semiconductors will account for 50% of the total cost of automobiles in 2030, which will become a new profit growth point of automobiles. Optimistic about the wave of Intelligence & under the carbon neutral policy, the automotive industry will usher in a revaluation opportunity for value growth, and the automotive chip will be revalued under the power of intelligence + electrification, which is expected to become a new driving force for the semiconductor industry.
Suppose that traditional vehicles need 500-600 semiconductor chips / vehicle, and new energy vehicles need 1000-2000 semiconductor chips / vehicle. Based on the sales volume of 72.76 million traditional vehicles and 3.24 million new energy vehicles in 2020, the demand for automobile chips is 43.9 billion per year. It is estimated that in 2026, the sales volume of traditional vehicles will be 67.8 million, that of new energy vehicles will be 44.2 million, and that the demand for automobile chips will be 90.3 billion per year. It is suggested to pay attention to IGBT & the third generation semiconductor: Starpower Semiconductor Ltd(603290) , Wingtech Technology Co.Ltd(600745) , Zhuzhou Crrc Times Electric Co.Ltd(688187) , Byd Company Limited(002594) , Hangzhou Silan Microelectronics Co.Ltd(600460) , Dongwei semiconductors, etc; Lidar: Ju Guang technology, Zhejiang Lante Optics Co.Ltd(688127) , Shun Yu optical technology, Hunan Oil Pump Co.Ltd(603319) ; Intelligent automobile: Amlogic (Shanghai) Co.Ltd(688099) , Rockchip Electronics Co.Ltd(603893) , Ingenic Semiconductor Co.Ltd(300223) , Will Semiconductor Co.Ltd.Shanghai(603501) , Gigadevice Semiconductor (Beijing) Inc(603986) , Sino Wealth Electronic Ltd(300327) ; Car server related: Montage Technology Co.Ltd(688008) ; Intelligent driving: Neusoft Corporation(600718) , Huizhou Desay Sv Automotive Co.Ltd(002920) , Thunder Software Technology Co.Ltd(300496) etc.
