1. Industry as a whole: the two main lines of supply-demand imbalance and localization substitution in the first half of 2022 will continue to boost the upward scale of the semiconductor industry market. 5g mobile phones, new energy vehicles, Internet of things equipment and other downstream markets are in the ascendant, bringing new increment, opportunities and competition to the fields of semiconductor upstream design, midstream and downstream manufacturing and substrate materials. China's semiconductor industry is still on the long way to follow the competition. The "lack of core" and localization substitution bring opportunities for Chinese enterprises to accelerate and shorten the gap. The improvement of product competitiveness is the key to ensure that the market door is always open, and scientific and technological innovation is the key to win the future.
2. On the supply side, the supply shortage is expected to be significantly alleviated after the release of new capacity in the middle and late 2022. Supply interruption and supply chain security issues have prompted many countries to promote the localized deployment of semiconductor industry chain, and the pattern of semiconductor industry chain may be far-reaching affected.
3. On the demand side, the market penetration of 5g mobile phones in the field of traditional consumer electronic terminals has increased steadily, and the rapid growth of sales of wearable devices has driven the upward shipment of RF front-end modules. Yole predicts that the market scale of RF front-end from 2021 to 2025 will be about 10.65%. The emerging market sector continues to boom. Iota analytics predicts that the sales growth rate of IOT terminal equipment will be about 17.89% in 2022; Deloitte expects the new energy sales CAGR to reach 37% from 2021 to 2025; MCU and power semiconductor benefit from the expansion of demand. Icinsights predicts that the market scale of MCU in China will reach 6.3% from 2021 to 20225, and omdia predicts that the market scale of IGBT for new energy vehicles in China will be about 33.15% from 2020 to 2024.
4. Attention:
A) RF front-end module, MCU and power semiconductor sector B) technological breakthrough of China's leading semiconductor enterprises
