Market overview of this week:
Semiconductor market outperformed major indexes this week. This week, Shenwan semiconductor industry index rose 0.11%, the gem index fell 4.00%, the Shanghai Composite Index fell 0.39%, the Shenzhen composite index fell 1.06%, the small and medium-sized board index rose 0.04%, and wandequan a fell 1.03%. The semiconductor industry index outperformed the major indexes. Most of the semiconductor segments fell. Among the semiconductor segments, the discrete device segment rose 1.0% this week, the IC Design segment rose 0.8% this week, the semiconductor manufacturing segment fell 0.1% this week, the packaging and testing segment fell 0.1% this week, the semiconductor material segment fell 3.2% this week, other segments fell 5.0% this week, and the semiconductor equipment segment fell 5.2% this week.
Driven by policies and markets, China’s third-generation semiconductor industry has a bright future. From the market side, the demand for downstream applications is high, and the third generation semiconductor plays an important role in the field of Optoelectronics + high frequency + high-power power electronic devices. Fast charging devices, power transmission and transformation systems, rail transit, electric vehicles and charging piles all need high-power and high-efficiency power electronic devices. Electronic power devices based on SiC and Gan are favored in relevant markets because of their excellent physical properties. In the aiot era, the penetration rate of intelligent products will increase rapidly, and the business opportunity space of smart home lighting is broad. Gan has obvious advantages in short wavelength optoelectronic devices such as blue light. The 5g era drives the rapid development of Gan RF devices. Gan device has excellent working efficiency and output power, and has become the main technology of power amplifier in 5g era.
From the policy point of view, the third generation semiconductor helps to achieve the goal of “carbon peak and carbon neutralization”. The third generation semiconductor materials and technologies play an important role in building a recyclable, efficient and reliable energy network, and can help realize the efficient conversion of electric energy in the fields of photovoltaic, wind power (power production), DC UHV transmission (power transmission), new energy vehicles, industrial power supply, locomotive traction, consumer power supply (power use) and promote the green and low-carbon development of energy. The national 2030 plan and the national R & D plan of the 14th five year plan have made it clear that the third generation semiconductor is an important development direction. Now it is the stage of moving and discussing the implementation scheme.
With policy support, application promotion and capital pursuit, China’s third-generation semiconductor industry is developing at the right time.
It is recommended to pay attention to:
1) Third generation semiconductor: Starpower Semiconductor Ltd(603290) / Wingtech Technology Co.Ltd(600745) / Zhuzhou Crrc Times Electric Co.Ltd(688187) / Sanan Optoelectronics Co.Ltd(600703) / Hangzhou Lion Electronics Co.Ltd(605358) / China Resources Microelectronics Limited(688396) / Hangzhou Silan Microelectronics Co.Ltd(600460) / nano micro semiconductor / Huahong semiconductor / Wuxi Nce Power Co.Ltd(605111) / Yangzhou Yangjie Electronic Technology Co.Ltd(300373) / Sai Microelectronics Inc(300456) / Jiangsu Jiejie Microelectronics Co.Ltd(300623) / Jilin Sino-Microelectronics Co.Ltd(600360) / Tianyue advanced / Phenix Optical Company Limited(600071) / Macmic Science & Technology Co.Ltd(688711) etc
2) Semiconductor design: Sg Micro Corp(300661) / 3Peak Incorporated(688536) / Montage Technology Co.Ltd(688008) / Amlogic (Shanghai) Co.Ltd(688099) / Sino Wealth Electronic Ltd(300327) / Allwinnertech Technology Co.Ltd(300458) / Rockchip Electronics Co.Ltd(603893) / Bestechnic (Shanghai) Co.Ltd(688608) / Gigadevice Semiconductor (Beijing) Inc(603986) / Shanghai Fullhan Microelectronics Co.Ltd(300613) / Will Semiconductor Co.Ltd.Shanghai(603501) / Maxscend Microelectronics Company Limited(300782) / Shanghai Bright Power Semiconductor Co.Ltd(688368) / Starpower Semiconductor Ltd(603290) / Wuxi Nce Power Co.Ltd(605111) / Unigroup Guoxin Microelectronics Co.Ltd(002049) / Shanghai Fudan
3）IDM: Wingtech Technology Co.Ltd(600745) / Sanan Optoelectronics Co.Ltd(600703) ；
4) Wafer Foundry: Semiconductor Manufacturing International Corporation(688981) / Huahong semiconductor;
5) Semiconductor equipment materials: Naura Technology Group Co.Ltd(002371) / Jiangsu Yoke Technology Co.Ltd(002409) / Shanghai Sinyang Semiconductor Materials Co.Ltd(300236) / Advanced Micro-Fabrication Equipment Inc.China(688012) / Wuhan Jingce Electronic Group Co.Ltd(300567) / Beijing Huafeng Test & Control Technology Co.Ltd(688200) / Hangzhou Chang Chuan Technology Co.Ltd(300604) / Grinm Advanced Materials Co.Ltd(600206) / Jiangyin Jianghua Microelectronics Materials Co.Ltd(603078) ;
Risk tips: changes in industrial policies, intensified international trade disputes, and the development of downstream industries is less than expected
