The dilemma and way out of the development of China's semiconductor industry

The dilemma and way out of the development of China's semiconductor industry

On the evening of April 19, 2022, the 142nd "Financial Academic Frontiers" report conference was held online. barcode scanning solutions The theme of this current affairs report is "On the dilemma and outlet of the development of China's semiconductor industry", organized by the Financial Research Center of Fudan Development Institute, the director of the center, Professor Sun, as chairman, Professor Sun's research team members made a report. Based on the content of the report, public information and on-site discussion, this article will be carried out from the background, semiconductor industry overview, semiconductor development in China, expert opinions and further discussion.

The economic status of the semiconductor industry

In February 2019, the Semiconductor Industry Association (Sia) announced that "more than 1 trillion" chips were sold in 2018 alone. precision automation systems According to the Wall Street Journal, semiconductors are the fourth most traded product in the world after crude oil, refined oil products and automobiles. According to the Semiconductor Industry Association (Sia), the size of the global semiconductor market in 2021, shipments in 2021 were 115 trillion tons and the semiconductor industry was $555.9 billion, an increase of 26.2% over 2020 and a record high. Among them, China is the largest semiconductor market in 2021, with a transaction volume of $192.5 billion. John Neuffer, president of Singapore Airlines, said global semiconductor companies increased production capacity last year to meet growing demand due to a global chip shortage. With shipments and transactions at record highs, demand for semiconductors is set to grow significantly in the coming years as the underlying technology requires chips now and in the future. President Biden explicitly referred to chips as "infrastructure," pointing out that semiconductor chips in high demand are the new universal currency. They are a key component of almost every industry and drive the global economy.

Today, a smartphone has far more computing power than the computer NASA used to send humans to the moon in 1969, thanks to the rapid spread of high-performance chips. semiconductor manufacturing solutions First, almost all emerging technologies, such as artificial intelligence, cloud computing, Internet of Things, blockchain, 5G, autonomous driving, wearable devices, etc. It's driven by key semiconductor components. At the same time, in consumer electronics, medical, communications, information security, automotive, industrial, military, aerospace and other traditional fields, the application of semiconductors has a long history, and the semiconductor industry is also constantly enabling the upgrading of traditional industries. It is no exaggeration to say that almost any modern industry is inseparable from the chip. The semiconductor industry is the pillar of modern industry, supporting the development of emerging industries and the upgrading of traditional industries.