The chip industry related to information security has been elevated to a national strategic level. A reporter from China Securities Journal recently learned that the state will invest heavily to support the development of the integrated circuit industry. The 120 billion yuan national chip industry support fund is expected to be announced in the near future. Analysts said that with the escort of the national team funds, the equipment, design, manufacturing and packaging enterprises of integrated circuit chips are expected to usher in rapid development.

corporate operation

At present, my country's annual import of integrated circuit chips exceeds 190 billion US dollars, which is comparable to crude oil imports. How to get rid of external dependence and gradually realize domestic substitution is the top priority of my country's information technology localization. According to a reporter from China Securities Journal, the state has now completed the "Outline for Promoting the Development of the Integrated Circuit Industry", which clearly supports the development of the integrated circuit industry with both financial support and equity investment funds.

An industry insider admitted that capital has become the main bottleneck restricting the development of the integrated circuit industry. "my country's integrated circuit industry has invested more than 100 billion yuan in science and technology in the past ten years, but compared with international large enterprises, the domestic industry-wide investment is only 1/6 of Intel's." He said that the importance and necessity of capital in promoting the development of the integrated circuit industry It has been recognized that the coordinated operation of government financial guidance and equity investment funds is considered to be an effective means.

According to the above-mentioned sources, it is under the guidance of this idea that the National Chip Industry Support Fund is expected to be announced in the near future, with a scale of 120 billion yuan. The state finance allocated 40 billion yuan, and the rest of the funds depended on social fundraising.

"At present, a number of central enterprises are expected to become the sponsors of the fund, and powerful enterprises such as China Tobacco, mobile operators and chip packaging are among them. The fund will adopt corporate operation and professional operation, focusing on supporting integrated circuit chip equipment, Design, manufacturing, packaging and other subdivisions.

"The establishment of the 120 billion yuan industrial support fund will exceed ten years of R&D investment. This will greatly narrow the gap with developed countries in terms of capital investment in the chip industry." The above-mentioned person said.

Analysts believe that the general trend of localization of chips is irreversible, and related capital investment is expected to achieve geometric growth. In this context, breakthroughs in core technologies and localization will enter a peak period. Chips in important fields including cloud computing, Internet of Things, big data, and digital TV are expected to achieve import substitution. In the industrial chain, the equipment, design, manufacturing and packaging enterprises of integrated circuit chips are expected to usher in rapid development.

Create local version funds in many places

The radiation effect of the chip is very obvious. According to the calculation of the International Monetary Fund, the output value of 1 yuan of chips can drive 10 yuan of output value of related electronic information industry and bring 100 yuan of GDP contribution, which has a positive impact on solving local employment and realizing local economic transformation.

In fact, earlier than the national team, all localities have begun to build local versions of the chip industry equity investment funds to cultivate the development and growth of the integrated circuit industry. After Beijing announced the establishment of an equity investment fund with a scale of 30 billion yuan to build the integrated circuit industry at the end of last year, Wuhan, Shanghai, Shenzhen, Hefei, Anhui, Shenyang and other places have also accelerated.

An industry veteran said that the local version of the fund will also play a guiding role in government funds, expand capital channels such as venture capital funds, and encourage and attract institutional investors, industrial capital and overseas capital to participate in the establishment of integrated circuit industry development funds. On the one hand, the fund will support the coordinated development of all links in the integrated circuit industry chain by means of equity investment, on the other hand, it will promote the merger and reorganization of key enterprises and the construction of industrial parks, which will undoubtedly benefit HiSilicon, Spreadtrum, SMIC, Changdian Technology (market, consultation) and other internationally renowned leading enterprises.

According to industry insiders, the proposal of the "national version" support policy will undoubtedly have an important demonstration and promotion effect on local support policies. In 2014, many localities will issue development plans for the semiconductor industry, as well as relevant investment and support policies, and establish relevant industry development funds.