The policy and implementation plan of the state-level support for the development of the integrated circuit industry, which has been speculated by the outside world for more than half a year, finally revealed the tip of the iceberg in the way of the official release of the "National Integrated Circuit Industry Development Promotion Outline" today. On the basis of maintaining the existing policies such as Document No. 18 and No. 4, the "Promotion Outline" focuses on adding three main contents.

The first is to strengthen organizational leadership, establish a national integrated circuit industry development leading group, be responsible for the overall coordination of industrial development and promotion, strengthen top-level design, integrate and mobilize resources from all aspects, solve major problems, and dynamically adjust industrial development in real time according to changes in industrial development. strategy. And set up an advisory committee composed of relevant experts.

The second is to set up the National Integrated Circuit Industry Investment Fund. Focus on attracting large enterprises, financial institutions and social funds to contribute to the fund. The fund implements market-oriented and professional operation, reduces the direct allocation of resources by the government, and promotes resource allocation in accordance with market rules and market competition to maximize benefits and optimize efficiency. The fund supports the layout of the industrial chain, focusing on supporting the field of integrated circuit manufacturing, taking into account the aspects of design, packaging and testing, equipment, and materials, and promoting enterprises to improve production capacity, implement mergers and reorganizations, standardize corporate governance, and form a healthy self-development capability.

The third is to increase financial support. The focus will be on supporting the integrated circuit industry in terms of innovating credit products and financial services, supporting companies to go public and issuing financing tools, and developing insurance products and services.

It is rumored in the industry that the detailed implementation rules will only be released in September this year, and the National Integrated Circuit Industry Investment Fund, which has attracted much attention, will also be listed accordingly. The allocation of 30 billion yuan, the social security fund of 45 billion yuan, and the other 45 billion yuan will be funded by CDB Finance, a subsidiary of China Development Bank. 40% will be invested in chip manufacturing, 30% will be invested in chip design, and the rest will be used for supporting industries such as equipment and materials. If the fund is successfully implemented, the total size of the fund will exceed the investment in the entire domestic integrated circuit industry in the past 10 years.

The feast of state-owned enterprises or the general trend of industrial integration?

The "Promotion Outline" establishes the main line of "making the market play a decisive role in the allocation of resources and giving better play to the role of the government", and "highlights the market player status of enterprises, making them the main body of innovation and the main driving force of industrial development." I am not optimistic about the prospects for the real implementation of this statement, because from the perspective of capital investment and proportion, it is expected that there will be another "national advance and private retreat": 40% of the industrial fund is invested in the manufacturing national brand headed by SMIC, while 30% % Investment in the material equipment industry should also be an enterprise with a high degree of overlap with the 02 special project. The most capable of achieving "prominent market player status" is chip design. However, judging from the recent two or three major domestic design companies privatization and mergers and acquisitions (Tsinghua Unigroup acquired Spreadtrum + RDA, Pudong Venture Capital's privatization has risen), design It is the government's main idea to develop integrated circuit design. my country's IC design enterprises are "small, weak and scattered", and the industrial concentration is low. The government guides enterprise mergers and acquisitions and promotes the integration of industrial resources. Imperative. Therefore, the industrial support fund should be mainly used for mergers and acquisitions, and large state-owned companies acquire small companies. However, unlike the previous situation where small and medium-sized enterprises have never been able to eat a "feast" in terms of government support, it is expected that private capital driven by this support fund will be more active, further accelerating the integration of the industry.

Information security is a basket, all kinds of chips can be installed

The annual import volume of domestic chip products exceeds that of petroleum, of which the import rate of high-end chips exceeds 90%. According to the data of the General Administration of Customs of China, in 2013, the import volume of China's integrated circuits was 266.3 billion pieces, a year-on-year increase of 10.13%, and the import value was 231.3 billion US dollars, a year-on-year increase of 20.47%. In the same period, China imported 280 million tons of crude oil, with a total value of 219.6 billion US dollars, and integrated circuits were the largest foreign exchange consumer in China. As the physical carrier of almost all information products at present, integrated circuits belong to a strategic industry that involves the most important national security. Therefore, this "Promotion Outline" also clearly pointed out that "it is necessary to strengthen the application of safe and reliable software and hardware, and promote the use of technologically advanced, safe and reliable integrated circuits, basic software and complete machine systems." From the current point of view, almost all types of chips are inseparable from information security. There are short-board memories in China's chip industry, high-end processors, FPGAs, and high-performance analog devices. These general-purpose high-end chips also have ubiquitous consumption in daily life. Therefore, under the banner of information security, it seems that all chip types are the beneficiaries of this industrial development promotion plan. In this regard, the "Promotion Outline" is too broad and comprehensive, and lacks focus and focus.

  Design-manufacturing-the whole industry linkage, can it be solved with money?

my country's integrated circuit industry value chain integration capability is weak, the linkage mechanism between chips and the whole machine has not yet been formed, and most of the independently developed chips have not been squeezed into the key whole machine application fields. Therefore, the linkage between the chip and the whole machine is imminent. How to make the chip and the whole machine step on a common rhythm and jump out of a tacit dance step is a hurdle that must be overcome in the future development of my country's integrated circuit industry. The "Promotion Outline" proposes to "highlight the layout of the entire industry chain of chip design - chip manufacturing - packaging and testing - equipment and materials, and develop collaboratively, so as to build an ecological chain of "chip-software-complete machine-system-information service". The law has repeatedly appeared in various IC-related policies in recent years, from central to local governments, with little success. In fact, linkage requires a premise, and it is not enough to rely on capital to maintain it. What should really be established is the trust between the chip and the complete machine company, which is the basis for good cooperation. Therefore, in addition to requiring the whole machine companies to purchase domestic chips through policy guidance or government procurement, the country should play more role as a third-party public service agency to build a bridge between upstream and downstream linkages, such as IC coffee. The industry chain club is actually very good. Using various forms, it can effectively enhance the communication and understanding of upstream and downstream enterprises, increase trust and demand docking platform. In order to realize the linkage of the whole industry, it is necessary to first create a platform that is conducive to the whole machine and chip companies. Linked environment and atmosphere.

Can the IC coffee model leverage the linkage of the entire industry chain, can it boost the construction of an industrial ecological chain?

IC Coffee is a new type of high-tech industry "chain" club. It is jointly established by senior management and enthusiastic industry veterans in the upstream and downstream fields of the industry chain, such as chips, system software and hardware, IT interconnection, media, industry analysis, and technology investment. It aims to gather everyone's wisdom by gathering senior elites in the industry. Together with resources, we will build an offline entity social platform, technology promotion and exchange platform, innovation and entrepreneurship incubation platform and early venture investment platform of the high-tech industry chain to promote the development of China's integrated circuits. The "Promotion Outline" proposes to highlight the main role of enterprises in market innovation, highlight the coordinated development of the entire industrial chain layout of "chip design - chip manufacturing - packaging and testing - equipment and materials", and then build a "chip-software-complete machine-system-information" Service" ecological chain; this is in line with the principles and consistent development direction of IC Coffee. In the past two years, what IC Coffee has done, as mentioned in the outline, has held regular small in-depth exchange meetings through the cross-regional social platform and technology exchange platform that runs through the entire industry chain. IC Coffee has become an industry leader. Think Tank Platform. On the second anniversary of IC Coffee held not long ago, the founder Hu Yunwang clearly put forward the concept and timetable of building an incubator and an entrepreneurial financing platform, which provides a beneficial choice for the coordinated development and interaction of the entire industry chain. IC Coffee's resource integration platform is an open platform that is completely demand-driven, innovation-driven, and a combination of software and hardware. By providing services such as scientific and technological exchanges and promotion, ICT venture capital, project counseling, mentor matching, financing consultants, project consulting, and project promotion, IC Coffee is committed to letting this gust of wind blow to every practitioner in the integrated circuit industry chain. China's "core" really flies at will!