China's 120 billion yuan chip industry support fund will be established

Chip industry related to information security has been raised to a national strategic level. A reporter from China Securities Journal recently learned that the state will invest a huge amount of money to support the development of the integrated circuit industry. 120 billion yuan national chip industry support fund is expected to be announced in the near future. Analysts said that with the escort of 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, China's annual import of integrated circuit chips exceeds US $190 billion, which is comparable to the import of crude oil. How to get rid of external dependence and gradually realize domestic substitution is the top priority of China's information technology localization. According to the reporter of China Securities News, the state has prepared the outline for promoting the development of integrated circuit industry, which clearly pays equal attention to supporting the development of integrated circuit industry by means of financial support and equity investment fund.
An insider admitted that capital has become the main bottleneck restricting the development of the integrated circuit industry. "Over the past decade, China's IC industry has invested more than 100 billion yuan in science and technology, but compared with large international enterprises, the domestic investment in the whole industry is only 1 / 6 of Intel." he said that the importance and necessity of capital in promoting the development of IC industry have been recognized, and the coordinated operation of government financial guidance and equity investment fund is considered to be an effective means.
According to the above 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 allocated 40 billion yuan, and the rest of the funds depended on social fund-raising.
"At present, a number of central enterprises are expected to become the sponsors of the fund, including China tobacco, mobile operators, chip packaging and other powerful enterprises. The fund will adopt corporate operation and professional operation, focusing on supporting the subdivided fields such as equipment, design, manufacturing and packaging of integrated circuit chips.
"The establishment of the 120 billion yuan industrial support fund will exceed 10 years of R & D investment, which will greatly narrow the gap between China and developed countries in capital investment in the chip industry," the above-mentioned person said.
Analysts believe that the general trend of chip localization is irreversible, and the capital investment in relevant aspects is expected to achieve geometric growth. Under this background, the breakthrough and localization of core technologies will enter the peak. Chips in important fields such as cloud computing, Internet of things, big data and digital TV are expected to be replaced by imports. In the industrial chain, integrated circuit chips Chip equipment, design, manufacturing and packaging enterprises are expected to usher in high-speed development.
Build local funds in many places
The radiation effect of chips is very obvious. According to the calculation of the International Monetary Fund, the output value of 1 yuan of chips can drive the output value of 10 yuan of relevant electronic information industries and bring a GDP contribution of 100 yuan, 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 chip industry equity investment funds to cultivate the development and growth of the integrated circuit industry. After Beijing announced the establishment of a 30 billion yuan equity investment fund 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 funds will also play a guiding role of 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 the integrated circuit industry development fund. On the one hand, the fund will support the coordinated development of all links of 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 international well-known leading enterprises such as Hisilicon, Spreadtrum, SMIC international and Changdian Technology (market and consultation).
Industry insiders said that the proposal of the "national version" support policy will undoubtedly have an important demonstration and promotion effect on local support policies. In 2014, many places will introduce semiconductor industry development plans and relevant investment promotion and support policies, and establish relevant industrial development funds.

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Keyword：Chip   integrated circuit   equipment   design   manufacturing   Packaging Enterprise   Commax-Tech Electronic