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The global integrated circuit equipment market is highly monopolized
• Characteristics: strong technical barriers brought by short technology renewal cycle, great market barriers brought by high degree of market monopoly, and extremely high recognition barriers brought by competition and cooperation among customers. Therefore, the integrated circuit equipment market is highly monopolized, and the segmentation market is dominant;
• IC industry belongs to the industry with heavy capital expenditure, "big investment, big income, medium investment, no income, small investment, big loss";
• According to the global Wafer Fab Forecast report released by SEMI, 62 new wafer processing lines are expected to be built globally in the four years from 2017 to 2020. Among them, 26 new fabs will be built in mainland China, making it the most active region in the world in terms of new wafer fab construction. The total investment is expected to account for 42% of new wafer fab construction globally, which is the highest in the world.
China's IC equipment market high-end proportion is small, and most of the foreign manufacturers
• In 2018, the size of China's semiconductor equipment market reached 13.11 billion US dollars, but according to the statistics of China Association of Electronic Special-purpose Equipment Industry, the sales volume of domestic semiconductor equipment is estimated to be 10.9 billion yuan in 2018;
• Since 2018, anti-globalization has been upgraded. The US has taken the initiative to launch trade frictions with China, represented by the ZTE incident, which has exposed China's shortcomings in key technology fields.
Processor, major technology upgrade cycle every 8-10 years
• A major upgrade of the processor every 8-10 years brings a new growth cycle. Intel corporation of the United States is a leading enterprise in the design of the current global processor field, and also one of the links with the highest technical barriers in the semiconductor industry.
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