China's chips have collectively exploded, with profits of 57 companies increasing by 200%, setting a new record?
It has to be said that the more the United States suppresses China's chip industry, the faster China's chip industry is rising, and its technology, processes and production capacity are growing beyond U.S. expectations.
Recently, some media counted the performance of listed semiconductor companies in the first half of the year and found that 57 companies have announced their performance. The combined net profit of these 57 companies increased by 200% year-on-year to about 13.5 billion yuan. This is another new record second only to 2022.
Why are these listed companies performing so well? The reason is simple: the global semiconductor industry is currently recovering, and China, as the world's largest chip demand market, is naturally recovering faster.
Chinese semiconductor companies can be said to be in a good position to take advantage of the market. On the one hand, they are stimulated by market demand, and on the other hand, they naturally benefit from domestic substitution.
At present, many domestic companies, when using chips, if there is no substitute, they will naturally adopt imported chips, but if they can be replaced by domestic products, they will of course replace them with domestic products. Therefore, the revenue of domestic semiconductor companies has increased significantly, and the profit has increased by 200%.
According to data from US media, mainland China currently ranks first in the world in chip production capacity, with a production capacity ratio of up to 24%, surpassing all countries and regions in the world including Taiwan, South Korea, and Japan.
In addition, the US media predicts that in the next 10 years, mainland China's chip production capacity will continue to remain first. By 2032, the proportion may drop to around 21%, but it will still be first in the world.
Data shows that there are currently 44 wafer fabs in mainland China, and 22 wafer fabs are under construction, which are expected to be completed within three years. Once completed, the production capacity of mature chips may increase by 30-50%.
In addition, more than 10 wafer fabs are planned for the long term and may be started in the next 3-5 years.
Because China's chip production expansion is so rapid, American experts have previously stated that although China is developing mature chips on a large scale, its operating costs are the lowest in the world due to its cheap labor, sound industrial system, and the time is right. I'm afraid that China's mature chips will take over the world.
Once mature chips are occupied by Chinese companies, it will promote the development and inclination of the entire supply chain. Eventually, China will definitely make breakthroughs in advanced chips and eventually sweep the world.
Of course, this is somewhat exaggerated, but it is undeniable that if China continues to expand production, even if it currently focuses on mature chips, it will definitely make breakthroughs in advanced chips in the future and become the global chip overlord. This is only a matter of time.