"What do you think of SMIC's listing?"

Bao Fan asked: "At least 30 billion yuan will be raised, plus TSMC will continue to block Huawei's ......"

Shen Feng couldn't help but sigh, if it weren't for the United States' suppression and blockade of our technology companies, the vast majority of people in China would not know that there is such a big gap in strength between us and our opponents in the field of high-end technology!

I wouldn't know that making chips was such a difficult and important thing.

The enemy is the best teacher.

The bitter shouts of the old-timers in the field of scientific research for so many years are far less effective than the slaps directly slapped by their opponents?

Looking at the world, only a few companies such as Intel, Samsung, and TI can independently complete all the processes of design, manufacturing, packaging and testing.

Most chip companies choose to be a Fabless, that is, to specialize in chip design. For example, Huawei, ZTE, MediaTek, Qualcomm, ......

The foundry responsible for foundry production is mainly TSMC, GLOBALFOUNDRIES, UMC, SMIC......

China is a big country, and there is no IDM model of enterprises at present!

Take the most popular 5G terminal chip as an example, there are only 5 companies in the world that have the ability to make products, Huawei HiSilicon and UNISOC are ours, and MediaTek is Baodao. The other two are Qualcomm of the United States and Samsung of South Korea.

Thinking of this, Shen Feng asked, "How far is our level?"

"Far, far away!" Bao Fan took a deep breath and said helplessly: "SMIC has achieved mass production of the 28nmHKC+ platform, completed the development, customer introduction and mass production of 14nm FinFET technology, and is in the process of customer introduction of 12nm technology. “

"Optimistic prediction that it can be upgraded to 7nm process in 22 years and 5nm process in the second half of 24 years......"

"TSMC has been mass-producing 14nm for 15 years, and is now in full production of 5nm......"

"The gap between the two is at least five years!"

Shen Feng shook his head, the field of science and technology is definitely slow step by step, let alone five years, even half a year is forever separated by yin and yang.

"For SMIC, we must first love, and then we must be rational. The listing on the STAR Market is only a small step forward, and there is still a long way to go. ”

Bao Fan explained: "The chip industry has always followed the rhythm of Moore's law and developed rapidly, and the process has developed from micron to nanometer, and then from 90nm and 65nm to the current 7nm and 5nm ......."

"To get on this boat is to sail against the current, and if you don't advance, you will retreat!"

"Whether it's Foundry or Fabless, it's a business on thin ice. Only by constantly investing resources and constantly upgrading can we avoid falling behind in the fierce pursuit. If you fall behind, you are eliminated. ”

"Don't look at the chip is made of sand......"

"Throw money, people, time, and luck!"

Shen Feng suddenly felt a sense of powerlessness, after the outbreak of the chip embargo in 18 years, many companies vowed to use billions to make chips, as if they were very bold and determined. Central Plains Book Bar

In fact, not to mention billions, even if it is tens of billions, it is just a drop in the bucket for investment in the chip industry.

The R&D and design of any 28nm chip starts from hundreds of millions. For example, Huawei's Kirin 980 has a R&D cost of 300 million US dollars, and a 28nm process integrated circuit production line is not worth 5 billion US dollars.

SMIC's listing raises tens of billions of funds, and half of the 14nm process wafer factory is gone.

What's more, talent is not something that money can throw.

The biggest thing is time.

Even if you are willing to spend money and people on chips, it does not mean that you will succeed, and the key depends on whether you can survive the time.

I can sit on the bench for ten years cold!

It's no joke, it's a long journey from the start of the investment to seeing the returns. Burning money every day without seeing a return, who can stand it?

As long as you can't stand it and choose to give up, you will lose all your previous efforts.

If you invest money, you will definitely be able to produce results, and you will invest if you grit your teeth, the key is that there is a great risk in it.

If tape-out fails, for many companies, they simply can't afford such losses, which may directly lead to bankruptcy.

Even if the chip is made, if the market does not recognize it, it cannot be sold or the sales are not good, it also means huge economic losses, which may lead to a collapse or even complete failure.

The difficulty of chips,

It's hard to get to the sky!

"So now the domestic chip companies with small achievements have crawled out of the pile of dead people, which is worthy of everyone's admiration and love. ”

Bao Fan said seriously: "It is these companies that are carrying the banner of Huaxia chips and moving forward with their heads held high. ”

Shen Feng nodded, and went back to let Li Nanjun pay attention to this field and find some potential stocks to support and support.

Someday the Sand Gathering Tower,

Don't be afraid of your opponent's tricks!

"Recently, Samsung and TSMC officially launched a competition at the 7nm node, do you know who is sitting behind the mountain and watching the tiger fight?"

Bao Fan smiled: "Old Yin IBM!"

"Sneaking up on a $3 billion project – 7nmandBeyond. The first is to develop processes that can economically manufacture processes of 7nm and below. The other aspect is to find new materials and technologies that can support the continued development of the advanced process. ”

Shen Feng sighed, he deserved to be a giant, and he would smash it if he said three billion US dollars.

The point is that people have a place to smash it!