Towards the end of May.

In the living room of the villa, Tian Jiayi looked at Fang Hong, who was sitting next to him, and said: "Today, the state has introduced an integrated circuit policy to accelerate the development of the domestic semiconductor industry, and the Ministry of Science and Technology has issued the '02 special', that is, the document of the "Very Large Scale Integrated Circuit Manufacturing Technology and Complete Process" project. ”

Hearing the word "02 special", Fang Hong couldn't help but retrieve the memory information of his previous life in his mind, and immediately nodded silently to himself.

The timing is about the same, and the previous life launched the policy around this point in time.

At the same time, Tian Jiayi said in an orderly manner: "The content and goals of this special project are to focus on the key manufacturing equipment of 45 nm to 22 nm, develop 32 nm to 22 nm complementary metal oxide semiconductor CMOS process, 90 nm to 65 nm characteristic process, carry out 22 nm to 14 nm forward-looking research, form 65 nm to 45 nm equipment, materials, process supporting capabilities and integrated circuit manufacturing industry chain, and further narrow the gap with the world's advanced level. The share of equipment and materials in the domestic market reached 10 per cent and 20 per cent, respectively. ”

It is worth mentioning that major special projects are major strategic products, key common technologies and major projects completed within a certain period of time through core technology breakthroughs and resource integration to achieve national goals.

It can be said that it is the top priority of scientific and technological development.

Qunxing Capital is deeply involved in it, and the investment in the primary market over the years, the big money burners are concentrated in the major technical engineering fields that the country urgently needs to solve, and its eight strategic investment directions have basically been covered.

Such as core electronic devices, high-end general-purpose chips and basic software, very large-scale integrated circuit manufacturing technology and complete sets of processes, a new generation of broadband wireless mobile communications, high-end CNC machine tools and basic manufacturing technology, water pollution control and treatment, major new drug creation, large aircraft, high-resolution earth observation systems, manned spaceflight and lunar exploration projects.

It also includes strategic industries such as information and biology, energy, resources and environment.

The development pattern of the domestic integrated circuit industry has quietly changed in recent years, and the biggest change is that the city has gradually built an integrated circuit industry cluster.

It can be said that one-third of the country's integrated circuit industry practitioners have gathered in the new city, and it continues to increase.

Now there is even such a saying in the industry, if you want to make semiconductors, go to Xincheng!

If you want to start a semiconductor company, you have to go to Xincheng, go there, as long as you have real skills, you don't have to worry about not getting financing, because Qunxing Capital is in that city.

At present, the desolate scene in the western suburbs of the new city is gone, replaced by new and wide roads, as well as R&D centers, corporate headquarters and so on in the park.

The city of Xincheng originally relied on the real estate industry and a small amount of manufacturing, but because of the rise of Qunxing Capital and the high-tech industrial park promoted by Qunxing Capital, the city of Xincheng naturally followed the transformation of technology manufacturing to become the core pillar industry of the city.

The continuous ease of high-end talents has also pushed the housing prices of the new city to rise rapidly.

It is passive and inevitable that science and technology manufacturing has become the core pillar industry of the new city, because the high-tech industrial park in the western suburbs is not only the integrated circuit industry, but only a part of it.

The headquarters of Kyushu Blue Arrow Company is located there, where several companies are researching and designing satellites, and the headquarters of Kunpeng Technology is also here.

However, among the enterprises stationed in the industrial park, enterprises in the integrated circuit industry account for 40%, more than one-third, which means that 4 out of every 10 enterprises here are dry semiconductors or related to them.

For example, there are five manufacturers of semiconductor thin film deposition equipment; There are two manufacturers of etching equipment; There are three companies that study EDA software and one that studies lithography machine equipment; There are two companies that do testing equipment, three companies that do cleaning equipment, two companies that are engaged in gluing and developing, four companies that do polishing equipment, two companies that do heat treatment equipment, three manufacturers that do ion implanters, and two manufacturers that do degumming equipment.

These companies currently have one thing in common, they all have the same major shareholder behind them, and that is Qunxing Capital.

At the end, Fang Hong said in a deep voice: "Semiconductors, according to our established route, first eat the low-end market, and then say, exclusively for 65 nanometers, 55 nanometers, 45 nanometers, these nodes, after the foreign enterprises reduce the price, then we have to sell directly at a lower price, don't be afraid of not recovering the cost, Qunxing Capital will provide sufficient financing support, equity financing to the limit, then go debt financing." ”

Make-up classes have to make up tuition, and labor pains are inevitable.

But in the long run, if the low-end chip market is eaten, foreign manufacturers will not be able to sell much high-end chips.

Because the high-end is expensive, because it is expensive, it will inevitably have less shipments.

How many such expensive chips can the market accept? The demand is definitely not comparable with low-end chips.

If domestic semiconductors can make low-end chips into cabbage prices, and then iterate from low-end to high-end, after eating the low-end market, foreign chip manufacturers are actually very uncomfortable, just like the stock market has no leeks, the main force will be very uncomfortable, it is the same reason.

Moreover, many application scenarios do not require too high-end chips, unlike high-end smartphones, which have extremely demanding requirements for chips.

Like some military fields, places with more extreme working environments pay more attention to the reliability of chips, and it is more important to say that it is more important to resist manufacturing, such as high-end chips such as high-end smartphones.

The current situation is that foreign chip manufacturers have monopolized the high-end market, and others simply don't even do low-end when they see that they can't do it.

Therefore, there are fewer and fewer manufacturers in every link of the semiconductor industry chain, such as the lithography machine gradually left with ASML.

But the reality is that low-end chips are also extremely important to those chip giants, and if someone eats all its low-end chips, it is impossible to cover the R&D costs by selling high-end chips.

In fact, not only the chip semiconductor industry, but also the entire industrial manufacturing industry, the hollowing out of the manufacturing industry on the old American side is very uncomfortable, which Fang Hong, as a reborn person, knows even more.

If it is not uncomfortable, then there will not be such an urgent hope that "Dong Wang" will return to North America.

For the strategic planning in the field of chip semiconductors, Fang Hong's strategic goal is very clear, not just staring at high-end chips, the correct way to break the game is to eat the low-end first, eat as much as you can, and the more you eat, the more you can further slow down the progress of foreign chip giants to iterate high-end new products.

Originally, high-end chips could be one generation after another, but they were dragged into a year and a half or two years, and the catch-up of the independent substitution of the domestic semiconductor industry is tantamount to taking the lead in situ, and then they are frantically catching up, and the gap will inevitably accelerate the narrowing.

……