According to China Semiconductor Industry Association statistics, in 2014 China integrated circuit industry in the first quarter was 58.75 billion yuan in sales, up 13.4%. Among them, the design industry sales of 17.92 billion yuan, an increase of 28.1%; manufacturing sales of 15.37 billion yuan, an increase of 4.5%; packaging and testing industry sales of 25.46 billion yuan, an increase of 10.1% "developing countries integrate circuit industry promotion summary "formally promulgated and implemented, the industry quickly attracted a great deal of attention.

 

The semiconductor industry is information security, the national economy is extremely important strategic industries. While large domestic semiconductor wafer demand, but too small proportion of domestic production, most of them imported from Japan and South Korea and other countries, 80% of the wafer domestic consumption are imported, especially high-end wafer almost all imports. "Lack of core (wafer) and less soul (operating system)," the situation on the one hand directly hindered China's industrial development, on the other hand foreign chipmakers possible loophole by setting the wafer to steal confidential data, and public information, thus threatening national security. In addition to safety concerns, the integrated circuit industry to drive economic effect is obvious. IMF estimates, the dollar value of the wafer 1 can drive related electronic information industry output value of $ 10, bringing $ 100 in GDP. From the national strategic perspective, the next few years, the state will increase its efforts to support the semiconductor industry from the capital, taxation perspective. Haitong Securities is expected to be large numbers of mergers and acquisitions in the coming years the semiconductor industry event.