Micron's scrutiny was an unexpected interference from external forces for some storage companies, a rare type of marginal large improvement that no one considered until Friday's close. At present, the impact of this matter on module factories such as Longsys cannot be specifically judged. Many friends are asking me in private messages, but I can't get back, and I have a unified view:
Micron's current share of DRAM/NAND is 25%/13%, especially DRAM, which has only three suppliers, and if the review continues, it will definitely affect the domestic supply and demand structure. In addition, there is a crucial data to understand: aesthetics accounts for 40% + of the share of automotive-grade DRAM, the second place is Beijing Junzheng, and regardless of whether the review results disable Micron, Beijing Junzheng's share will definitely increase, because car manufacturers, especially in China, will worry about what to do if they come again in the future, so this matter is a great marginal improvement under external forces for Beijing Junzheng, and it can be inferred linearly and the certainty is full;
The same logic can be extrapolated to several other domestic storage pellet factories, although they are not listed, but GigaDevice can be roughly equal to Hefei Changxin (GigaDevice is Changxin's only module factory in the world, accounting for 40% of future planned shipments, and GigaDevice does not have any overseas storage pellet inventory), this business also benefits from the above logic; For the two companies of Dongxin and Puran Technology (and another main business of GigaDevice ), Nor Flash has already had an exit plan, and stopped capital expenditure a few years ago, and the two companies currently at the head of the industry in TW, in the previous expectations, have included the judgment that Micron's future share of Nor will gradually return to zero, so the marginal change in NOR is not particularly obvious, it can only be said that the direction is also good, after all, it accelerates the process of zeroing;
In December 2017, Micron filed a lawsuit against Fujian Jinhua and UMC in a California federal court, alleging that UMC stole intellectual property rights in its memory chips, including key memory chip technologies, and handed them over to Fujian Jinhua. At the same time, Micron comprehensively changed its lobbying strategy in 2018, and in 2017, Micron's main lobbying content was tax relief, fiscal allocation, science and technology policy and other perspectives.
In 2018, it fully shifted to trade sanctions, Section 301 investigations, intellectual property protection, and lobbied the Ministry of Commerce 10 times in one year.
According to all the lobbying data required by the U.S. House of Representatives and federal regulations, Micron Technology has lobbied the most times to the Department of Commerce and the Office of the Trade Representative in the U.S. semiconductor industry since 2018, and is the only U.S. semiconductor company to raise questions about "China and competition".
From 2018 to 2022, Micron submitted more than 170 lobbying content to government departments, of which trade, intellectual property rights, and Chinese competition content were almost directly directed at China, and technology, manufacturing, and immigration content were also highly related to China, accounting for 67% of China-related lobbying content in addition to tax and appropriation lobbying content.
Of course, Micron has also been handsomely rewarded for active lobbying. In October 2018, the U.S. Department of Commerce stated that "Jinhua may use technology from the United States, threatening the long-term economic viability of basic suppliers of U.S. military systems" and added Jinhua to the Entity List. Subsequently, all personnel of American semiconductor equipment manufacturers in Jinhua, Fujian were withdrawn, and all equipment installation and process debugging were terminated. In 2022, Changjiang Storage failed to enter Apple's supply chain and was included in the Entity List, China's storage industry was fully sanctioned, and Micron benefited from the scenes.
Eventually led to mainland Jinhua, UMC, Yangtze River storage, dead death, wounded injury
It can be said that Yangtze River Storage is now the only leader and hope for memory chips in mainland China
The 100% Yangtze River storage has made another major breakthrough. No more being held back. Otherwise, don't dare to touch Micron
The second phase of the big fund invested in Yangtze River Storage
Recently, Changjiang Storage Technology Holdings Co., Ltd. has undergone industrial and commercial changes, and the second phase of the National Integrated Circuit Industry Investment Fund Co., Ltd., Changjiang Industrial Investment Group Co., Ltd., and Hubei Changsheng Development Co., Ltd. have been added as shareholders. At the same time, the registered capital of the company increased from about 56.27 billion yuan to about 105.27 billion yuan.
Among them, the first shareholding date of the second phase of the large fund is February 27, 2023, with a shareholding ratio of 12.24%, and the subscribed capital contribution reached 12.887 billion yuan.
It is worth mentioning that the first phase of the big fund also invested in Changjiang Storage, with a current shareholding ratio of 12.8796% and a subscribed capital contribution of 13.558 billion yuan.
On the same day, March 31, Japan announced that it would restrict the export of 23 types of semiconductor manufacturing equipment
Yangtze River storage industry chain
Longsys: engaged in the research and development, design and sales of Flash and DRAM memory
GigaDevice Innovation: The world's No.1 fabless NOR Flash supplier, self-developed DRAM chip successfully mass production
Unigroup Guowei: Xi'an Unigroup Guoxin, a shareholding subsidiary, is engaged in DRMA design
Demingli: Main NAND Flash main control chip
Baiwei Storage (sub-new): A fast-growing domestic storage company that has launched high-performance memory chips and memory modules
Dongxin Co., Ltd.: It is currently one of the few R&D and design companies in China that can provide NAND, NOR, DRAM design processes and solutions at the same time
Deep Technology: China's largest independent DRAM memory chip packaging and testing company, the world's second largest hard disk head manufacturer
Hengshuo Co., Ltd. (sub-new): a leading NORFlash memory chip design company in China
Puran Co., Ltd.: Deeply cultivates the NORFlash memory track, specializing in the design and sales of general-purpose non-volatile memory chips
Tongyou Technology: is a leading enterprise-level professional storage manufacturer in China, and its products are mainly enterprise-level storage systems and military industries
Beijing Junzheng: Beijing Sicheng's main products are DRAM memory chips
Montage Technology: One of the world's three major memory interface chip manufacturers
Juchen Co., Ltd.: The world's leading EEPROM manufacturer, memory module set (SPD), with non-volatile memory chips
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