Introduction
➢01 The market competition pattern is expected to show an accelerated localization situation in the future
From the perspective of the global memory chip competition pattern, the head market of DRAM memory chips and Flash memory chips is mainly monopolized by international manufacturers such as Samsung Electronics (South Korea), SK hynix (South Korea), Micron (United States), Western Digital (United States), and Kioxia (Japan). From the perspective of the competition pattern of China's listed memory chip companies, Longsys' memory chip business revenue will be the highest in 2022. GigaDevice's overall R&D and innovation capabilities are strong, and Juchen has the highest gross profit margin. As China's emerging memory chip companies, YMTC and Changxin Storage, subsidiaries of China Electronics Information Industry Group Co., Ltd., are also developing rapidly.
➢02 In 2022, the size of China's memory chip market will periodically decline to US$82.84 billion
In 2018, the size of China's memory chip market increased to US$84.36 billion, a year-on-year increase of 27.4%, with a rapid growth rate. In 2019, as the Sino-US trade war continued to ferment, the global economy declined, and the demand for downstream markets such as consumer electronics shrank, the price of NANDFlash fell by nearly 30%, and the size of China's memory chip market fell to $58.97 billion. From 2020 to 2021, the industry gradually recovered, and in 2022, China's memory chip market once again experienced a cyclical decline in the industry, with the decline of domestic and foreign consumption capacity, memory chip manufacturers have reduced production and inventory, and the unit price of NAND Flash and DRAM chip products has also fallen rapidly, eventually resulting in the size of China's memory chip market falling to $82.84 billion in 2022.
➢03 The development trend of large storage capacity and high stability of memory chips in China
With the continuous upgrading of artificial intelligence technology and the continuous improvement of the public's awareness of road safety, the number of smart cars in China is growing. In 2021, the penetration rate of smart cars in China increased to 63.8%, and the number of smart cars increased to 15.12 million units. In addition to being used in intelligent car entertainment systems, voice recognition systems, and navigation systems, the improvement of intelligent driving technology requires automotive memory chips to have faster data processing speed and larger data storage capacity.
Full text (unabridged)
Selected report source: Yinchuang Think Tank
New energy/new materials/high-end equipment manufacturing
Energy Storage丨Lithium Battery丨Sodium Battery丨Power Battery丨Fuel Cell丨Hydrogen Energy丨Photovoltaic丨Wind Power丨New Energy Vehicles丨Electronic Components丨Motor Electronic Control丨Energy Metals丨Carbon Neutrality丨Semiconductor丨Integrated Circuit丨Chips丨Lithography丨Advanced Packaging丨Silicon Carbide丨Wet Electronic Chemicals丨New Materials丨Superconducting Materials丨Rare Earth Permanent Magnet Materials丨Carbon Fiber丨Polymers