As we all know, the rapid development of China's chip industry in recent years, whether it is design, manufacturing, or packaging and testing, these key links are crazy involution, and even upstream materials and equipment factories are also rolling.
On the whole, tens of thousands of new chip companies have been added in Chinese mainland every year in recent years, involving various fields, and everyone rolls together, and the companies that can't roll up will naturally go bankrupt directly.
Recently, news broke that Taiwan's chip testing giant Jingyuan Electronics (ranked 8th in the world) announced the sale of 92.2% of its equity in its Chinese mainland subsidiary Jinglong Technology and officially withdrew from the chip manufacturing business in Chinese mainland.
Jinglong's main business is 5G chips and CMOS image sensing element wafer testing, and the sale amount is as high as 4.885 billion yuan, and the takeover is Suzhou Industrial Park Industrial Investment Fund and other companies, among which Tongfu Microelectronics (the world's fourth), which ranks second in Chinese mainland, took over 26% of Jinglong Technology's equity.
Why do you want to withdraw? This is not difficult to understand, of course, it is not a domestic manufacturer, after all, Chinese mainland enterprises, in terms of chip packaging and testing, is still quite strong.
Data show that among the world's top 10 chip packaging and testing companies, there are 4 companies in Chinese mainland, and these 4 companies have taken a total of 26% of the share, accounting for more than 1/4 of the world. Jingyuan Electric is only ranked 8th, which is lower than the four companies in Chinese mainland, and there is not much advantage.
What's more, before Jingyuan Electronics, the world's largest packaging and testing giants like ASE could not roll up local manufacturers in Chinese mainland in the Chinese market, and had to sell 4 chip packaging and testing factories in Chinese mainland to Chinese capital - Zhilu Capital at a price of 1.46 billion US dollars (about 9.3 billion yuan).
Therefore, it is easy to understand that the sun and moonlight, which is as strong as the first place, cannot be rolled, let alone Jingyuandian, which ranks 8th, so it is easy to understand that it sold its subsidiary and withdrew from the Chinese mainland market.
Of course, regarding the sale of factories this time, many people think that it can be divided into two, one is that Jingyuan electric coils are not as good as mainland manufacturers, so they withdraw. After all, Jingyuandian's factory in the mainland is not so advanced in technology, so take advantage of the good price now, sell it quickly, cash out and leave, the more you go to the back, the more difficult it is to sell.
In any case, Taiwanese manufacturers continue to sell factories and withdraw, which does mean that the chip industry in Chinese mainland has risen, do you think?