The rapid development of 5G networks has become an important driving force for the rapid growth of the semiconductor industry

1. Overview of the semiconductor industry chain

Generally speaking, the semiconductor industry chain can be divided into upstream semiconductor raw material and equipment supply, midstream semiconductor product manufacturing and downstream applications. Among them, the upstream link is the supporting link of the entire industrial chain, providing raw materials for the production of midstream semiconductor products, while the downstream application scenarios include network communications, computers, consumer electronics, industrial control, automotive electronics and other fields, and the demand growth led by these application scenarios provides the core driving force for the rapid development of the semiconductor industry.

The rapid development of 5G networks has become an important driving force for the rapid growth of the semiconductor industry

As far as the semiconductor midstream industry is concerned, that is, the production and manufacturing of semiconductor products, it can be roughly divided into three major links: semiconductor product design, manufacturing, and packaging and testing.

The details are shown in the figure below:

Taking the most common integrated circuit (IC) production process as an example, the chip design link refers to the process of functional and circuit structure design of integrated circuit (IC), which usually includes multiple stages such as demand analysis, circuit design, logic design, physical design, verification and testing. After the specific layout design of the chip is completed, it enters the next manufacturing step, that is, the wafer processing link, which refers to the transformation of the original silicon wafer (wafer) into the finished chip through a series of process steps, including wafer material selection, cleaning treatment, chemical mechanical polishing (CMP), lithography, etching, ion implantation and WAT testing. After the wafer production is completed, it enters the packaging and testing process. Under normal circumstances, before the chip enters the packaging stage, it will conduct wafer testing (ChipProbing, CP test) on various electronic components before packaging, pre-screen out unqualified products and reject them, and conduct a round of finished product testing (FinalTest, FT test) again after the packaging is completed to verify the reliability of the chip in actual use. After conventional chip packaging, the finished product must pass environmental tests, electrical tests, physical performance tests and other tests, and radio frequency (RF) devices also need to add RF performance tests, and the relevant tests can be used for production in downstream application fields.

In summary, semiconductor device testing is an important step in the semiconductor design, production, packaging, and testing process, as the last link in the production of semiconductor products, it can distinguish defects, verify whether the device meets the design objectives, separate good products from bad products, and whether it can pass relevant tests determines whether the product can enter the downstream field and participate in the development of downstream application products. Semiconductor device testing is a critical step in ensuring the quality, performance, and reliability of semiconductor products, and is of great significance to both manufacturers and end users. Effective reliability testing of semiconductor products can minimize the delivery of defective products, improve product quality, and ensure the success of semiconductor products in the market.

The reliability, effectiveness and safety of the component reliability testing system play a key role in the smooth operation of the semiconductor industry chain, and have significant economic and social benefits.

2. Subdivide the reliability test method of semiconductor devices

The production process of semiconductor devices is complex and sophisticated, covering multiple manufacturing steps. To ensure the quality and performance of the final device, rigorous quality control and performance testing must be carried out at different stages. According to the different use links and testing items in the semiconductor manufacturing process, semiconductor device testing is mainly divided into front-end-of-line (FEOL) and back-end-of-line (BEOL), which correspond to different stages of semiconductor manufacturing, each with its own focus, and together constitute a complete semiconductor device quality control system.

(1)前道检测(FEOL)

Front-end inspection is mainly aimed at the front-end process stage of semiconductor manufacturing, that is, thin film deposition, lithography, ion implantation, etching and other steps in the wafer manufacturing process. The main task of this phase is to form micro/nano structures (such as transistors, capacitors, interconnects, etc.) with specific electrical properties on silicon substrates (wafers). The main features and contents of front-end testing are as follows:

(2)后道检测(BEOL)

Back-end testing is mainly aimed at the back-end process stage of semiconductor manufacturing, that is, the finished chip stage after the wafer has been cut and packaged. The main task in this phase is to connect the individual bare chips to the external circuit board via packaging technology to form a complete electronic system. The main features and contents of back-end testing are as follows:

In summary, the front-end inspection and back-end inspection correspond to the front-end and back-end process stages of semiconductor manufacturing, respectively, with the former focusing on process control, microscopic defect detection, and device characterization evaluation in the wafer manufacturing process, while the latter focuses on post-packaged chip function verification, electrical performance testing, environmental adaptability, and system integration testing. The two work together to form a rigorous quality management system for semiconductor devices to ensure the high performance and reliability of the final product.

3. Analysis of the development of the global semiconductor industry

(1) The development process of the semiconductor industry: the industrial chain has gradually shifted to the mainland

The semiconductor industry originated in the 50s of the 20th century, with the rapid progress of technology and the rapid investment of capital, the semiconductor industry has achieved rapid development and gradually established a sound industrial chain. However, due to the characteristics of the industry, which covers multiple production technology processes, continuous upgrading of technology, and high investment risk, and with the rapid development of the downstream consumer market, the direction of the semiconductor industry chain from integration to vertical division of labor has been continuously clarified. So far, the industry has experienced a total of 3 spatial industrial chain transfers, as shown in the following table:

To sum up, since the development of the semiconductor industry, the global semiconductor industry pattern has been constantly changing. At present, the global semiconductor industry is experiencing the third industrial chain transfer, and the industry demand center and capacity center are gradually shifting to Chinese mainland.

(2) The global semiconductor industry is in a stage of rapid growth

On the whole, with the rapid growth of technology, the acceleration of digital transformation, the rapid increase of semiconductor product application scenarios, and the rapid development of 5G and the Internet of Things, the global semiconductor industry is currently in a stage of rapid growth. First of all, with the rapid development of innovative technologies such as advanced process technology, three-dimensional integration, and artificial intelligence, the performance of semiconductor products has been continuously improved, and the semiconductor industry has become more and more widely used in various fields. Secondly, with the wide application of digitalization, cloud computing, big data and other technologies in various industries, the demand for semiconductors, as an important raw material for infrastructure construction to support the development of these fields, has increased rapidly. Thirdly, with the rapid popularization of smartphones, IoT devices, electric vehicles, etc. in emerging markets, the application scenarios of semiconductor products are increasing rapidly, and the demand for semiconductor products has also risen significantly. Finally, with the commercial use of 5G networks and the rapid development of the Internet of Things, the demand for high-speed and low-latency communication has promoted the R&D and production of advanced communication chips, which has become an important driving force for the rapid growth of the industry.

(3) The global semiconductor market is huge

In 2022, the total global semiconductor sales will be US$574.080 billion, an increase of 92.44% compared with 2010. On the basis of huge scale, the semiconductor market has obvious cyclical fluctuations and is greatly affected by the macroeconomy.

From the perspective of the sales scale of semiconductor products, semiconductor products can be mainly divided into four categories: integrated circuits, discrete devices, optoelectronic devices and sensors, among which integrated circuits have always been the main products in the semiconductor industry. From 2010 to 2022, the sales of integrated circuit products accounted for more than 80% of the sales of all semiconductor products. In 2022, the total global sales of integrated circuits will be US$474.402 billion, and the global integrated circuit industry sales will reach US$573.5 billion, with a huge market size.

From the perspective of the global distribution of the semiconductor industry, since 2010, semiconductor sales in the Asia-Pacific region have accounted for more than 50% of global sales, and have stabilized at more than 60% since 2016, which is the focus of global semiconductor development. The Asia-Pacific region is the largest market, followed by North America, the European Union and Japan.

(4) Core technology and human resources have become the sustainable development of the industry

One of the keys to the sustainable development of the semiconductor industry lies in the supply of core technological innovation and human resources. Advanced processes, materials and design are the pillars of the semiconductor industry, and technological innovation determines the competitiveness of enterprises in the market. Protecting the intellectual property rights of core technologies and improving the R&D capabilities of enterprises are crucial to the long-term development of the industry.

3. Analysis of the development status of the semiconductor industry in mainland China

(1) In the stage of rapid development, the market scale continues to expand

At present, with the transfer of the spatial position of the third semiconductor industry chain and the continuous improvement of the government's attention to the semiconductor industry, the semiconductor industry in mainland China is in a stage of rapid development. From the perspective of the overall market size, the total sales of the semiconductor industry in mainland China will reach US$186.300 billion in 2022, an increase of 30.06% compared with US$143.240 billion in 2019, and a compound annual growth rate of 9.16% in three years. In addition, from 2017 to 2022, China's semiconductor market sales accounted for more than 30% of global market sales, showing a steady and increasing trend.

Statistics on sales of China's semiconductor market

(2) The industrial growth rate is fast, and the industrial structure is gradually optimized

Taking integrated circuits, which account for the largest proportion of semiconductor products, as an example, from 2015 to 2021, the total output value of the integrated circuit industry in mainland China increased from 360.980 billion yuan to 1,045.830 billion yuan, with a total growth rate of 189.72% and a compound annual growth rate of 19.40%, and the industry grew rapidly. In terms of specific industrial division of labor, in 2021, the sales volume of the integrated circuit design industry in mainland China was 451.900 billion yuan, a year-on-year increase of 19.60%, the sales volume of the integrated manufacturing industry was 317.630 billion yuan, a year-on-year increase of 24.07%, and the sales volume of the integrated circuit packaging and testing industry was 276.300 billion yuan, a year-on-year increase of 10.10%.

(3) Laws and regulations have been promulgated one after another, and the industry has developed rapidly

In recent years, the mainland government has successively issued a number of documents such as the "National Integrated Circuit Industry Development Promotion Outline", "Notice of the State Council on Printing and Distributing Several Policies to Promote the High-quality Development of the Integrated Circuit Industry and Software Industry in the New Era", and "Outline for the Construction of a Quality Power", all of which clearly pointed out that it is necessary to strengthen technology research and development, improve the level of the industrial chain, and strengthen the international competitiveness of the mainland semiconductor industry, and put forward a series of supporting policies, including financial support, tax incentives, land policies, etc., to promote the rapid development of the semiconductor industry.

For more industry information, please refer to the "2024-2030 Semiconductor Industry Chain Subdivision Product Research and Prospect Research and Forecast Report" of PwC Consulting, at the same time, PwC Consulting also provides market special research projects, industry research reports, industrial chain consulting, project feasibility study reports, specialized and special new small giant certification, market share reports, 15th Five-Year Plan, post-project evaluation reports, BP business plans, industrial maps, industrial planning, blue white papers, national manufacturing single champion enterprise certification, IPO fundraising feasibility study, IPO working paper consulting and other services. （PHPOLICY:MJ）

Table of Contents:

Chapter 1: 2018-2023 survey of China's semiconductor industry chain

Section 1: Analysis of the upstream and downstream industrial chains of China's semiconductor industry

1. Introduction to the principle of the industrial chain model

2. Analysis of the industrial chain structure of the semiconductor industry

Section 2: Development and Prospect Forecast of Upstream Industries of China's Semiconductor Industry

1. Introduction of the main upstream products

2. Analysis of the supply situation of major upstream industries

3. Supply forecast and analysis of major upstream industries from 2024 to 2030

Fourth, the price analysis of major upstream industries

5. Price forecast and analysis of major upstream industries from 2024 to 2030

Section 3: Development and Prospect Forecast of Downstream Industries of China's Semiconductor Industry

1. Structure diagram of downstream application fields

2. Analysis of the application fields of downstream market segments

1. Analysis of the semiconductor market for A

(1) The status quo of industry development

(2) The scale of demand

(3) Demand outlook forecast

2. Analysis of the semiconductor market for industry B

(1) The status quo of industry development

(2) The scale of demand

(3) Demand outlook forecast

3. Analysis of the semiconductor market for industry C

(1) The status quo of industry development

(2) The scale of demand

(3) Demand outlook forecast

4. Analysis of the semiconductor market for industry D

(1) The status quo of industry development

(2) The scale of demand

(3) Demand outlook forecast

5. Analysis of the semiconductor market for other fields

(1) The status quo of industry development

(2) The scale of demand

(3) Demand outlook forecast

Chapter 2 Analysis of the Market Development Status of the Global Semiconductor Industry

Section 1: Analysis of the development scale and current situation of the global semiconductor industry

Section 2: Market competition and regional distribution in the global semiconductor industry

Section 3: Regional Market Analysis of Asian Semiconductor Industry

1. Analysis of the market status of the Asian semiconductor industry

2. Analysis of the market size of the Asian semiconductor industry

3. Forecast and analysis of the Asian semiconductor industry from 2024 to 2030

Section 4: Regional Market Analysis of the North American Semiconductor Industry

1. Analysis of the market status of the North American semiconductor industry

2. Market size analysis of the North American semiconductor industry

3. Forecast and analysis of the North American semiconductor industry from 2024 to 2030

Section 5: Regional Market Analysis of the European Semiconductor Industry

1. Analysis of the market status of the European semiconductor industry

2. Analysis of the market size of the European semiconductor industry

3. Forecast and analysis of the European semiconductor industry in 2024-2030

Section VI Analysis of Other Regions

Section 7: Forecast of the scale and trend of the global semiconductor industry from 2024 to 2030

Chapter 3 Analysis of the Development Environment of China's Semiconductor Industry

Section 1: Analysis and Forecast of China's Macroeconomic Environment

1. Analysis of domestic economic development

2. Forecast of economic trends

Section 2: Analysis of the Policy Environment of China's Semiconductor Industry

1. Analysis of the industry regulatory system

2. Major laws, regulations, policies and development plans

3. Analysis of the impact of national policies on the development of the industry

Section 3: Analysis of the Social Environment Development of China's Semiconductor Industry

1. Analysis of the development status of the industry

2. Analysis of the development of the social environment of the semiconductor industry

3. The impact of the social environment on the industry

Section 4: Analysis of the technical environment of China's semiconductor industry

1. Analysis of the current situation and characteristics of industry technology

2. Prediction of industry technology development trends

Chapter 4 Operation of China's semiconductor industry from 2018 to 2023

Section 1: Analysis of Development Factors of China's Semiconductor Industry

1. Analysis of favorable factors in the semiconductor industry

2. Analysis of unfavorable factors in the semiconductor industry

Section 2: Market size analysis of China's semiconductor industry

Section 3: Analysis of the supply situation of China's semiconductor industry

Section 4: Analysis of the demand of China's semiconductor industry

Section 5: Analysis of Supply and Demand Balance in China's Semiconductor Industry

Section 6: Analysis of the Development Trend of China's Semiconductor Industry

Section 7: Analysis of the main entry barriers of China's semiconductor industry

Section 8: Development Status and Prospects of China's Semiconductor Industry Market Segments

Chapter 5 Monitoring of the Operational Data of China's Semiconductor Industry

Section 1: Analysis of the overall scale of China's semiconductor industry

Section 2: Analysis of production, sales and expenses of China's semiconductor industry

1. Analysis of finished products in the industry

2. Analysis of industry sales revenue

3. Analysis of the total asset-liability ratio of the industry

Fourth, the analysis of the profit scale of the industry

5. Analysis of the total output value of the industry

Sixth, the industry cost of sales analysis

7. Analysis of industry sales expenses

8. Analysis of industry management expenses

9. Analysis of industry financial expenses

Section 3: Analysis of Financial Indicators of China's Semiconductor Industry

1. Industry profitability analysis

2. Analysis of the solvency of the industry

3. Analysis of industry operating capabilities

Fourth, the analysis of industry development capabilities

Chapter 6 Analysis of China's Semiconductor Market Landscape from 2018 to 2023

Section 1: Analysis of the concentration of China's semiconductor industry

1. Analysis of market concentration in China's semiconductor industry

2. Analysis of regional concentration of China's semiconductor industry

Section 3: Problems and countermeasures in China's semiconductor industry

Section 4: Analysis of the Market Competitiveness of Chinese and Foreign Semiconductor Industries

Section 5: Analysis of the Competitive Landscape of the Semiconductor Industry

Chapter 7 Price Trend Analysis of China's Semiconductor Industry

Section 1: Analysis of Price Influencing Factors in the Semiconductor Industry

Section 2: Analysis of the current price status of China's semiconductor industry from 2018 to 2023

Section 3: Price Trend Forecast of China's Semiconductor Industry from 2024 to 2030

Chapter 8 Analysis of the regional market status of China's semiconductor industry from 2018 to 2023

Section 1: Regional market size distribution of China's semiconductor industry

Section 2: Analysis of the semiconductor market in East China

1. Overview of East China

2. Analysis of the supply and demand and scale of the semiconductor market in East China

3. Forecast of the semiconductor market in East China from 2024 to 2030

Section 3: Market Analysis in Central China

1. Overview of Central China

2. Analysis of the supply and demand and scale of the semiconductor market in central China

3. Forecast of the semiconductor market in Central China from 2024 to 2030

Section 4: Market Analysis in South China

1. Overview of South China

2. Analysis of the supply and demand and scale of the semiconductor market in South China

3. Forecast of the semiconductor market in South China from 2024 to 2030

Section 5: Market Analysis in North China

1. Overview of North China

2. Analysis of the supply and demand and scale of the semiconductor market in North China

3. Forecast of the semiconductor market in North China from 2024 to 2030

Section 6: Market Analysis in Northeast China

1. Overview of the Northeast region

2. Analysis of the supply, demand and scale of the semiconductor market in Northeast China

3. Forecast of the semiconductor market in Northeast China from 2024 to 2030

Section 7: Market Analysis in Northwest China

1. Overview of the Northwest Territories

2. Analysis of the supply and demand situation and scale of the semiconductor market in Northwest China

3. Forecast of the semiconductor market in Northwest China from 2024 to 2030

Section 8: Market Analysis in Southwest China

1. Overview of the Southwest Region

2. Analysis of the supply and demand and scale of the semiconductor market in southwest China

3. Forecast of the semiconductor market in southwest China from 2024 to 2030

Chapter 9 Competition in China's Semiconductor Industry from 2018 to 2023

Section 1: Analysis of the Competition Structure of China's Semiconductor Industry

1. Competition among existing enterprises

2. Analysis of potential entrants

3. Threat analysis of substitutes

Fourth, the bargaining power of suppliers

Fifth, the bargaining power of customers

Section 2: SWOT Analysis of China's Semiconductor Industry

1. Analysis of industry advantages

2. Analysis of industry disadvantages

3. Industry opportunity analysis

Fourth, industry threat analysis

Chapter 10 Analysis of key enterprises in the semiconductor industry from 2018 to 2023

Section 1 Enterprise A

First, the company profile

Second, the main products of the enterprise

Third, the main economic indicators of the enterprise