1 thought on “Blind investing in national core chips to become core scams”
Sonia
As the semiconductor industry is favored by the government and capital, provinces across the country are setting off a "core" campaign. In the first half of 2020, more than 140 semiconductor projects in 21 provinces had landed, with a total investment of at least 307 billion yuan. In August 2020, nearly 10,000 companies planned to participate in the chip industry. The number of transfer companies in Jiangsu, Zhejiang, Shaanxi, Tianjin, Liaoning, Chongqing, and Jiangxi increased by 196.94%, 547.37%, 618.25%, 465.31%, 387.76, 387.76 %, 422.73%and 412.12%. As of September 1, 2020, China has set up 7021 new semiconductor companies, and in 2019, more than 10,000 new semiconductor companies have been established.
Under the appearance of the national semiconductor projects, the following points have been hidden.
The investor's motivation is impure, and the chip becomes "core deception". In recent years, some local governments have been eager to achieve success to support state -owned funds support. As a result, the money has not been spent, but the chip project has not made much progress, causing the local government to suffer huge losses. In this regard, Wuhan Hongxin and Jinanquan are typical representatives. Wuhan Hongxin claims to invest 128 billion yuan, but the actual funds are very limited. From beginning to end, shareholders lack the sincerity of investment. To this day, the real -time capital is still zero. Falling in a shock state. The same method was staged again in Jinan Quanxin. In February 2020, Jinan Quanxin's actual capital was about 510 million yuan. The actual capital contribution was still a state -owned enterprise actually controlled by local governments, which is exactly the same as Wuhan Hongxin.
It is to induce government and merchants to collude, bringing corruption and power to rent. At present, the government's investment in semiconductor technology has spared no effort, and a large amount of state -owned funds have flooded to the semiconductor industry. Many people open the joints in unfair ways and obtain high state -owned funds. The most typical example of this aspect is Dehuai Semiconductor. The founders of Deco Code used the background of studying and working in the United States, Japan, and starting the company in Nanjing, Ningbo and Huai'an, and collected a large amount of state -owned funds. In the end, Nanjing Deco Code, which claims to invest 3 billion US dollars, applied for bankruptcy in May 2020. Ningbo Chengxing Semiconductor has no follow -up after receiving 7 million government funds. This carries huge debt. Throughout the process, the problem of corruption was clustered.
three is the introduction of technical introduction to greedy for the ocean, accompanied by his wife and folding soldiers. At present, some officials are not good at cultivating local enterprises, but they are very keen on attracting investment. They hope to invite the "foreign monk" to read the scriptures, as if the foreign monk reads a few spells, a industry can change out of thin air. In the face of some multinational companies, I was fascinated instantly. At the expense of high investment, not only did they not introduce technology, but instead accompanied their wives and folded their troops. Essence In 2017, Giro Fangde and the Chengdu government jointly invested $ 9 billion to build a 12 -inch wafer foundry line. However, the huge investment has not achieved much effect. Chengdu Gexin has already died and has been looking for a receiver, but no one dares to be a white knight. At present, the device worth 10 billion yuan in the wafer factory can only be placed there to accumulate dust. Guizhou Huaxintong is another tragic case. In January 2016, the Guizhou government and Qualcomm jointly established Huaxintong, with a total investment of 1.85 billion yuan. Although Huaxin Tong's high -profile advertisement is independent, in fact, this ARM server CPU is the vest of Qualcomm ARM server CPU. Since the ARM server CPU has no market at all in the commercial market, many manufacturers who have once bet on ARM are also unsustainable. Qualcomm decided to abandon the ARM server CPU. After Qualcomm abandon the ARM server CPU, Huaxin Tong has become rootless wood. Naturally, it naturally. It's also closed.
The four is to ignore external risks and blindly invest in harm. As the Xinchuang market has become the air outlet, in order to enter the Xinchuang market and gain more market share, some ARM camp manufacturers do not take products and services as their selling points, but use political and business relations as a breakthrough. Packaged into autonomous technology, wearing circle movements across the country, policies and markets from local governments, and single source procurement. At present, Company C has 16 companies nationwide, while company H company has Beijing, Tianjin, Fuzhou, Xiamen, Chengdu, Mianyang, Chongqing, Shanghai, Zhengzhou, Xuchang, Qingdao, Jinan, Hefei, Xi'an, Nanjing, Guangzhou, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen Dongguan, Nanning, Taiyuan, Hangzhou, Ningbo, Tongxiang, Wuhan, Wuhan, Changsha, Fuling, Harbin, Shenyang, Changchun and other cities signed an agreement to establish a KP industrial base. From the perspective of the company's operation, companies C and KP have high frequencies in a short time in a short time. The establishment of a wholly -owned subsidiary and the construction industrial base are not in line with business logic. Because most of these subsidiaries and industrial bases have the same functions, the business overlaps, and the entire machine manufacturing is not high -tech, and the market size of the institutions and units is limited. This scale of production will bring serious overcapacity problems. Not long ago, as the external environment became more and more severe, the company H had lost the ARM chip streaming channel, and the country's KP industry base faced the dilemma of lack of cores, and the production capacity and delivery capacity were seriously affected. Almost half shock. It could have been used to make up for shortcomings such as chip manufacturing, equipment, and raw materials, and wasted on the production line of the entire machine factory.
The chip industry needs to be polished carefully in the way of grinding a sword for ten years, not to be made in short -term chicken blood.
At present, the "core" campaign set off in China is unreasonable. Many companies that devote themselves to "core" not only are poor in technology accumulation, but also have no motivation problems.
On from the perspective of industrial development, chips are high -investment and long -term projects. What needs to be concentrated on the development of resource focus. Today, the development of semiconductor industries in various provinces in the country will only disperse limited power, in vain, in vain, in vain, Wasting a large amount of state -owned funds and time.
Global perspective, American semiconductor companies are mainly concentrated in Silicon Valley. The Japanese semiconductor industry cluster is located in Silicon Island of Kyushu. The Korean semiconductor industry cluster is located on Gyeonggi -do and Zhongqing Road. There are no flowers in Hsinchu Science Park.
The technical development must follow objective regulations, and it must be gradual. Local governments should not try to eat fat people with short -term policies and state -owned capital. The more resources, the more the chicken will fly, and the south will be different.
At present, the top level should strengthen the overall planning of the semiconductor industry and plan and develop industries with an attitude of grinding a sword for ten years. In the formulation of industrial policies, the layout of the actual situation and the existing industrial characteristics must be made to make the design, manufacturing, equipment, raw materials, and packaging in the industry chain. In terms of the use of state -owned funds, it is necessary to curb the irrational investment of local governments, and strictly review the issuance of fund support for semiconductor industry. It is necessary to give full play to the institutional advantages of concentrated power to do major events, and use funds and time to support "excellent stocks" and "potential stocks" in local manufacturers.
As the semiconductor industry is favored by the government and capital, provinces across the country are setting off a "core" campaign. In the first half of 2020, more than 140 semiconductor projects in 21 provinces had landed, with a total investment of at least 307 billion yuan. In August 2020, nearly 10,000 companies planned to participate in the chip industry. The number of transfer companies in Jiangsu, Zhejiang, Shaanxi, Tianjin, Liaoning, Chongqing, and Jiangxi increased by 196.94%, 547.37%, 618.25%, 465.31%, 387.76, 387.76 %, 422.73%and 412.12%. As of September 1, 2020, China has set up 7021 new semiconductor companies, and in 2019, more than 10,000 new semiconductor companies have been established.
Under the appearance of the national semiconductor projects, the following points have been hidden.
The investor's motivation is impure, and the chip becomes "core deception". In recent years, some local governments have been eager to achieve success to support state -owned funds support. As a result, the money has not been spent, but the chip project has not made much progress, causing the local government to suffer huge losses. In this regard, Wuhan Hongxin and Jinanquan are typical representatives. Wuhan Hongxin claims to invest 128 billion yuan, but the actual funds are very limited. From beginning to end, shareholders lack the sincerity of investment. To this day, the real -time capital is still zero. Falling in a shock state. The same method was staged again in Jinan Quanxin. In February 2020, Jinan Quanxin's actual capital was about 510 million yuan. The actual capital contribution was still a state -owned enterprise actually controlled by local governments, which is exactly the same as Wuhan Hongxin.
It is to induce government and merchants to collude, bringing corruption and power to rent. At present, the government's investment in semiconductor technology has spared no effort, and a large amount of state -owned funds have flooded to the semiconductor industry. Many people open the joints in unfair ways and obtain high state -owned funds. The most typical example of this aspect is Dehuai Semiconductor. The founders of Deco Code used the background of studying and working in the United States, Japan, and starting the company in Nanjing, Ningbo and Huai'an, and collected a large amount of state -owned funds. In the end, Nanjing Deco Code, which claims to invest 3 billion US dollars, applied for bankruptcy in May 2020. Ningbo Chengxing Semiconductor has no follow -up after receiving 7 million government funds. This carries huge debt. Throughout the process, the problem of corruption was clustered.
three is the introduction of technical introduction to greedy for the ocean, accompanied by his wife and folding soldiers. At present, some officials are not good at cultivating local enterprises, but they are very keen on attracting investment. They hope to invite the "foreign monk" to read the scriptures, as if the foreign monk reads a few spells, a industry can change out of thin air. In the face of some multinational companies, I was fascinated instantly. At the expense of high investment, not only did they not introduce technology, but instead accompanied their wives and folded their troops. Essence In 2017, Giro Fangde and the Chengdu government jointly invested $ 9 billion to build a 12 -inch wafer foundry line. However, the huge investment has not achieved much effect. Chengdu Gexin has already died and has been looking for a receiver, but no one dares to be a white knight. At present, the device worth 10 billion yuan in the wafer factory can only be placed there to accumulate dust. Guizhou Huaxintong is another tragic case. In January 2016, the Guizhou government and Qualcomm jointly established Huaxintong, with a total investment of 1.85 billion yuan. Although Huaxin Tong's high -profile advertisement is independent, in fact, this ARM server CPU is the vest of Qualcomm ARM server CPU. Since the ARM server CPU has no market at all in the commercial market, many manufacturers who have once bet on ARM are also unsustainable. Qualcomm decided to abandon the ARM server CPU. After Qualcomm abandon the ARM server CPU, Huaxin Tong has become rootless wood. Naturally, it naturally. It's also closed.
The four is to ignore external risks and blindly invest in harm. As the Xinchuang market has become the air outlet, in order to enter the Xinchuang market and gain more market share, some ARM camp manufacturers do not take products and services as their selling points, but use political and business relations as a breakthrough. Packaged into autonomous technology, wearing circle movements across the country, policies and markets from local governments, and single source procurement. At present, Company C has 16 companies nationwide, while company H company has Beijing, Tianjin, Fuzhou, Xiamen, Chengdu, Mianyang, Chongqing, Shanghai, Zhengzhou, Xuchang, Qingdao, Jinan, Hefei, Xi'an, Nanjing, Guangzhou, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen, Shenzhen Dongguan, Nanning, Taiyuan, Hangzhou, Ningbo, Tongxiang, Wuhan, Wuhan, Changsha, Fuling, Harbin, Shenyang, Changchun and other cities signed an agreement to establish a KP industrial base. From the perspective of the company's operation, companies C and KP have high frequencies in a short time in a short time. The establishment of a wholly -owned subsidiary and the construction industrial base are not in line with business logic. Because most of these subsidiaries and industrial bases have the same functions, the business overlaps, and the entire machine manufacturing is not high -tech, and the market size of the institutions and units is limited. This scale of production will bring serious overcapacity problems. Not long ago, as the external environment became more and more severe, the company H had lost the ARM chip streaming channel, and the country's KP industry base faced the dilemma of lack of cores, and the production capacity and delivery capacity were seriously affected. Almost half shock. It could have been used to make up for shortcomings such as chip manufacturing, equipment, and raw materials, and wasted on the production line of the entire machine factory.
The chip industry needs to be polished carefully in the way of grinding a sword for ten years, not to be made in short -term chicken blood.
At present, the "core" campaign set off in China is unreasonable. Many companies that devote themselves to "core" not only are poor in technology accumulation, but also have no motivation problems.
On from the perspective of industrial development, chips are high -investment and long -term projects. What needs to be concentrated on the development of resource focus. Today, the development of semiconductor industries in various provinces in the country will only disperse limited power, in vain, in vain, in vain, Wasting a large amount of state -owned funds and time.
Global perspective, American semiconductor companies are mainly concentrated in Silicon Valley. The Japanese semiconductor industry cluster is located in Silicon Island of Kyushu. The Korean semiconductor industry cluster is located on Gyeonggi -do and Zhongqing Road. There are no flowers in Hsinchu Science Park.
The technical development must follow objective regulations, and it must be gradual. Local governments should not try to eat fat people with short -term policies and state -owned capital. The more resources, the more the chicken will fly, and the south will be different.
At present, the top level should strengthen the overall planning of the semiconductor industry and plan and develop industries with an attitude of grinding a sword for ten years. In the formulation of industrial policies, the layout of the actual situation and the existing industrial characteristics must be made to make the design, manufacturing, equipment, raw materials, and packaging in the industry chain. In terms of the use of state -owned funds, it is necessary to curb the irrational investment of local governments, and strictly review the issuance of fund support for semiconductor industry. It is necessary to give full play to the institutional advantages of concentrated power to do major events, and use funds and time to support "excellent stocks" and "potential stocks" in local manufacturers.