Market value: 8.2 billion
Founded in 2003, Chipsea Technology has always focused on the research and development and design of high-performance MCUs, measurement algorithms and one-stop solutions for the Internet of Things. It not only has both An integrated circuit design company driven by analog signal chain and MCU dual platforms, it is also one of the few integrated circuit design companies in China that has an overall solution for the artificial intelligence Internet of Things.
Thanks to Chipsea Technology’s deep understanding of high-reliability MCU technology and more than 20 years of experience in the industry, its products have been widely used in smart health, pressure touch, smart home, Industrial measurement, general microcontrollers and many other fields.
Customers not only cover mainstream domestic terminal brands such as ZTE, Xiaomi, vivo, OPPO, Haier, Midea, etc., but also become Huawei's Hongmeng ecological strategic partner.
Behind this, ChipSea’s investment in research and development is indispensable. Relevant data shows that since 2018, the company's R&D rate has been basically around 20, leading among listed companies in the industry. Among them, in 2020, R&D expenses increased by 45.62% year-on-year, accounting for 20.51% of the company's operating income, and 591 patents were applied for.
Since entering 2021, Chipsea Technology’s demand for MCUs, analog signal chains, and health measurement AIOT has continued to grow. Among them, high-performance general-purpose 32-bit MCU has achieved large-scale mass production and is widely used in vehicle central control, portable medical, industrial measurement and other application fields, and has begun to be introduced to benchmark customers in fields such as communication optical modules, mobile phones, and digital sensors.
In view of the vastness of the company’s track space, and the company’s current business is in the tens of billions of dollars, Feng Ge believes that the future development of Chipsea Technology is indeed promising.
Market value: 19.5 billion
Founded in 1994, Zhongying Electronics is mainly engaged in the research and development, design and sales of consumer and industrial control electronic chips. Core products are widely used in home appliance main control, lithium battery management, motor control, smart meters and the Internet of Things. It is not only the leading integrated circuit IC design company in China, but also one of the largest MCU chip suppliers in China.
Relevant data shows that Zhongying Electronics achieved a year-on-year increase of 10.6% in net profit in 2020. The biggest contributor among them is the MCU chip business. As of 2020, the MCU business accounts for 93% of total revenue. The key behind this is Zhongying’s large investment in research and development. In the first quarter of 2021, Zhongying’s R&D investment reached 60.2036 million yuan, accounting for 19.65% of operating income, a year-on-year increase of 69.05%. Thanks to its deep efforts in the development of new products for industrial control MCU chips and OLED display driver chips, it has accelerated its investment in IOT research and development, and has made a long-term in-depth layout of automotive electronics-related technologies. So far, it has not only obtained a total of 105 domestic and foreign authorized patents, 103 of which are invention patents, but has also entered the supply chain system of major international home appliance giants.
Relevant organizations predict that in view of the current shortage of supply caused by the continued tight supply of MCU chips and the vast space for domestic substitution, MCU chips, which are key components of the Internet of Things, will continue to benefit. As a leading local MCU company, Zhongying believes that it is expected to fully seize the opportunities of the rising semiconductor boom with its diversified MCU layout in the Internet of Things industry.
Market value: 113.6 billion
Founded in 2005, GigaDevice is a leading fabless semiconductor company in China. Its core product lines cover flash memory, 32-bit general-purpose MCU, intelligent Human-computer interaction sensor chips and overall solutions. Not only does it occupy the top spot in the domestic flash memory market all year round, it is also the third largest flash memory supplier in the world. Industry-leading R&D capabilities. Cumulative shipments have exceeded 500 million units, and the company has cooperated with more than 20,000 customers.
Relevant data shows that in 2020, GigaDevice achieved a net profit of 881 million yuan, a year-on-year increase of 45.1%.
The company's R&D investment that year reached 378 million yuan, a year-on-year increase of 64.33%. This part of the increase is due to the company's efforts in the MCU business. In fact, as early as 2013, GigaDevice launched China’s first 32-bit MCU based on the Arm Cortex-M3 core.
In 2019, GigaDevice launched the world’s first general-purpose MCU based on risc-V core, the GD32V series. Just last year, GigaDevice also launched the research and development of automotive-grade MCU. After the project is completed, it is expected to meet automotive-grade product certification and body control systems and assisted driving systems.
Not long ago, the company’s first self-branded DRAM product was officially launched, achieving national production from design, tape-out, packaging, testing, and verification. The company’s DRAM products are also available in downstream and The current customer groups have a high degree of overlap, allowing the company to have high synergy in resources such as channels and technical support for the entire customer base.
With the acceleration of domestic substitution and the growth of global Internet of Things and wearable market demand, Feng Ge feels that GigaDevice’s future performance prospects are worth looking forward to.