China is rapidly developing its semiconductor industry and its thirst for funds is very urgent. At the same time, there are many problems that need to be solved in my country's semiconductor industry. For example, domestic semiconductor companies have prominent financing bottlenecks and high financing costs. Social capital also lacks willingness to invest due to the huge amount of funds invested in the semiconductor industry and the long return cycle; In addition, innovation capabilities are not strong, talents are scarce, enterprises are small in scale and weak in strength; furthermore, the policy environment that adapts to the characteristics of the industry is still imperfect.
Generally speaking, "big funds" take the lead, focusing more on large projects with national or quasi-national brands, and the meaning of "government-led" is stronger. With the advancement of “big funds” and the development of the industry, problems and problems have gradually emerged.
At present, there are only a small number of semiconductor companies listed on A-shares, and their valuations are relatively high. For this reason, the Science and Technology Innovation Board targets integrated circuits and other fields, providing semiconductor companies with a relatively relaxed listing environment and convenient financing channels, which is conducive to promoting the development of the domestic semiconductor industry and is also expected to increase the valuation of semiconductor companies with core technologies. Level up to a new level.
In addition, from the perspective of capital expenditure, semiconductors, as a strategic industry, can still increase investment in the counter-cyclical period. Taking Samsung as an example, in 2018, Samsung semiconductors spent US$28 billion on cutting-edge technologies, while my country’s SMIC's capital expenditure is about 2 billion yuan, which is significantly different from international giants. Therefore, if domestic semiconductor companies want to keep up with the pace of global industrial development, they must keep up with R&D and capital investment. In particular, a large number of private semiconductor companies need long-term and stable capital support, which is what the Science and Technology Innovation Board requires. Made.
In response to a possible future U.S. ban, Huawei has developed an operating system
According to "The Verge" report, in an interview with the German media "Le Monde", Huawei's consumer business CEO Yu Chengdong said that they have prepared their own operating system, and they also have ways to deal with it if they can no longer use the Android system or Windows system.
As early as 2012, when the United States investigated Huawei and ZTE, Huawei had already begun to develop another system to replace Android. Huawei is currently in a lawsuit with the United States and may be unable to import goods from the United States in the future. Huawei chose to announce this news at this time, indicating that they are ready.