The 5G millimeter-wave chip industry has gone deep into the market research, and has a broader prospect after breaking the foreign monopoly.

# China chip is confident to reach 70% self-sufficiency rate within five years # Millimeter wave usually refers to electromagnetic wave with wavelength between 1- 10 mm, and 5G millimeter wave chip is a chip applied in the field of 5G communication. The 5G millimeter wave chip has the advantages of rich spectrum resources, large carrier spacing, narrow beam, good directivity, low time delay and small size, and is the core component of the 5G millimeter wave communication system. 5G millimeter-wave chips can be widely used in all industries that need 5G communication, such as 5G base stations, drones, driverless, Internet of Things, smart homes and smart cities. China's 5G commercial era has arrived, and the 5G millimeter wave chip industry has ushered in a broad development space.

Millimeter wave chip design is difficult, which requires high technical level of production enterprises and high production cost. In the early stage of development, millimeter-wave chips were mainly used in the military field. With the rapid development of mobile communication, unmanned driving, smart home and other industries, in order to improve the communication quality, the research and application of millimeter wave chip technology in the civil field has been deepened. The global coverage of 5G signals continues to expand. In order to meet the requirements of 5G technology, 5G millimeter wave chip has become a research hotspot.

According to the Deep Market Research and Investment Strategy Report of 5G Millimeter Wave Chip Industry in 2020-2024 issued by the New Esprit Industry Research Center, from June 2065438 to June 2009, the Ministry of Industry and Information Technology issued a 5G commercial license, and China officially entered the 5G commercial stage, and the development speed of the 5G market accelerated accordingly. It is estimated that in 2020, China's 5G construction will drive the total market scale of upstream and downstream industrial chains to 6-7 trillion yuan, which will bring huge development space for China's 5G millimeter-wave chip industry.

On a global scale, Qualcomm and other leading chip manufacturers have advantages in scale, capital, technology and talents, and started early in the research and application of millimeter-wave chips. In the context of the rapid development of the 5G industry, these leading enterprises quickly entered the 5G millimeter wave chip layout. In early 2020, Qualcomm released a series of 5G millimeter-wave chips, which can be used in the fields of electronic products such as smart phones and tablet computers, and continue to be at the leading level in the industry.

Millimeter wave chips have high technical barriers. For a long time, leading international chip companies have monopolized the global market, and China does not have R&D and production capacity. The market of 5G, artificial intelligence and Internet of Things in China is developing rapidly. Only by breaking the monopoly of foreign technology can 5G millimeter wave chips support the good development of downstream industries. In June, 2020, China Academy of Engineering announced that Nanjing Zijinshan Network Communication and Security Laboratory had developed a fully integrated CMOS millimeter-wave 4-channel phased array chip, which was packaged and tested. The cost per channel was reduced from 1 1,000 yuan to 20 yuan. This indicates that China has broken the foreign technical monopoly on 5G millimeter-wave chips, and the 5G millimeter-wave chip industry has ushered in development opportunities.

According to the industry analyst of Xinsijie, China's 5G industry is developing rapidly, artificial intelligence, Internet of Things and other technologies are constantly improving, and the market space for 5G millimeter-wave chips is vast. In the early days, the millimeter wave chip market in China was monopolized by foreign giants, and the development of the 5G industry was limited. In 2020, China's 5G millimeter wave chip was successfully developed, and the cost dropped significantly, breaking the foreign monopoly situation. In this context, the development of China's 5G millimeter wave chip industry will no longer be limited by technology. In the future, with the increasingly mature application, domestic 5G millimeter wave chip companies are expected to compete with international chip giants.

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Chapter XIV Analysis of Investment Value and Investment Strategy of 5G Millimeter Wave Chip Industry

Section 1 Analysis of Investment Value of 5G Millimeter Wave Chip Industry

I. Analysis on the Development Prospect of 5G Millimeter Wave Chip Industry

Second, the profitability prediction of 5G millimeter wave chip industry

Third, analysis of investment opportunities.

Fourth, comprehensive analysis of investment value.

Section 2 Investment Risk Analysis of 5G Millimeter Wave Chip Industry

I. Market Risk

Second, the competition risk.

Third, the risk of raw material price fluctuation.

Four. operational risk

Verb (abbreviation for verb) policy risk

Section 3 Investment Strategy Analysis of 5G Millimeter Wave Chip Industry

I. Sub-industry Investment Strategy

Second, the regional investment strategy

Third, the industrial chain investment strategy

Chapter 15 Investment Suggestions for 5G Millimeter Wave Chip Industry