Chip War: Domestic vs Taiwan? Crystal power still occupies multiple advantages

[Text / high-tech LED Xu Chaopeng] At the beginning of this month, a "Taiwan's largest LED packaging factory - Yiguang first used domestic chips" news caused a sensation in the industry, at the same time, it is said that due to the adoption of low-cost strategy, domestic chip giants Sanan has successfully entered the supply chain system of Everlight, so that the crystal power in the original supply chain “doubles pressure”.

However, from the perspective of all parties, the high-tech LEDs still occupy a large advantage in many aspects.

On September 25, Yiguang Chairman Ye Yufu publicly stated that at present, Yiguang has only low-end chips to purchase from the mainland. At the same time, the purchase amount and amount of mainland chips are still quite low. The main chip sources are still mainly crystalline.

“Although the price of the chip of Jingdian is higher than that of the Luchang, but the manufacturing cost is reduced by the process, etc., and the specifications of the client products are required, the crystal power is still an important supplier of Yiguang. At the same time, Jingdian constantly proposes new The solution can be tailor-made for customers, so we will definitely adhere to the purpose of supporting the LED industry in Taiwan, with the Taiwanese chip factory such as Jingdian as the main supplier." Ye Haofu mentioned.

"It can also be seen from the words of Ye Yufu. At present, domestic chips are mainly concentrated in the low-end, and the middle and high-end level is still far from the crystal power. It is still too early to say that Sanan can put pressure on the crystal. "There are recognitions from chip companies familiar with domestic and Taiwanese factories."

At present, the "one brother" in the field of domestic chips - Sanan Optoelectronics, despite the vertical integration of the industrial chain in recent years, has continued to grow stronger in the overall development: upstream, shares in Taiwan, and cooperates with Seoul Semiconductor, patents Cross-share; mid-stream, signed cooperation agreements with Zhaochi, Guoxing Optoelectronics, Jufei Optoelectronics, etc.; downstream, cooperation with Weiwei and Sunshine Lighting, and, together with the government's huge subsidies, stabilized in the domestic chip field. The top spot" and a big gap with other competitors.

However, from the information feedback from the market, Sanan is mainly relying on scale advantages, relying on government subsidies, and products are concentrated in the low-end market.

"According to the estimation of our packaging factory, Sanan's general-purpose chip can be separated from the crystal power by 15-20%, and it is already comparable in some power segments. There is no reason for the packaging factory not to use Sanan chips." The package factory said.

However, the person also admitted that many downstream customers will still specify the chip of the crystal power, especially in the middle and high-end applications. In the export products, the crystal power has an absolute advantage.

Especially in the field of new technologies such as flip-chips, Taiwanese companies such as Jingdian have left domestic chip companies behind.

And let's look at the "protagonist" of the current event - the "one brother" billion light in Taiwan's packaging industry. In fact, this year's performance is not good. According to the announced August revenue statistics, Yiguang's monthly revenue was 2.335 billion yuan. The Taiwan dollar has a monthly growth rate of 3.61%, and the annual growth rate has declined by 18.34%. The accumulated revenue in the first eight months was NT$18.88 billion, and the annual growth rate also declined by 2.59%.

"In fact, in order to get rid of the pressure of revenue decline, in the third quarter, if 70% of domestic chips are used, it is estimated that the cost can be reduced by 15%, which will be better than the quotation requirements of several international brand manufacturers. In the month of the European market lighting season, the gross profit margin is expected to rise to more than 23% in response to the current pressure of revenue stagnation." Some analysts pointed out.

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