Amid the global supply chain relocation, India is wooing investments to build a self-reliant electronics ecosystem. However, the Indian government is reportedly delaying the payment of subsidies, and manufacturers argue that India cannot improve its status in the global value chain without Chinese investments.
The application of power management ICs (PMIC) and power semiconductor components has expanded substantially in recent years due in part to the increasing demand from the consumer electronics, communications, industrial control and automobile sectors and in part to an accelerated replacement pace for electronics equipment.
Advanced computing is becoming an integral part of many verticals. Artificial intelligence (AI), high-performance computing (HPC), machine learning, graphics computing, and video processing applications are all demonstrating how to increase efficiency and productivity.
DIGITIMES Research recently conducted a survey of China's IC design industry. According to the data collected, China's total semiconductor imports in 2021 reached US$432.5 billion, up 23.6% from 2020, while exports totaled US$153.8 billion, up 31.9%, with a trade deficit of US$278.7 billion. Customs data is usually not too far off, but Taiwan is a major semiconductor producer and yet its exports reached only US$155.5 billion in 2021, so the structure of China's imports and exports clearly needs more explanation.
As part of its efforts to pursue net-zero carbon emissions, China has activated a new round of subsidy program to stimulate purchases of new energy vehicles (NEVs) in rural areas, which is expected to boost sales for component makers in the EV ecosystem in the second half of the year, according to supply chain sources.
China has witnessed rapid development of homegrown CPU chips in recent years, gradually stretching from single product development to ecosystem deployments looking to break the dominance by Intel and AMD. Apart from the veteran CPU developer Loongson Technology, a number of its domestic peers are also gaining presence in the chip segment.
In March, India announced the Production Linked Incentive scheme for advanced chemistry cells (ACC PLI) and awarded four companies within 5-20 GWh capacity to encourage local cell manufacturing. Reliance and Ola Electric are actively investing in battery cells, while how the other two companies would plan for their cell investment remains a question.
China-based Huaqin Technology has extended ODM production from smartphones, notebooks, and tablets to smart wearable devices, servers, automotive electronics, and A+IoT devices and will enhance development of technology and products for the latter, according to the company.
China's semiconductor equipment vendors managed to score impressive revenue gains for the first half of 2022, and remain confident about their shipment prospects for the rest of the year thanks to abundant orders in hands, according to industry sources.