The state will invest huge sums of money to support the development of integrated circuits

Chip industry related to information security has been upgraded to a national strategic level. It is reported that the state will invest a huge amount of money to support the development of the integrated circuit industry. The 120billion Yuan National chip industry support fund is expected to be announced in the near future. Analysts said that with the escort of national team funds, the equipment, design, manufacturing and packaging enterprises of integrated circuit chips are expected to usher in high-speed development.

At present, China imports more than 190billion US dollars of integrated circuit chips every year, which is comparable to the import of crude oil. An insider admitted that capital has become the main bottleneck restricting the development of the integrated circuit industry. Over the past decade, China's integrated circuit industry has invested more than 100 billion yuan in science and technology, but compared with large international enterprises, the domestic industry wide investment is only 1/6 of Intel's. The importance and necessity of capital in promoting the development of integrated circuit industry has been recognized, and the coordinated operation of government financial guidance and equity investment funds is considered to be an effective means.

According to the above sources, it is under the guidance of this idea that the national chip industry support fund is expected to be announced and established in the near future, with a scale of 120billion yuan. The state allocated 40billion yuan, and the rest of the funds were raised from the public.

It is reported that at present, a number of central enterprises are expected to become the sponsors of the fund, including China tobacco, mobile operators, chip packaging and other powerful enterprises. The fund will adopt a corporate and professional operation, focusing on supporting the equipment, design, manufacturing, packaging and other sub sectors of integrated circuit chips.

Industry insiders pointed out that the establishment of the 120billion yuan industrial support fund will exceed 10 years of R & D investment. This will greatly narrow the gap with developed countries in capital investment in the chip industry.

Analysts believe that the general trend of chip localization is irreversible, and the capital investment in relevant aspects is expected to achieve geometric growth. In this context, the breakthrough and localization of core technologies will enter the peak period. Chips in such important fields as cloud computing, Internet of things, big data, and digital TV are expected to be replaced by imports. In the industrial chain, the equipment, design, manufacturing and packaging enterprises of integrated circuit chips are expected to usher in high-speed development.

The radiation effect of the chip is very obvious. According to the calculation of the International Monetary Fund, the output value of 1 yuan of chips can drive the output value of relevant electronic information industries by 10 yuan, bringing a GDP contribution of 100 yuan, which has a positive impact on solving local employment and realizing local economic transformation.

In fact, earlier than the national team, all regions have begun to build local versions of chip industry equity investment funds to foster the development and growth of the integrated circuit industry. After Beijing announced the establishment of a 30billion yuan equity investment fund to build the integrated circuit industry at the end of last year, Wuhan, Shanghai, Shenzhen, Hefei, Anhui, Shenyang and other places are also accelerating.

Insiders said that the proposal of the "national version" support policy will undoubtedly have an important demonstration and promotion effect on local support policies. In 2014, many localities will introduce semiconductor industry development plans and relevant investment promotion and support policies, and set up relevant industry development funds.