According to data from iiMedia Research, the scale of China’s AI chip market in 2019 is about 11.55 billion yuan. Driven by the popularization of 5G commercial use, policies, and technology, AI chips are expected to be used in cloud computing, security, and consumer electronics. Robotics and other fields achieve large-scale commercial use, and the AI chip market is expected to reach 43.68 billion yuan in 2021. However, with the accelerated popularization of artificial intelligence technology, downstream application fields have higher and higher requirements for AI computing power and energy consumption. The bottleneck of traditional Von Neumann architecture chips has gradually emerged, and AI chip will develop towards the integration of storage and computing. iiMedia Consulting analysts believe that although the development prospects of the storage-computing integrated AI chip are widely recognized, the overall development is still in the initial stage. From the realization of the integrated design of computing and storage, to the implementation of technology, mass production, and large-scale commercial use, there is still a long stage. Companies that can take the lead in achieving technological and product breakthroughs will be more easily supported by capital, talent, and the market.
集成电路为信息产业的基础。中国虽为全球最大半导体市场，但国产率低，核心芯片极度缺乏。根据 IC Insights 统计资料，2018年中国集成电路自给率仅为15.35%。中国政府给予集成电路行业大力的政策支持及税收减免。2016-2018年和舰芯片收到共计52亿元的政府补助，2019年成为首家成功受理的台资晶圆代工企业。然而，芯片制造属于典型的资金密集型行业，和舰芯片在过去三年主要投入28nm工艺集成电路生产线的研发生产，投资额约50亿美元，目前仍处于亏损状态。根据艾媒咨询测算，和舰芯片主要固定资产和专有技术使用权成新率在60%以上，未来3年内的折旧摊销将依然巨大，难以盈利。且受限台湾半导体政策，和舰芯片技术落后台湾母公司一代，落后台积电两代，更将面临28nm制程激烈的市场竞争。
Integrated circuits are the foundation of the information industry. Although China is the world's largest semiconductor market, the country's productivity is low and core chips are extremely scarce. According to IC Insights statistics, China's IC self-sufficiency rate was only 15.35% in 2018. The Chinese government has given strong policy support and tax relief to the IC industry. In 2016-2018, HeJian received a total of 5.2 billion yuan in government subsidies. In 2019, HeJian became the first Taiwan-funded foundry company to be successfully accepted by the science and technology innovation board. However, chip manufacturing is a typical capital-intensive industry. In the past three years, HeJian has mainly invested in the research and development of 28nm process integrated circuit production lines, with an investment of about 5 billion US dollars, and is still in a deficit state. According to iiMedia Research, the newness rate of the main fixed assets and proprietary technology of HeJian is above 60%. Depreciation and amortization will remain huge in the next three years, making it difficult to make a profit. And limited by Taiwan's semiconductor policy, HeJian’s technology lags behind Taiwan's parent company by one generation and TSMC by two generations.