MCU Is Short Of Goods To Rise In Price, 7 New Three Board Factory Can Grasp Industrial Opportunity?

- Aug 17, 2018-

In recent years, as demand for applications such as the Internet of things, automotive electronics and smart home continues to explode, the price of raw materials continues to rise. In addition, the global MCU giant is short of production capacity, resulting in prolonged delivery of MCU products and rising prices.Under the background of shortage and price increase, domestic MCU manufacturers embrace the opportunity of breaking through adversity.

It is not clear whether domestic MCU manufacturers can seize the opportunity. However, the upsurge of shortage price increase of MCU indeed brings industrial opportunities and growth opportunities to domestic MCU manufacturers.At present, among the MUC manufacturers in the a-share market, MCU shipments in zhayi innovation exceeded 200 million in five years, and the net profit in 2017 rose by 125.26 yuan year-on-year to 397 million yuan.Zhongying electronics made a net profit of 134 million yuan in 2017, up 24.16 percent year on year

In addition to the a-share listed MCU company, while seizing the industrial opportunity, the new third board listed MCU manufacturers are also seeking breakthrough opportunities.However, by combing the MCU manufacturers listed on the new third board, the author finds that the performance of these MCU manufacturers is not very good.

Continue to focus on MCU - mountain view shares, smart micro

Since the establishment of the company, mountain view and smart micro have been focusing on the MCU field. Currently, it has launched 32 MCU chips, and successfully gained a position in the MCU market in China.In 2017, they significantly increased their research and development spending in order to achieve better development in the "shortage".

I. mountain view shares

Shanghai mountain view integrated circuit was set up in zhangjiang hi-tech park, pudong, in May 2005. From 2006 till now, more than 10 MCU chips have been successfully produced and related software and hardware system solutions have been launched. Mountain view chip is based on 8-bit 8051 and 32-bit cortex-m3 and DSP kernel, which is used for audio playback, sound processing, wireless application and intelligent control, etc.

Yamjing pioneered the HostMP3 chip in the industry in 2005 and became the pioneer and pioneer in the plug-in speaker market and bluetooth speaker market. Currently, the company's 32-bit MCU chip products are widely used in audio processing, voice processing, intelligent device control and wireless Internet of things application.

In 2017, mountain view's operating revenue was 8700.18 million yuan, up 7.12% from a year earlier.Net profit attributable to shareholders of listed companies was 5.2814 million yuan, down 17.39 percent from a year earlier.

In 2017, mountain view shares issued 280.7 million ordinary shares of RMB in non-public offering, raising a total of 157,192,900 yuan to increase investment in research and development and purchase technology licensing.

2. Smart micro electricity

Clever microelectronics co., LTD. Is a focus on MCU products and a leading supplier of MCU application solutions, founded in March 2011, clever and microelectronics has successfully completed more than hundreds of MCU product design and promotion, including based on 8051, the ARM architecture (M0, ARM architecture (M3 kernel Flash MCU block, OTP MCU, EEPROM MCU and other products, products and solutions are widely used in industrial control, intelligent home appliances, intelligent family, wearable devices, automotive electronics, instrumentation and other fields.

In 2017, the company's revenue was 52,764,400 yuan, down 2.69% year on year.The net profit turned from profit to loss from the previous year, and the annual loss was up to 31,206,000 yuan.

During the reporting period, the company's investment in research and development increased significantly, which has a big impact on profits, said it.In addition, the expansion of the company has brought about a significant increase in the total employee salary;The expansion of office space has resulted in an increase in administrative costs.

The product extends to MCU -- betlet, huichun technology

On the domestic MCU stage, betley is a player who entered soon, but the development from touch to MCU has made batley stand out.Like betlet, it has been growing in all directions, but its McCann is a 22-year veteran of the MCU market.

Iii. Betlet

Founded in July 2011, shenzhen betlet electronic technology co., ltd. is a leading supplier of semiconductor chip design and solutions in China.Currently, betlet has five product lines of touch control, fingerprint identification, 3D pressure sensing, life perception and MCU, which can be widely used in smart phones, tablets, laptops, keyboard touch boards, automotive electronics, smart home and smart health.

In March 2015, beitele developed the first single chip MCU of 32-bit M series based on ARM architecture in China.In January 2016, the company was officially listed on the new third board.

Business revenue of betlet in 2017 was 123 million yuan, up 34.28 percent from a year earlier.Net profit attributable to shareholders of listed companies was 13.1891 million yuan, down 32.68 percent from a year earlier.

In 2017, touch chips grew 14.58 percent year-on-year, betley said.Fingerprint identification chip increased by 111.19% year-on-year;The health chip increased by 208.97% year on year.The main reason for the decrease of net profit is that the gross profit rate of the products has decreased, the administrative expenses have increased greatly, and the amount of government subsidy amortization entering the current period has decreased.

Iv. Huichun technology

Founded in December 2007, shenzhen huichun technology co., ltd. was listed on the new third board in March 2016, focusing on the chip design of consumer electronic products.Huchun technology products cover photoelectric imaging, touch control, MCU and other fields.

Huichun acquired Taiwan's McCann in 2011.McCann, founded in 1996 in Taiwan, is a professional MCU design and manufacturing company.Huichun developed 32 industrial control MCU to achieve a breakthrough in the industrial application of huichun MCU products.

Huichun technology's business revenue in 2017 was 104 million yuan, up 30.6% from a year earlier.Net profit attributable to shareholders of listed companies was 15.476million yuan, up 115.65 percent from a year earlier.

By the end of 2017, huichun's technology assets totaled 9,562,81 yuan, up 30.43 percent from the end of last year.The asset-liability ratio (parent) was 15.18 percent, down 11.47 percentage points from 26.65 percent at the end of last year.The net cash flow from operating activities was 1.71162 million yuan in the current period and 6.2364 million yuan in the same period last year.

In the reporting period, huichun technology achieved an operating revenue of 104 million yuan, up 30.6% compared with the same period of last year. The main reason was that the products were actively innovated, many new products were developed, and new business -- module was launched, which was well received by the market.In the reporting period, I paid attention to brand publicity, participated in large-scale electronic exhibitions for many times, and expanded business team, resulting in increased sales of MCU, photoelectric Sensor and touch IC products.

Power IC transformation MCU - juxin integration, huacin micro, polyyuan micro

At present, the domestic power management chip market is in an awkward situation of oversupply, and the pressure of price war makes local manufacturers have to transform to other peripheral products.According to DIGITIMES, the demand for MCU will continue to increase as the automobile continues to develop towards autonomous driving and intelligent direction.It is estimated that the annual compound growth rate of sales in the global auto MCU market will reach 3% between 2017 and 2021.Ju-chip integration, hua-chip micro and yu-yuan micro are optimistic about this business opportunity, from the power management chip began to make MCU chip.

V, major integration

Jiangsu juxin IC technology co., LTD., founded in 2006, is currently engaged in the design and development of multimedia processing chips, MCU micro-control chips, RF chips, power drive chips, and system integration and system platform construction and development.Was established in 2012, the company's own semiconductor assembly and test factory, the product has low power consumption, compact design, anti-interference ability and other characteristics, very suitable for all kinds of wireless radio frequency transceiver applications, including: remote control, wireless keyboard, mouse, wireless networking, intelligent household, industrial and commercial close communications, IP phone, cordless telephone, mutual communication, bluetooth system between machines, etc.

In 2017, juxin integrated achieved revenue of 91.793 million yuan, up 1.71% year on year.Net profit attributable to parent company reached 136.68 million yuan, up 20.27 percent year-on-year.

Major core integration, according to the company's performance increase is mainly due to 2017 companies adjust the structure of the 2.4 G series of products, cut the low margin products sales proportion, increase the higher gross margin level, such as new product sales, technical services business development efforts, at the same time the company improve the working efficiency, reduced the management cost, resulting in corporate profitability increase greatly.

Vi. Huaxin micro

Suzhou huaxin microelectronics co., LTD. Was established at the end of December 2000. Its main products include power management IC, 4/8 bit MCU, wireless codec IC, infrared remote control IC, remote control fan IC, OTP, etc.According to the different functions and USES of the product, it can be divided into MCU series, power management series, remote code sending and receiving series, satellite receiving series, trigger series and other five series of products.The company owns the core technology and independent intellectual property of MCU forward design.

In 2017, HSMC's operating revenue was 72.8331 million yuan, up 22.35% from the same period last year.Net profit attributable to shareholders of listed companies was 594.03 million yuan, up 8.44 percent from a year earlier.

Hua xin micro said that since it increased research and development and innovation during the reporting period, its investment in research and development increased by 15.97 percent from the previous year. Then, hua xin micro successfully listed on the new third board in June 2017, and paid the listing fee and various intermediary fees led to the increase of administrative expenses.

Vii. Polyyuan microscopy

Established in November 2010, suzhou juyuan microelectronics co., ltd. was listed on the stock transfer system of small and medium-sized enterprises in China in 2015. The company's products mainly cover the fields of RF, MCU and power supply management, and mainly focus on various applications such as consumer electronics, smart home, industrial control, Internet of things and information security.

In 2017, the micro-business revenue of juyuan was 17.90.64 million yuan, down 13.72 percent from a year earlier.The net profit attributable to the shareholders of the listed company was -4.831 million yuan, increasing from the loss degree of the same period of last year.

During the reporting period, the company's sales expenses rose 68.57 percent from a year earlier, said juyuan.The main reason is the promotion cost of our company's MCU products and the increase of personnel salary.