Industry News | Basic electronic components have a bright future


In the rapid development of the digital economy, industry to accelerate the integration of the trend, accelerate the development of electronic components and supporting materials and equipment and instruments and other basic electronic industry, to promote the advanced foundation of the information technology industry, industry chain modernization, to achieve high-quality development of the digital economy is of great significance.

In recent years, with the development of China's consumer electronics, automotive electronics, computers, smart home, industrial control and other industries and the rise of new energy vehicles, Internet of Things, wearable devices and other fields, overlaid with the policy dividend of domestic substitution, China's electronic components market demand continues to expand, driving the rapid expansion of industry scale, while the electronic components industry has shown a good level of profitability and operating profitability.

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China has been committed to supporting the development of basic electronic components. For example, the "China Integrated Circuit Industry Development Promotion Outline" released in 2019 proposed to accelerate the development of basic electronic components industry and promote the synergistic development of chip, packaging and testing industries.

In addition, in January 2021, the Ministry of Industry and Information Technology released the Action Plan for the Development of Basic Electronic Components Industry (2021-2023), which for the first time elevated the issue of high-quality development of the basic electronic components industry to a national strategic level and clarified that "by 2023, the scale of the basic electronic components industry will continue to grow, with total industry sales expected to Reach 2.1 trillion yuan; in key product technology will usher in a breakthrough, patent layout more perfect; cultivate a number of large enterprises, strive for at least 15 enterprises revenue scale exceeded 10 billion" development goals, for the electronic components industry to inject strong momentum for high-quality development.

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In recent years, the domestic basic electronic components manufacturers have increased investment in technology research and development, in the field of high-end products to speed up the localization process. With the gradual improvement of the domestic basic electronic components industry ecosystem construction, the relevant supporting policies to achieve the ground, more and more companies will invest in high-end technology research and development, to enhance the core technology level of the product and comprehensive supporting capacity, the basic electronic components industry to inject strong momentum for high-quality development.


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