BYD said in the announcement that BYD Semiconductor, as the largest IGBT manufacturer in China, successfully introduced well-known investment institutions such as Sequoia Capital China, CICC Capital and SDIC Innovation in just 42 days, taking the first step of BYD's market-oriented strategic layout.
The follow-up company will speed up the spin-off and listing of BYD Semiconductor, start to cultivate more subsidiaries with market competitiveness, realize market-oriented operation and continuously enhance the overall value of the company.
I think so. While many automakers are still struggling for annual sales, BYD has sneaked away in the semiconductor industry with very limited autonomy.
Speculator or prophet
When interviewed by the media about the "chip shortage" at the beginning of this month, BYD said calmly: "BYD has a complete industrial chain in new energy batteries and chips, which can not only be completely self-sufficient, but also provide a surplus."
Now BYD once again said that it would speed up the spin-off and listing of semiconductors, which is undoubtedly another proof of its strength as a semiconductor company.
In the announcement, BYD also said that after more than ten years of R&D accumulation and large-scale application in the field of new energy vehicles, BYD Semiconductor has become a leading domestic manufacturer of vehicle-grade IGBT (Insulated Gate Bipolar Transistor).
As the key support project of the national "02 Special Project", IGBT is the most advanced product in power electronic devices at present, which has completely replaced the traditional power supply? Metal oxide field effect transistor. Its application ranges from household appliances to strategic industries such as airplanes, ships, transportation and power grids. It is the core device of energy conversion and transmission, and it is called "CPU" in power electronics industry, especially in electric vehicles and new energy equipment. ?
▲ Generally speaking, IGBT refers to IGBT module, which contains IGBT chip.
For a long time, IGBT (including chips) has been monopolized by a few international integrated component manufacturers such as Fairchild, Infineon and Toshiba.
BYD entered the IGBT industry in 2005, and in 2009, it launched the first automotive IGBT? 1.0 technology broke the monopoly of international manufacturers, and achieved a zero breakthrough in IGBT chip technology of China automobile. Yang, director of BYD's semiconductor products, said recently that BYD has reached the fifth generation, silicon carbide mosfet has reached the third generation, and the fourth generation is under development. At present, we are planning to build our own SiC (inorganic nonmetallic materials, generally referred to as silicon carbide) production line, and it is expected that we will have our own production line next year.
IGBT is only a part of BYD's semiconductor business.
The announcement pointed out that BYD Semiconductor's main business covers power semiconductors and intelligent control? IC 、? The research, development, production and sales of intelligent sensors and optoelectronic semiconductors have the core? Chip design, wafer manufacturing, package testing and downstream application are integrated to operate the whole industry chain.
In addition, BYD also said that in the future, BYD Semiconductor will focus on automotive semiconductors, simultaneously promote the development of semiconductors in the industrial and consumer fields, and strive to grow into an efficient, intelligent and integrated new semiconductor supplier.
The eyes of capital are discerning.
As the earliest automobile enterprise in China to lay out the entire industrial chain of SiC-based semiconductors, BYD Semiconductor has successively completed the A and A+ rounds of financing in the first half of this year, with a total financing amount of 2.7 billion. The entry of well-known investment institutions such as Sequoia Capital and CICC Capital has once again proved their strength and market prospects.
There are indications that the new energy vehicle market is about to usher in a blowout tide next year, and at the same time, the chip shortage that broke out from 65438+February has made the industry sweat.
As the core of electric vehicle, the self-research and self-production of the chip is a problem that must be solved, otherwise it will eventually be dominated by a few international integrated component manufacturers.
On February 2, 65438, BYD Semiconductor was awarded "2020? Top 500 Global Unicorn Enterprises ",ranking in the list of unicorn enterprises 100. At the award ceremony, Chen Gang, general manager of the company, mentioned: "The new energy vehicles have switched from electrification in the first half to intelligence in the second half. In the second half of the Automotive Intelligence Competition, BYD Semiconductor cooperated with BYD Auto to realize platform and intelligent overall planning, and face-to-face output of semiconductor products and solutions most suitable for automotive intelligence. "
Looking at this momentum, BYD may become the leader in the ranks of independent automobile chips.
▲ In April this year, Shenzhen BYD Microelectronics Co., Ltd. completed the reorganization and changed its name to BYD Semiconductor Co., Ltd..
In April this year, as soon as the news of BYD Semiconductor's independent listing came out, CICC predicted that relying on vehicle resources and taking Starr Semiconductor as the benchmark, BYD Semiconductor's IGBT module revenue in 20 19 years should exceed 10 billion yuan. Referring to the valuation of mature markets and the leading position of BYD Semiconductor automotive IGBT in China, BYD Semiconductor can reach a market value of 30 billion after listing.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.