Imininingwane yomoya ikhombisa ukuthi kusukela ekuqaleni kwalo nyaka, iChinaimboni ye-semiconductorisimemezele esidlangalaleni ukuhlanganisa nokutholwa kwe-31, okungaphezu kwesigamu sakho kwadalulwa ngemva kuka-Septhemba 20. Phakathi kwalokhu kuhlanganiswa nokuthengwa kwe-31, izimboni ze-semiconductor kanye nezimboni ze-analog chip seziphenduke izindawo ezishisayo zokuhlanganisa nokutholwa. Idatha ibonisa ukuthi kukhona ukuhlanganiswa nokutholwa okungu-14 okubandakanya lezi zimboni ezimbili, okubalelwa cishe ingxenye. Kuyaphawuleka ukuthi imboni ye-analog chip iyasebenza ikakhulukazi, enabatholi abangu-7 abavela kulo mkhakha, okuhlanganisaizinkampani ezaziwayo ezifana ne-KET, i-Huidiwei, i-Jingfeng Mingyuan, ne-Naxinwei.
Thatha uJingfeng Mingyuan njengesibonelo. Inkampani yamemezela ngo-Okthoba 22 ukuthi izothola amalungelo okulawula eSichuan Yi Chong ngokubekwa kwamasheya okuyimfihlo. UJingfeng Mingyuan noSichuan Yi Chong bobabili bagxile ocwaningweni nasekuthuthukisweni nasekukhiqizeni ama-chips okuphatha amandla. Lokhu kutholwa kuzothuthukisa ukuncintisana kwazo zombili izinhlangothi emkhakheni wokuphathwa kwamandla kagesi, kuyilapho kuthuthukisa imigqa yemikhiqizo yazo emkhakheni wamaselula kanye nezimoto, kanye nokuqaphela izinzuzo ezihambisanayo zamakhasimende namaketango wokuhlinzeka.
Ngokungeziwe kunkambu ye-analog chip, imisebenzi ye-M&A emkhakheni wezinto ezibonakalayo we-semiconductor nayo idonse ukunaka okukhulu. Kulo nyaka, isamba sezinkampani ze-semiconductor ye-semiconductor esethule ukuthengwa kwempahla, ezi-3 kuzo zingabakhiqizi be-silicon wafer abakhuphuka nomfula: i-Lianwei, i-TCL Zhonghuan, kanye ne-YUYUAN Silicon Industry. Lezi zinkampani ziphinde zahlanganisa isikhundla sazo semakethe emkhakheni we-silicon wafer ngokutholwa kanye nekhwalithi yomkhiqizo ethuthukisiwe nezinga lobuchwepheshe.
Ngaphezu kwalokho, kunezinkampani ezimbili zezinto ezibonakalayo ze-semiconductor ezihlinzeka ngezinto ezingavuthiwe zemishini yokukhiqiza i-semiconductor: I-Zhongjuxin ne-Aisen Shares. Lezi zinkampani ezimbili zandise ububanzi bebhizinisi lazo futhi zathuthukisa ukuncintisana kwazo ezimakethe ngokutholwa. Ezinye izinkampani ezimbili ezihlinzeka ngezinto zokusetshenziswa zokupakishwa kwe-semiconductor nazo ziqalise ukutholwa, zombili ziqondise iHuawei Electronics.
Ngaphezu kokuhlanganisa nokutholwa embonini efanayo, izinkampani ezine ezimbonini zemithi, zamakhemikhali, ezohwebo, nezensimbi eyigugu nazo zenze ukutholwa kwempahla ye-cross-industry semiconductor. Lezi zinkampani zingene embonini ye-semiconductor ngokuthengwa ukuze kuzuzwe ukuhlukahluka kwebhizinisi kanye nokuthuthukiswa kwezimboni. Isibonelo, i-Shuangcheng Pharmaceutical ithole i-100% ye-equity ye-Aola Shares ngokukhishwa kwesabelo esihlosiwe futhi yangena emkhakheni wezinto ze-semiconductor; I-Biochemical ithole u-46.6667% we-equity ye-Xinhuilian ngokukhuphuka kwemali futhi yangena emkhakheni wokukhiqiza ama-semiconductor chip.
NgoMashi kulo nyaka, imicimbi emibili ye-M&A yenkampani ehamba phambili yaseChina yokupakisha nokuhlola i-Changjiang Electronics Technology nayo idonse ukunaka okukhulu. I-Changjiang Electronics Technology imemezele ukuthi izothola u-80% we-equity ye-Shengdi Semiconductor ngo-RMB 4.5 billion. Ngokushesha ngemva kwalokho, amalungelo okulawula ashintsha izandla, futhi i-China Resources Group yathola amalungelo okulawula e-Changjiang Electronics Technology nge-RMB 11.7 billion. Lo mcimbi uphawule ushintsho olukhulu endaweni yokuncintisana yemboni yokupakisha nokuhlola yama-semiconductor yaseChina.
Ngokuphambene, kunemisebenzi embalwa ye-M&A kunkambu yesekethe yedijithali, enemicimbi emibili kuphela ye-M&A. Phakathi kwazo, i-GigaDevice kanye no-Yuntian Lifa bathole u-70% wokulingana nezinye izimpahla ezihlobene ze-Suzhou Syschip njengabatholi ngokulandelanayo. Le misebenzi ye-M&A izosiza ukukhulisa ukuncintisana kanye nezinga lobuchwepheshe lemboni yesifunda sedijithali yezwe lami.
Mayelana naleli gagasi lokuhlanganiswa nokutholwa, u-Yu Yiran, umqondisi omkhulu we-CITIC Consulting, uthe amabhizinisi ayinhloko ezinkampani ezihlosiwe agxile kakhulu ekukhuphukeni kwemboni ye-semiconductor, ebhekene nokuncintisana okunamandla kanye nesakhiwo esihlakazekile. Ngokuhlanganisa nokutholwa, lezi zinkampani zingakwazi ukuqongelela imali kangcono, zabelane ngezinsiza, ziphinde zihlanganise ubuchwepheshe bochungechunge lwemboni, futhi zandise izimakethe ezikhona kuyilapho zithuthukisa ithonya lomkhiqizo.
Isikhathi sokuthumela: Dec-30-2024