The mid-year report market takes the lead, and the semi-conductor sector raises the daily limit tide

Since the beginning of this year, there has been a steady stream of semiconductor shortages. Judging from the current situation, the delivery cycle of semiconductor products is still lengthening and prices continue to rise. As the situation of the foreign epidemic situation is still severe, Malaysia announced the indefinite extension of the national blockade measures, which will accelerate the transfer of orders to the country, and Chinese semiconductor companies are expected to maintain a high degree of economic development.

On the last trading day of June, the A-share market performed brilliantly, among which semiconductor-related concepts performed strongly. As of the time of writing, the daily limit of A-share, Ming Microelectronics, Helin Microelectronics, Xinpengwei, Fuman Electronics, etc., Xinyuan Several stocks such as Micro, Jingrui, Zhongying Electronics, Allwinner Technology, and Liyang Chips rose more than 10%. Many semiconductor stocks also released semi-annual transcripts.

Among A-share listed companies, the semiconductor sector ushered in a wave of pre-increasing performance

After the market yesterday, IC packaging and testing factory Tongfu Microelectronics, semiconductor equipment supplier Xinyuan Microelectronics, LED driver chip company Ming Microelectronics, and power semiconductor company Yangjie Technology successively issued semi-annual report pre-increasing announcements. The year-on-year growth rate of net profit has more than doubled. Regarding the reasons for the high performance growth, the four companies frequently mentioned the gradual recovery of downstream demand and the tight production capacity.

Among them, Tongfu Microelectronics expects that its net profit in the first half of the year will increase by 232%-277% year-on-year to 370 million yuan to 420 million yuan, compared with 338.4 million yuan for the whole of last year. Tongfu Microelectronics said that benefiting from the continuous advancement of integrated circuit localization, the demand for smart, 5G, Internet of Things, electric vehicles, and home appliances, tablets and other terminal markets has increased. In the first half of 2021, semiconductor packaging and testing capacity will continue to be in short supply. . Under the situation of tight production capacity in the global supply chain, the company strives to maximize production capacity through strong organization and respond to strong market demand.

Another major domestic packaging and testing company, Huatian Technology, recently stated on the interactive platform that the second phase of Huatian Technology's Nanjing base is under construction; the target of fixed increase is not yet determined; the production capacity in the second quarter has increased compared with the first quarter. According to Huatian Technology, the production capacity expansion of each production base is progressing as planned. Among them, the Shaoguan base is under construction. The company's Shaoguan base is mainly engaged in integrated circuit packaging and testing and the production and sales of display devices and display modules. It is expected to be put into operation in 2022. In addition, Huatian Technology stated that the outbreak in Malaysia will not affect the company's product prices.

Malaysia announced the indefinite extension of the national blockade, which will accelerate the transfer of orders to China

Malaysia is a global semiconductor packaging and testing and passive component manufacturing center. Earlier at the end of May, after the Malaysian government announced the implementation of the [Comprehensive Movement Control Order" from June 1 to June 14, Infineon`s back-end packaging and testing plant in Malacca, Malaysia, had been It was closed down by the Malaysian Ministry of Health. It was not until June 8 that Infineon obtained government permission to enter the eight production areas of the packaging and testing plant to resume production, resulting in a cumulative capacity loss of 2-3 weeks.

Subsequently, the "Comprehensive Movement Control Order" was extended to June 28, and now Malaysia has announced an indefinite closure of the city. With the lengthening of the blockade, the impact on the production and shipment of local packaging and testing, passive component factories may increase. Large, transfer orders may increase, but most of the packaging and testing and passive component factory capacity utilization rates remain high-end or close to full capacity, even if there are transfer orders, short-term demand can not be met.