集邦咨询：三地“芯”政策指向“自主可控”与“产业进阶”

Core Viewpoint - The recent policies introduced in Guangzhou, Zhuhai, and Shanghai reflect China's determination and action to accelerate breakthroughs in the semiconductor industry, emphasizing the importance of the integrated circuit sector for national technological self-reliance and competitiveness [1][9]. Guangzhou - Guangzhou aims to establish itself as a core area for China's integrated circuit industry, focusing on high-quality development through various measures, including enhancing chip design capabilities and supporting domestic production of core design tools [2][5]. - The policy includes financial support for companies developing high-end chips, with subsidies up to 5 million yuan for specific design projects [3]. - Measures also promote the localization of essential semiconductor materials and equipment, with subsidies for fixed asset investments exceeding 10 million yuan [4]. Zhuhai - Zhuhai has introduced ten measures to support the high-quality development of the semiconductor and integrated circuit industry, focusing on areas such as factory acquisition and advanced packaging [6][7]. - The policies encourage the development of the RISC-V ecosystem, with financial rewards for product development and sales achievements, aiming to foster innovation in key technology areas [6][7]. - The establishment of the RDSA industry alliance and the RISC-V application innovation center in Zhuhai highlights the city's commitment to building a robust RISC-V ecosystem [7]. Shanghai - Shanghai is enhancing its semiconductor industry by implementing a comprehensive strategy that focuses on the entire supply chain, from design to manufacturing and testing [8]. - The city plans to leverage a 100 billion yuan fund to support the development of the semiconductor sector, with a projected industry scale exceeding 390 billion yuan by 2024, marking a growth of over 20% [8]. - Recent initiatives include the establishment of a semiconductor materials laboratory and policies to support wide-bandgap semiconductor development, aiming to create a conducive environment for innovation and industry growth [9]. Overall Implications - The coordinated policies from Guangzhou, Zhuhai, and Shanghai collectively aim to enhance China's self-sufficiency and advancement in the semiconductor industry, fostering a competitive edge in the global market [9].