Core Viewpoint - The company, Baiwei Storage, emphasizes the importance of self-built testing and packaging capabilities to enhance product competitiveness and bargaining power in the semiconductor storage industry [1][3][4]. Group 1: Company Strategy - Baiwei Storage was established in 2010, focusing on the research, design, packaging, testing, production, and sales of semiconductor storage devices, with applications across various sectors including smart terminals, PCs, and data centers [3]. - The company adopted a dual strategy of "solution development + independent packaging and testing" to strengthen its capabilities and meet market demands for high-capacity, miniaturized, and low-power storage solutions [3][4]. - By integrating research and testing capabilities, the company aims to avoid competition in saturated markets and enhance its differentiation [4][5]. Group 2: Research and Development - Baiwei Storage has significantly increased its R&D investment, growing from 51 million yuan in 2018 to 447 million yuan in 2024, representing an increase of over seven times [5]. - The company has diversified its market presence by entering emerging fields such as AI, smart vehicles, and enterprise-level storage, thereby improving its business structure and mitigating risks [5][6]. Group 3: Emerging Markets - The company is focusing on three key emerging sectors: smart wearables, smart vehicles, and enterprise-level storage, with plans to enhance revenue contributions from these areas [6][7]. - In the smart wearables sector, Baiwei Storage has established a competitive advantage, with projected revenue exceeding 1 billion yuan in 2024, marking a nearly threefold increase year-on-year [6]. - The company has begun mass deliveries of LPDDR RAM and eMMC products to leading automotive manufacturers, anticipating increased sales in automotive-grade storage [7].
佰维存储董事长孙成思：“唯有掌握核心能力，才能决定产品的竞争力和议价权”