【财经分析】高端示波器技术取得突破 半导体设备国产化提速

Core Insights - China has made significant breakthroughs in the high-end scientific instrument sector, particularly with the launch of the new generation of ultra-high-speed real-time oscilloscopes by Shenzhen Wanliyan Technology Co., Ltd, which features a bandwidth of 90GHz and a sampling rate of 200 billion samples per second [1][2]. Industry Developments - The oscilloscope is an essential tool for semiconductor and integrated circuit research, and the international high-end oscilloscope market has been dominated by a few foreign companies, which has hindered China's technological development [2]. - Wanliyan's oscilloscope can accurately capture ultra-high-speed signals ranging from 112Gbps to 224Gbps, significantly enhancing domestic companies' testing capabilities in advanced technologies such as high-speed SerDes and next-generation optical communications [2][3]. - The introduction of the "Smart Eye" architecture by Wanliyan allows for T-level real-time data acquisition and intelligent data processing, achieving a data processing capability of 3.2Tbps and drastically reducing testing time from days to minutes [3]. Market Growth - The semiconductor and integrated circuit industry in Shenzhen is projected to continue rapid growth, reaching a scale of 142.4 billion yuan with a year-on-year increase of 16.9% [4]. - The semiconductor equipment market in mainland China has seen substantial growth, with the market size increasing from $6.46 billion in 2016 to $36.6 billion in 2023, reflecting a compound annual growth rate of 28.11% [5]. Equipment and Technology Advancements - New products showcased by companies like Xinkailai include critical semiconductor manufacturing equipment, indicating a comprehensive upgrade in the semiconductor equipment industry [5][6]. - The domestic market for semiconductor detection and measurement equipment is expected to grow at a compound annual growth rate of 27.73% from 2020 to 2024, with the global market projected to reach $14.35 billion in 2024 [8][9]. Domestic Production and Standardization - The innovation in ultra-high-speed real-time oscilloscopes is expected to promote the adoption of "Chinese standards" in various fields, including semiconductors and 6G communications [3]. - Companies like Chipone Microelectronics and others are leading the charge in domestic production of high-end chips, contributing to the industry's growth and the establishment of a robust "Shenzhen chip" ecosystem [4].