Changzhou Fusion New Material (SH:688503) 势银芯链·2025-10-11 06:01Core Insights - 聚和材料 announced the acquisition of SK Enpulse's blank mask business for 680 billion KRW (approximately 350 million RMB), aiming to gain absolute control over the assets, including land, buildings, equipment, patents, technology, and personnel [2] - The blank mask is a critical raw material for mask plates, with significant cost implications for semiconductor manufacturing [3] - The global blank mask market is dominated by major players like HOYA, Shin-Etsu, and AGC, while domestic companies have minimal market share, highlighting a gap in the high-end blank mask industry in China [3][4] Industry Overview - The semiconductor mask market is projected to reach USD 6.079 billion by 2025, with a year-on-year growth of 7%, while China's semiconductor mask market is rapidly expanding from USD 912 million in 2017 to USD 1.556 billion in 2022, reflecting a compound annual growth rate (CAGR) of 11.3% [4] - The domestic mask industry faces challenges, particularly in high-generation display panels and advanced semiconductor processes, with only a few companies capable of producing masks for 65nm/55nm nodes [4][5] - There is significant potential for localization in the domestic mask industry, especially with advancements in high-generation displays and high-performance chips [5] Market Players - A comprehensive overview of domestic and international players in the mask and blank mask sectors has been compiled, showcasing various companies and their product offerings [5][6][7][8] - Notable domestic companies include 清溢微电子, 路维光电, and 中微掩模, while international competitors include Photronics, DNP, and HOYA [6][8] Upcoming Events - TrendBank is organizing the 2025异质异构集成年会 from November 17-19, 2025, focusing on heterogeneous integration technologies and advanced packaging strategies [9] - The conference will feature discussions on multi-material heterogeneous integration, optoelectronic fusion, and other cutting-edge packaging technologies, aiming to foster collaboration between industry and academia [9]