是说芯语·2025-12-29 07:46Core Manufacturing Segment: The Foundation of Domestic Substitution - The manufacturing segment is the heavy asset core of the storage industry, responsible for key processes such as chip lithography and etching, and is a critical breakthrough area for domestic substitution [3] - Domestic companies have achieved large-scale production in the two main storage fields of 3D NAND and DRAM, forming a "fourth pole" in the global market [3] Key Companies in Core Manufacturing - Yangtze Memory Technologies Co., Ltd. (YMTC): The only domestic IDM company focused on integrated design and manufacturing of 3D NAND flash, with a global NAND market share expected to reach 13% by 2025 [4] - Changxin Memory Technologies (CXMT): The largest and most advanced DRAM manufacturer in China, with a focus on 19nm process technology and significant revenue growth in Q3 [5] - Fujian Jinhua Integrated Circuit Co., Ltd.: Focuses on niche DRAM markets, providing cost advantages in mid-to-low-end applications [6] - Newport Semiconductor: A leading manufacturer of specialty process storage chips, focusing on NOR Flash and special storage for critical fields [7] - SMIC: A leading global integrated circuit foundry, providing core support for storage chip foundry services [8] - Huahong Semiconductor: A core enterprise for specialty process storage chip foundry, with leading yield control levels [10] Chip Design Segment: The Core Engine of Technological Innovation - The design segment is the technological core of the industry chain, responsible for storage chip architecture design, circuit layout, and functional definition [12] - Domestic companies have achieved technological breakthroughs in NOR Flash, niche DRAM markets, and storage control chips, with some products reaching international mainstream levels [12] Key Companies in Chip Design - Lanke Technology: A leading global memory interface chip design company, with a total market value expected to reach 138.58 billion yuan by 2025 [13] - GigaDevice Semiconductor: A leader in NOR Flash and niche DRAM design, with a total market value of 151.58 billion yuan by 2025 [14] - Unisoc: A top-tier provider of storage technology products and services, with significant economic benefits from its fourth-generation SeDRAM technology [15] - Dongxin Technology: A rare Fabless company providing NAND, NOR, and DRAM design solutions [16] - Daqin Technology: A leader in automotive-grade storage and SRAM/DRAM design, benefiting from the explosion of smart automotive storage demand [17] Module Integration Segment: The Key Bridge Connecting Chips and Terminals - The module segment integrates chips with main control and interface components to form products like SSDs, UFS, and eMMC, which are core to meeting terminal demands [26] - Benefiting from the growth of AI smartphones, AI PCs, and AI servers, this segment is crucial for the storage industry [26] Key Companies in Module Integration - Jiangbolong: A leading third-party storage module company with significant revenue growth and a total market value of 111.87 billion yuan [27] - Baiwei Storage: Focused on embedded storage and PCIe SSD modules, with leading market share in embedded storage products [28] - Demingli: An integrated company providing domestic storage main control chips and module solutions [29] - Langke Technology: A well-known consumer storage module company with a stable market share [30] - Jintai Technology: A company developing both consumer and industrial-grade storage modules [31] Supporting Services and Specialty Fields: Important Support for the Industry Ecosystem - Supporting service companies provide full-chain support for the storage industry, including storage system solutions, testing equipment, and security storage [42] - Specialty field companies focus on niche scenarios, forming differentiated competitive advantages [42] Key Companies in Supporting Services - Tongyou Technology: A leading provider of enterprise-level storage system solutions, focusing on data center and cloud computing [43] - Hangyu Micro: A provider of storage and computing solutions for aerospace, with products suitable for space scenarios [44] - Hualan Micro: A provider of security storage and storage interface chip solutions, making significant progress in domestic security storage interface chip substitution [45] - Hongshan Technology: A provider of enterprise-level storage systems and data management solutions [46] - Zeshi Technology: A provider of storage chip and module testing equipment, supporting domestic storage enterprises [47] 2025 Storage Industry Development Summary - By 2025, China's storage industry has built a complete ecosystem covering "manufacturing-design-module-support services," with core companies achieving breakthroughs in technology and market share [58] - Leading companies like Yangtze Memory and Changxin Memory are pushing domestic storage to occupy an important position in the global market [58] - The "super cycle" of the storage industry will continue to evolve, with domestic companies accelerating breakthroughs in high-end fields such as HBM, 3D stacking, and secure storage [59]