赛微电子(300456) - 赛微电子调研活动信息

Financial Performance - The company's revenue for the first half of 2023 reached 360.99 million yuan, a 24.53% increase compared to the same period last year [2][3] - The MEMS process development revenue was 129.11 million yuan, a decrease of 24.68% year-on-year, attributed to the strategic focus on wafer manufacturing [3] - The net profit attributable to the parent company was a loss of 27.44 million yuan, primarily due to increased R&D investment and lack of significant investment income from long-term equity disposals [3] Business Strategy and Development - The company is focusing on enhancing its MEMS core business, including production line planning, R&D investment, patent accumulation, and industrial fund operations [3] - The Beijing FAB3 facility began commercial-scale production of certain BAW filters in July 2023, with an initial capacity of 2,000 wafers per month, expandable to 10,000 wafers per month [5] - The company aims to leverage the advantages of the Guangdong-Hong Kong-Macao Greater Bay Area by establishing a MEMS project in Shenzhen to meet diverse customer needs [9] Market Position and Competition - The global MEMS pure foundry market ranks the company first in 2022, with a comprehensive ranking of 26 [7] - The BAW filter market is dominated by international giants, with Broadcom holding approximately 90% market share, highlighting the need for domestic manufacturers to enhance design capabilities and break monopolies [7] - The MEMS industry is expected to grow, driven by demand in various sectors such as communication, biomedical, industrial automotive, and consumer electronics [6] Production and Quality Management - The transition from risk trial production to mass production for MEMS chips typically takes around six months, with yield rates expected to improve during large-scale production [8] - The company is developing an advanced packaging testing line, which is currently in the construction phase, aiming to provide comprehensive services from process development to wafer manufacturing and packaging testing [9]