Source: Bloomberg
As the cutting -edge semiconductor companies in the United States and its allies far away from China, a less glorious field in the chip market is further closer to the world's second largest economy.
When the sales of automobile chip manufacturers are affected due to the slowdown of inventory and the slow speed of the Western acceptance of electric vehicles, this season's financial report shows how important China is large participants in the field of automotive chip manufacturing.
In the past two weeks, Kurt Sievers, CEO of NXP Semiconductor, mentioned that the weak European and American industrial markets are in sharp contrast to "amazing growth" of Chinese electric vehicles this year.Yingfeeling CEO Jochen Hanebeck said that under the weakness of the electric vehicle market, a broader recovery is still elusive, but China's toughness helps this German chip manufacturer's profit.For Texas instruments, China's business has increased by 20%in its five product markets.
With the spread of geopolitical tensions to the automotive field, for these chip manufacturers, deepening contact with China may become a double -sided blade.The European Union and the United States have imposed tariffs on the import of Chinese electric vehicles, and Beijing threatened to counter.Washington and Brussels are reportedly discussing a new strategy to evaluate the supply of traditional chips.
So far, the technical tensions in the United States and China are mainly concentrated in Washington to curb Beijing to obtain cutting -edge semiconductors and manufacturing equipment.China thus trying to achieve technical self -sufficiency, especially in the field of automotive chips.Because these technologies do not need to rely on the latest manufacturing technology, they are basically not affected by the US export control, so it is almost impossible to prevent China from accelerating their development and eventually replacing foreign chip manufacturers.
Researchers John Lee and Jan-Peter Kleinhans wrote in a recent report of the German Foreign Relations Commission that, just as the EU's strong automobile industry supports Yingfei, NXP and Serie Semiconductor, China's electric automobile industry is alone.Global expansion has also greatly helped the development of such chip suppliers in the country.They said that this helps Chinese auto manufacturers to improve its competitiveness and may have a significant impact on European companies and national economies.
McKinsey estimates that the value of the car chip market will reach $ 150 billion by 2030, which is one of the outstanding fields in the semiconductor industry in Europe.
