At present, the gross profit of the company’s sub-3G receiver module products has been significantly improved. On the one hand, the company’s technology and yield have been improved. On the other hand, it is the optimization of product design, and at the same time, with the production layout of Xinzhuo semiconductor industrialization construction project, it will also contribute to gross profit.
Zhuo Shengwei said that in the short to medium term, the company will give priority to the layout of the mobile smart terminal market, because at this stage, the global RF front-end chip market is mainly occupied by traditional manufacturers in Europe, America and Japan, and the mobile phone market still has huge market space for high-end filters and high-end PA modules, so this is the market direction of the company’s priority layout. In the long run, the company hopes to be able to lay out a complete RF capability and product line, and be able to achieve real domestic substitution. At the same time, the company is actively expanding downstream applications such as communication base stations and Internet of Things, but there is still a big gap between other markets and the mobile phone market.
Zhuo Shengwei said that the company’s products have two dimensions, one is the functional dimension, such as being used in 5G frequency bands and other uses; On the other hand, from the perspective of technology, the company’s products cover various materials such as RFSOI, SiGe, GaAs and related technologies. Based on the above, the company has formed a rich product matrix, which can flexibly provide different products according to market and customer needs. It is one of the few suppliers in China that can provide comprehensive RF front-end receiving solutions.
With the promotion of the filter product line of the company’s Xinzhuo semiconductor industrialization construction project, depreciation will begin in the second half of the year. The depreciation amount this year is not much, and the depreciation amount next year will be larger than this year. The company will depreciate and amortize the assets according to the accounting standards.
According to Zhuo Shengwei, the value of the company’s L-PAMiD products is very large. The high-end models of mobile phone terminal manufacturers and flagship machine all need L-PAMiD products, and brand customers pay high attention to it. Once this product is broken, the company will realize the complete localization of the RF front-end product line.
Zhuo Shengwei said that the growth of the company’s inventory is mainly due to supply chain planning, and at the same time, it is caused by increasing stocking for newly launched products. At present, the company’s inventory products are mostly general-purpose products with long life cycles, and the company will speed up the introduction of products to the market, strengthen the consistency between production resources and market demand, and reduce inventory risks.
At present, the company’s progress in the Xinzhuo project and the expansion of the product line are relatively smooth. By the end of the second quarter of 2022, the company’s SAW filters and high-performance filters have been in the stage of small batch production and will soon enter the stage of mass production. The diplexer and quadrupler have been wafer-streamed, and the preliminary verification results have reached the design index. In the future, the company will combine market conditions and customer needs to promote production expansion in an orderly manner.
(Proofreading/Li Zhengcao)