China‘s IC industry performed well in the first half of 2017 and maintained rapid growth. Among them, Beijing Zhaoyi Innovation Technology Co., Ltd. (hereinafter referred to as “Ziyi Innovation”) has made good progress in addition to the huge increase in revenue. In the first half of this year, Zhaoyi Innovation launched the ultra-low-power NORFlash product for the Internet of Things (IoT) market; the wide-ranging 1.65V~3.6V wide power supply voltage NORFlash product is mass-produced; it is suitable for the automotive and high-performance markets. The high-speed transmission rate of NORFlash supporting DDR interface has been successfully developed and mass-produced. At the same time, the research and development of high-capacity products has been increased, and the self-developed SLCNANDFlash has been mass-produced.
On August 27, Zhaoyi Innovation released the first half of 2017 financial report. The financial report showed that the operating income in the first half of the year was 939 million yuan, up 43.29% year-on-year; the net profit attributable to shareholders of listed companies was 179 million yuan, up 99.59% year-on-year. The average net profit growth rate of the component industry was 26.22%.
During the reporting period, Zhaoyi Innovation continued to promote advanced process technology. NORFlash steadily promoted the development of 45nm NORFlash products, maintained its leading position in the NORFlash technology industry, and provided technical reserves for the company‘s market expansion and product competitiveness in high-capacity products; On the basis of the products, debugging and optimizing 24nm technology products and making significant progress, and making technical reserves for the subsequent introduction of high-capacity and feature-rich NAND product lines.
In terms of the MCU product line, Zhaoyi Innovation continues to build the competitiveness of the MCU product line, increase the market occupancy rate, and enhance the coverage of products at all levels. In the first half of the year, Zhaoyi Innovation launched a new GD32F403 series of high-performance basic microcontrollers based on the 168MHz Cortex®-M4 core. It provides a cost-effective choice for advanced computing needs with balanced system resources and peripheral configurations. The main frequency is 108MHZ. The new GD32F330/350 series of value-added microcontrollers; the introduction of fingerprint recognition FPR series dedicated MCU, can provide a safe, high-speed and cost-effective hardware development platform for fingerprint identification systems.
The China Daily reported that Zhaoyi Innovation increased its R&D investment in the first half of the year, enriched the above product lines, and adapted to market application needs, while also optimizing supply chain management and actively responding to tight production capacity. In the first half of this year, the global semiconductor industry supply chain capacity was tight, and demand increased significantly, and the market was in short supply. Based on the good cooperative relationship accumulated with the external manufacturers for many years, Zhaoyi Innovation optimizes supply chain management, allocates the capacity of each supplier, and strengthens the production and sales links in all aspects of the supply chain, aiming at new products, new application development, new technologies and new processes. Reduce costs, increase yield, and maintain stable supply.
The China Daily disclosed that Zhaoyi’s innovative operation management adheres to the marketization and internationalization route. The product development, operation and sales areas are directly oriented to the world. Customers including Intel, Samsung, Canon and other international first-tier manufacturers have provided good prospects for business development. At the same time, the operation adheres to the direction of marketization, and the products are customer-oriented, and define product development and operation around the current and future potential needs of customers.
At present, Zhaoyi Innovation is the leading flash memory chip design enterprise in mainland China. According to the China Semiconductor Industry Association, since 2012, Zhaoyi Innovation has become the largest code-based flash memory chip design company in mainland China and the largest serial NORFlash design company. According to TrendForce data, 2016 Zhaoyi Innovation NorFlash operates globally. Revenue market share of 7%, ranked fifth in the world.