不确定下的曙光-亚太半导体腾飞（英文版）-48正式版

AnchorofglobalsemiconductorAsiaPacificTakesOffContentsPreface36AsiaPacificbecomesananchoringlobalsemiconductorRivalryinthe"Big4"semiconductorregionsUncertaintyBecomestheNewNormAIDrivingtheTransformationofSemiconductorManufacturingAutomotivesemiconductors13222533Anchorofglobalsemiconductor-AsiaPacificTakesOffPrefaceOverthepasthalfcentury,innovationincomputingtechnologieshaveareappliedtoarangeofvehiclesfrommanualdrivingtoautonomousdriving.Forexample,voltagecontrolandbatterymanagementallrequiresemiconductorchips,drivingdemandgrowthforautomotivechips.Intheglobalautomotivesemiconductormarket,thevalueofsemiconductorsoneachvehicleisexpectedtoincreaseten-foldby2035.Theupsurgeofintelligenthardwareandelectricvehiclesalsobringswithitsubstantialdemandforstorage.Sinceglobaldatavolumeisexpectedtoincreaseto10trilliongigabytesby2030,thedemandforintegratedchipsisalsoexpectedtoincrease.rapidlychangedsociety,especiallythesemiconductorindustrywhichisatthecoreoftechnologicalrevolution.Theconsumersidehasalwaysbeenthemostimportantforce,duetotheriseofthesmartphonesandrelatedintelligenthardware.RemotehomeofficesandonlineschoolshavebecomethemainformsofworkingandstudyingsincetheoutbreakofCOVID-19,leadingtoskyrocketingdemandforsmartphones,tabletcomputersandothersmartelectronicdevices,therebydemandforsemiconductorchips.Intheautomotivefield,moreandmoreelectronicdevicesFigure:ThesemiconductorindustrywillbedrivenbybothconsumerandbusinessdemandinthenextdecadeInthenextdecadeInthepast10yearsDrivenbyConsumer+CorporatedualsidesDrivers：Smartelectronicdevices,electroniccars,memorychips,AI,etc.Increaseddemandfordatacenterandedgehardware,theInternetofThingsapplicationhasincreasedsignificantly,themarketsdemandDrivenbyConsumerside:’forsensorscontinuestoincrease,demandforsemiconductorproductshassoared.Thepandemicbringsremoteworkingmodeandonlineschool,drivingthedemandforsmartphoneandrelatedhardware,whichincreasesthedemandforsemiconductorelements.03Anchorofglobalsemiconductor-AsiaPacificTakesOffDemandforsemiconductorsdrivenbysmartdevicesandautomobileshasforthepasttenyearspromotedthedevelopmentofthesemiconductorindustry,basedontheneedsofofThingsandinnovationaroundautomotivetechnology.Ontopofthat,withthepopularityoftheInternetofThings,marketdemandwillincreaseaccordinglywhichwillfurtherboostthehugedemandforsemiconductorproducts.consumers.However,withthecontinuousdevelopmentoftechnology,webelievethatinthenext10years,thekeydriversbehindthedevelopmentofthesemiconductorindustrywillgraduallytransferfromtheconsumersidetothe"consumer+corporatedualsides",especiallyfordigitaltechnologiessuchas5G,AIandtheInternetofThings,ofwhichutilizationwillbemoredrivenbytheenterpriseside.Someleadingindustries,suchasautomobiles,computingandmedicalcarearepushingforwardwiththewaveofAIapplication,therebypromotingthedevelopmentofAIsemiconductors.Meanwhile,AIalsoplaysanimportantroleinthedemandfordatacentersandedgehardware.Inadditiontopromotingthedevelopmentofthetelecomsindustry,theindustry-wideuseof5Gisalsoacceleratingthedevelopmentofsemiconductors,enrichingthedesignofAIInternetAsthe"Bigfour"semiconductorregions–SouthKorea,Japan,MainlandChinaandTaiwan(China)–haveplayedaleadingroleinthedevelopmentofthesemiconductorindustryattheupstream,midstreamanddownstream,evenonagloballevel.AseriesofblackswaneventshavealsomadetheAsiaPacificsemiconductormarketbecomeincreasinglyimportant.Wepredictthatwiththeincreasingdemandforthesemiconductormarketandincreasingstandardsfordiversification,AsiaPacificcountrieswillacceleratethepaceofR&Dandinnovationaroundsemiconductors,inordertocompeteandexcelinsuchahighlycompetitiveenvironment.Inreturn,thiswilltransformtheAsiaPacificintothecornerstoneoftheworld'ssemiconductorindustry.04Anchorofglobalsemiconductor-AsiaPacificTakesOffAsiaPacificbecomesananchoringlobalsemiconductorBlackSwaneventsafrequentoccasionFromnaturaldisasterssuchasearthquakesandtsunamistotheglobalpandemicandgeopoliticalissues,BlackSwaneventshavebecomeincreasinglyfrequentinrecentyears.Suchincidentshavenegativelyaffectedthesupplyanddemandofthesemiconductorindustryonaregularbasis.Forexample,demandforelectronicdeviceshasrisensignificantlysincetheoutbreakofCOVID-19,asconsumersneedtopurchaseelectronicdevicessuchaslaptopsandmonitorstobetteradapttoonlineworkingorstudying.SalesofhomeappliancesuchasTVsandairpurifiersalsojumped.Withallmodernelectronicdevicesbeingequippedwithsmartchips,alongsidethedevelopmentof5Gnetworksanddatacentres,demandforsemiconductorcomponentscontinuestogrow.Further,theuncertaintiessurroundingtechnologicalcompetitionbetweenChinaandtheUShasalsointerruptedtheglobalsupplychain;forexample,smartphoneandnetworkdevicemanufacturershavestockeduponsemiconductorcomponents.Multinationalcompanieshavealsoheldinventoryvolumesabovetheirnormallevelssoastooffsetthepotentiallossduetotheuncertaintyoftheentiremarket.Thesecombinedfactorshavebeenaleadingfactorbehindthesupplyshortageofsemiconductorchips.Theseeventshaveresultedinareductioninvehicleproductionandanincreaseinthepriceofelectronics.Gameconsolemakers,forexample,wereunabletodeliverflagshipconsolestoconsumersasscheduled,whilenewsmartphonelaunchescouldnotmeetconsumerdemand.Figure:BlackSwaneventsimpactingthesemiconductorindustryGeopoliticsNatural/Man-madeDisasters•

Tradeprotection•

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Intellectualproperty•

Earthquake•

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CuttingoffwaterandpowersupplyConsumerDemandCorporateDemand•

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StockuplotsofinventoriesSource:Gartner,Deloitte06Anchorofglobalsemiconductor-AsiaPacificTakesOffAsiaPacificbecomestheanchorofglobalsemiconductorsAsiaPacifictobecomethelargestsemiconductormarketSouthKorea,Japan,MainlandChinaandTaiwan(China)haveeachplayedacriticalroleinthedevelopmentofthesemiconductorindustry,fromupstreamtodownstream.AseriesofblackswaneventshavemadetheAsiaPacificsemiconductormarketstrategicallycritical.WeexpectthatthesemiconductorindustryintheAsiaPacificwillgrowitsglobalshareto62%by2030,andtheglobalmarketofsemiconductorswillexceedUSD1trillion.Figure:AsiaPacific'sshareintheglobalsemiconductorindustry2020GlobalMarketShare2030GlobalMarketShare(Forecast)20202030Korea,19%China,15%Taiwan(China),6%Korea,20%Taiwan(China),10%Japan,10%China,5%Japan,10%Others,57%Others,40%Source:Deloitte07Anchorofglobalsemiconductor-AsiaPacificTakesOffSpecifically,SouthKoreawilldevoteitsR&DeffortstowardsAIand5Grelatedsemiconductorproducts.Japan'sstrengthliesinsemiconductormaterials,andisstrivingforthedevelopmentofbothmid-anddownstream,aswellasrevivingitssemiconductorindustry.Meanwhile,Chinaisstrivingtowardsadevelopmentmodelofself-sufficiency.AsforTaiwan(China),althoughithasalreadyplayedaleadingroleinsemiconductormanufacturing,theislandcontinuestoreinventitselftoachieveacomprehensivetechecosystem,whiledevotingitselftotheresearchofsustainableandgreensemiconductors.ThestrengthoftheAsiaPacificregionwithregardstosemiconductorscanalsobeseenfromthelocationofcorporateheadquarters.In2020,therewerefiveAsiaPacificenterpriseslistedintheglobaltop15semiconductorcompaniesbyrevenue,whilethreeofthemwerelistedasthetopthree.ThetotalrevenueofthesefiveAsiaPacificcompaniesaccountedfornearlyhalfofallglobalrevenue,andtheirannualgrowthratesrankedamongthetop15.Figure:AnnualRevenueofTop15semiconductorfirmsinAsiaPacific(2020)Milliondollars90,00055%80,00082,39870,00060,00050,00040,00030,00020,00010,000038%56,2017%10,720JapanSouthKoreaTaiwanRevenuein2020(inmilliondollars)Percentageofthetotalrevenuein2020Source:ICInsight,Deloitte08Anchorofglobalsemiconductor-AsiaPacificTakesOffAsiaPacificleadsinmanufacturing,OSATandmaterialsManufacturing–SouthKoreaandTaiwan(China)playadominantroleMostoftheworld'stopchipdesigncompaniestodayrelyonmanufacturersintheAsiaPacificregiontomanufacturesemiconductorchips.ThetwomostinfluentialmanufacturersareTSMCandSamsung,whichcollectivelyownover70%ofthetotalmanufacturingmarket,theyhaveinrecentyearsbecometheonlysuppliersofcutting-edgechips.Inparticular,thetotalvolumeofsemiconductorchipsmadeinTaiwan(China)accountsforover50%oftheglobaltotal.Thereasonbeingthatsemiconductormanufacturingiscapital(uptotensofbillionsofdollars)andresearchintensive.Tomaintainitsdominanceinthefuture,Taiwan(China)israpidlyreinventingitstechniques,proposingthemostadvanced3nmtechnologywhichisplannedtobeimplementedinthesecondhalfof2022.Figure:ProportionofAsia-Pacificsemiconductorsectoringlobalvaluechain(2020)Japan7%SouthKorea5%Otherregions13%MainlandChina30%Taiwan(China)58.8%SouthKorea18.8%Otherregions10.1%Japan7.5%MainlandChina4.8%Taiwan(China)40%SouthKorea5%Midstream-ManufacturingDownstream-OSATOtherregions11%Taiwan(China)15%Otherregions61%MainlandChina17%MaterialsUpstream-DesignEquipmentSouthKorea21%Japan52%Taiwan(China)7%Japan6%MainlandChina5%Japan29%Otherregions63%MainlandChina1%SouthKorea2%Taiwan(China)5%09Anchorofglobalsemiconductor-AsiaPacificTakesOffMeanwhile,SouthKoreahasthesimilarstrengthsinwafermanufacturing,includingthelong-termexperience,theconstantpolicyandfinancialsupportfromgovernmentandcorporation,whichisimportanttotheinnovationinmanufacturingindustry.policiestoattracttalentwillhelpthemanufacturingindustrygrowprosperously.Inanenvironmentthatlacksthesharingoftechnologyinformation,Chinashouldcultivatemoremanufacturingtalent,whilesimultaneouslyattractingtalentfromelsewhere.Thisisbasedontheconsiderationthathumancapitalandmanufacturingcostsarestringentlyrequiredbysemiconductormanufacturers.Chinaisalsoplayingcatchupinsemiconductormanufacturing.BoththeChinesegovernment's14thFive-YearPlanwhichofferssupporttothesemiconductorindustryandFigure:GlobalFoundryShareandWaferCapacity(2019-2030)100%90%80%70%60%50%82%83%40%30%20%10%0%79%201920252030OtherregionsInAsiaSource:SIA10Anchorofglobalsemiconductor-AsiaPacificTakesOffOSAT–Taiwan(China)andThesemiconductorindustryinTaiwan(China)developedearlyandhasmoveddownstreamtoOSATafterachievingsuccessinfoundrybusiness.Taiwan(China)isregardedasthetop-tierintheglobalOSATindustry,accountingfor44%ofthetotalmarket.However,itisfacinggrowingcompetitionfromMainlandChina,asChinahasputgreateffortsintothedevelopmentofOSATviacross-borderM&A.Bycontrast,althoughMainlandMainlandChinataketheleadTheoutsourcedsemiconductorassemblyandtest(OSAT)industrysitsattheendofthesemiconductorvaluechain,includingbothassemblyandtesting.Assemblyaimstoprotectthesemiconductorchipsfromexternaldamage,whileenhancingtheheatdissipationperformanceofthechiptoensurethecircuitscanworksmoothly.Testing,ontheotherhand,aimstoidentifydefectsbytestingthefunctionandperformanceofthechips.ThetransitionoftheOSATindustrytoamoreadvancedmarketcanbedifferentiatedbywirebonding.AdvancedOSAThaveoutstandingperformancewhichcontinuouslyattractsinvestmentfromOSATmanufacturers.ChinahasacquiredadvancedOSATcapabilitiesthroughmergersandacquisitions,itisstilldominatedbytraditionalformsofOSATandhasalongwaytogo.SincetheoveralltechnicallevelinMainlandChinaisbelowtheglobalstandardtoacertainextent,therevenuederivedfromtheadvancedOSATindustryonlyaccountsfor25%ofthetotalrevenue,whichislowerthantheaveragegloballevel.Inthefuture,theOSATindustryinChinafacesthechallengesoftechnicalimprovement,duetotheUS-Chinatradeandtechnologywar.TofurtherdevelopthetechniquesintoadvancedOSATandenlargeitsmarketshare,theOSATmanufacturersinChinaneedcontinuousR&D,domesticintegrationandtoproactivelycultivatetalentinthisfield.Undersucharivalry,OSATmanufacturersinTaiwan(China)areproactivelyintegratingresources,craftingtheircompetitiveadvantagesandre-inventingthemselvesintoadvancedOSATplayersthroughhighlyautomatedproductionprocessesandtechnicalimprovements.Materials–JapandisplaysabsoluteadvantagesFigure:RevenueofadvancedOSATinChinaandaccordingproportionInthefieldofsemiconductormaterials,100%Japanesecompaniesaccountformorethanhalfoftheglobalmarketshare.90080070060050090%80%70%60%50%40%30%20%10%0%Forexample,Japanoccupiesamajoritymarketshareinareaofphotoresist,whichisthemostimportantconsumableinthephotolithographyandchipmanufacturingprocess.Semiconductormaterialshave4003002001000802extremelystrictrequirementsfor"fineness"and"formulation",requiringalargenumberofbasicscientificinstrumentsandlong-termtechnicalexperience.Undersuchconditions,itishardforotherregionsandcountriestocatchup.SouthKoreapreviouslyreliedheavilyonJapaninthefieldofsemiconductormaterials.However,withJapaneserestrictionsand680526201820192020RevenueofadvancedOSAT(in100million)ProportionoftheadvancedOSATSourceFounderSecurities：11Anchorofglobalsemiconductor-AsiaPacificTakesOffsanctionsonSouthKorea'smaterials,SouthKoreastartedtoenhanceitsresearcharound"domesticmaterials"andsteppeduptheconstructionofnewsiliconwaferfactoriessoastodiversifyitssupplychannels.tiercomparedtoitsmanufacturingindustry.OnlyTaiwanhadthreeintegratedcircuit(IC)designcompaniesarelativelycompletesemiconductorlistedintop10forrevenuein2020.Thevaluechainandisaleaderinthefieldsindustry'sdevelopedstartedearlyinanduniversitiestoconducttalenttrainingprograms.SouthKoreahasofAI,cloudtechnology,andelectricTaiwan,benefitingfromsufficientpolicyvehicles.Thisrichexperienceinmid-support,activepersonneltrainingandagoodmomentumofdevelopment,especiallyunderthepandemic.Taiwan'ssemiconductorvaluechainhasbeenrelativelycompleteforalongtime,andhasbeenactivelyintroducingadvancedtechnologieswhileinsistingonoriginality.Researchershaveinsistedontheirownresearchanddevelopmentwhileobtainingtechnicalsupport,andhavebeenstrivingforthedevelopmentofthedesignfieldunderthepremiseoffurtherimprovinginthemid-anddownstreamsegments.Withsupportfromthegovernment,Chinahasgraduallymadethescaleofthemid-anddownstreamclearer.Basedonthesolidfoundationsofitssemiconductorindustry,ithasbeguntoseekindependentresearchanddevelopmentinupstreamdesign.Alargenumberofsupportfundshavebeguntobeinvestedinthefieldofdesign.Thegovernmenthasalsocomeforwardtopromotejointscientificresearchbetweenenterprisesanduniversitiestocreateagoodenvironment,trainhigh-techtalent,andinitiativegreatercooperationwithworld-leadingICtechnologyresearchanddevelopmentandtalentacquisition.SouthKoreacontinuestoaanddownstreamindustrieswillalsohelpthedevelopmentoftheupstreamdesignfield.MainlandChinaaccountsforaround17%oftheglobalmarketforsemiconductormaterials,butwithautilizationrateoflessthan15%fordomesticproducedmaterialsinthesemiconductormanufacturingprocess,andevenlowerlocalizationratesinthefieldsofadvancedindustrialprocessesandadvancedOSAT,theindustrylacksitsownautonomy.ItisthereforenecessaryfortheChinesegovernmenttopromotethedevelopmentofitssemiconductormaterialsindustry,includingthereductionorexemptionofcorporatetaxburdens,increasingfinancialsupport,andconstructinganindustrialR&Dtechnologysystem.R&DExpenditure–AsiaPacificenhancesinnovationR&DexpensesonglobalsemiconductorcompaniescontinuestogrowwithatotalofUSD68.4billionin2020,whichisexpectedtoreachUSD71.4billionin2021.Specifically,thereisanincreasingmarketshareinthesemiconductorindustryintheAsiaPacific,alongsideincreasinginvestmentanddevelopment.SamsunginSouthKoreaincreaseditsR&Dfundingby19%in2020inordertoacceleratethedevelopmentofcutting-edgelogicprocesses,whileTaiwan'ssemiconductormanufacturershavealsoincreasedtheirR&Dexpenditureby24%toallowtheirICmanufacturingbusinesstogrowsteadily.Inaddition,TokyoElectroninvestedJPY135billioninR&DaroundEUVhigh-endequipment,whichhelpsmanufacturemoreadvancedhigh-endchips,therebyenhancingitspositioninthesemiconductormarket.Finally,MainlandChinaisnowcatchingup.MostChinesecompanieshaveincreasedtheirR&Dbudgetforchipdesignresearch,andintherelativelymatureOSATindustryinMainlandChina,companiesaregrowingsteadilywithyear-on-yeargrowthofR&Dexpensesat20-30%.ThesemiconductorindustriesinTaiwan(China)andSouthKoreahavestrongfoundationsandoccupyadominantpositionintheirrespectiveareasofstrength,whilealsocatchingupinthematerialsmarket.Accordingtoitsproperties,semiconductormaterialishardtobedecomposed,whereasTaiwaniscommittedtosustainabledevelopment,helpingTaiwantoattractcapitalinvestmentinwhatwillundoubtedlybecomeoneofthedominantdevelopmenttrendsinsemiconductormaterials.thejointdevelopmentstragovernmentandconsortiuminsemiconductorcompanidesignresearchanddeDesign–AsiaPacificisrapidlyadvancingThesemiconductordesignsectorintheAsiaPacificregionranksassecondandtakingtheleadfo12Anchorofglobalsemiconductor-AsiaPacificTakesOffRivalryinthe"Big4"semiconductorregionssuccessfullydriventhedevelopmentoftheentireindustrialchain,especiallytheHsinchuindustrialbasecluster,whichhasplayedacrucialroleinTaiwan'seconomicdevelopment.SincereformandopeninginChina,Chinahasrealizedtheimportanceofsemiconductors,thusthesemiconductorindustryembracedandachievedaperiodofprosperity,andevenacounter-trendsgrowth.ThesemiconductorindustryinMainlandChinahassincerapidlyformedanentirechainconsistingofICdesign,chipmanufacturingandOSAT.TheglobalsemiconductorindustryoriginatedfromtheUSinthe1950sandcompletedthefirstindustrialtransferfromtheUStoJapanduringthe1970sand1980s.Duringthisperiod,corporatesandresearchinstitutesworkedincollaborationtoachievehugetechnicalsuccess,ledbytheJapanesegovernment.Aidedbycostandtechnology,theJapanesesemiconductorindustryexpandedrapidly.SouthKoreathenembracedthisopportunityandlaunchedaseriesofsemiconductorindustrysupportprograms,alongsidetheintroductionofconsortiumsinSouthKoreaandcountercyclicalinvestments.TheselaidthefoundationforSouthKorea'sdominanceamidabackdropofawiderindustrydownturn.ThesemiconductorindustryhasgraduallybecomethelifebloodoftheSouthKoreaneconomyandisoneofthepillarindustriesinthecountry.InTaiwan,coevalmanufacturersproactivelyintroducedtechnologyandindependentR&D,startingwithOSAT.ThisenabledthesemiconductorindustryinTaiwantogrowrapidlyandhelpedgraduallyestablishtheentirevaluechaincomprisingOSAT,manufacturinganddesignindustries.TSMChasFigure:ExportandImportvaluesofsemiconductorinBig4semiconductorregionsinAsiaPacific.Figure:ProportionofsemiconductorinGDPinAsia-Pacificregion8%7%6%5%4%3%2%1%0%40003500300025002000150010005000ChinaTaiwan(China)SouthKoreaJapanValueofSemiconductorimportValueofSemiconductorexportSource:DeloitteSouthKoreaTaiwan(China)JapanChinaSource:Deloitte13Anchorofglobalsemiconductor-AsiaPacificTakesOffExportsofsemiconductorsplayanimportantroleinthetopfourAsiaPacificregions.Comparedtoallthreeotherregions,Taiwanhasmaintainedarelativelyhighexportvolume,followedbyMainlandChina,SouthKoreaandJapan.SemiconductorexportsinChinahavefluctuatedsignificantlyoverthepastdecadeandgrewsubstantially.Nevertheless,importsofsemiconductorsintoChinaarehigherthanthatofotherregions.AccordingtoChinaCustomsdata,thetotalvalueofChina'schipimportsreachedUSD304billion,farexceedingthesecond-rankedcrudeoilimports.Fromtheperspectiveofthetosubstantiallyexpandsupportindustry'sdevelopmenttrajectory,thegovernmentplaysacrucialroleinpromotingthesemiconductorsectorintheAsiaPacificregion.MainlandChina,Japan,SouthKorea,Taiwanandotherregionshavepolices.CompaniesinTaiwan(China)plantoinvestoverUSD107billiononsemiconductorsby2025.Atthesametime,China'sfoundry,OSATandanumberofIDMmanufacturersareproactivelyraisingfundstoexpandproduction.ThesecondphaseoftheNationalFundwasalsoapprovedin2018,whichmeansUSD30billionfromthesecondphaseofthisfundwillbeinvestedinthesemiconductorindustryoverthenextfewyears.successivelyreleasedinvestmentplans,establishedtaxreductionandexemptionpolicies,andtalenttrainingplansinordertoconsolidatethesemiconductorvaluechain.Inthenextdecade,theSouthKoreangovernmentwillworkincollaborationwithlocalcompaniessuchasandSKHynixtoinvestKRW510trillion(USD450billion)onestablishmentoftheworld'slargestsemiconductorindustrysupplychain,whichenablesSouthKoreatoconsolidateitspremierpositionintheinsemiconductorstorageindustry.Meanwhile,SouthKoreaalsoplanstoattractmoreadvancedtechnologyinvestmentfromabroad.JapanhasalsosetupafundofJPY200billionandplansEachofthetopfoursemiconductorregionshastheirownstrengths.SouthKorea'ssemiconductorindustryishighlyspecialized,includingdesign,manufacturingandprocessing.FromSamsungElectronics'YonginandHwaseongwaferproductionbaseslocatedinGyeonggiProvincetoSKHynix'swaferproductionbasesinChungcheongbuk-do,theirfactoriesaresurroundedbycomprehensivesupportingenterprises,formingaThesemiconductorindustriesinSouthKoreaandTaiwan(China)constitutealargeproportionoftheirrespectiveGDPs.SouthKorea'ssemiconductorindustryislargeinscale.Alarge-scaleandstablesemiconductorvaluechaincanbeformedandsemiconductorcityclusterscanbeformedbetweencities,basedonthecompetitivenessofitscorporatequantitiesandexperience.Taiwan(China)hasestablishedarelativelycompletesemiconductorindustrycluster,whichisthelargestsemiconductorfoundryregion.ThesemiconductorindustriesinJapanandChina,bycontrast,contributerelativelylowerproportionofGDP.Japan'seconomyismainlyconcentratedintheindustrialandservicesectors,anditsonlycompetitiveadvantageliesinupstreamsemiconductormaterials,whileitdoesn'tenjoyanyadvantagesinotherindustries.ThereasonswhyChina'ssemiconductorsectordoesn'tcontributealottoitsGDParethatChina'sGDPhasalargebaseanditssemiconductorindustryisstillinthedevelopingstage.AlthoughthedevelopmentofChina'ssemiconductorsectorcontinuestoaccelerate,itstillcannotplayaninfluentialroleinGDPgrowthintheshortterm.Figure:GovernmentinvestmentinthesemiconductorindustryintheAsiaPacificBilliondollars602.0504030201001.841.81.014.012.01.31.235.231.118.350.95201820192020ChinaTaiwan(China)JapanKoreaSourceNationalBureauofStatistics,SIA：14Anchorofglobalsemiconductor-AsiaPacificTakesOffFigure:DistributionoftheBig4semiconductorregionsintheAsiaPacificCountry/RegionMainareasCharacteristicsMainenterprisesRegionGyeonggiProvinceMemorychip•

Owningmorethan60%ofsemiconductorequipmentcompanies•

Samsung•

Hwaseongwaferproductionbase•

SKHynix•

Establishedfourlargesemiconductormanufacturersandabout50upstreamanddownstreamsuppliersSouthKoreaIcheonBaseChungcheongdoareaSemiconductorproductionequipment•

Factoriesaresurroundedbyvarioussupportingenterprises.Semiconductorindustryclusterwillbebuiltby2030•

SKHynixWaferProductionBaseKyushuSiliconIslandWafermanufacturing•

Accountfor5%ofglobalsemiconductoroutput.•

Sonymaterialsandphotoresistfiled•

Focusonproductionandassembly•

ToshibaJapanTokyoSemiconductor•

Coating/imagingequipment,heattreatment•

TokyoElectronicsmanufacturingprocessHsinchuScienceParkFoundryandOSAT•

Developmorethan70%oftheworld’sinformation•

TSMCtechnologyproducts•

MediaTekSouthScienceandTechnologyIndustrialPark(Nanke)CircuitsandOptoelectronics•

MachineryandbiotechnologydeterminethepositionofTaiwan’sflat-paneldisplayindustryintheworld•

InnoluxTaiwan(China)CentralScienceandBiotechnology,Integrated•

Istheworld’slargestgatheringplacefor12-inch•

RuijingTechnologyIndustrialCircuit,computerandotherwaferfabs•

WinbondPark(Zhongke)industriesComprehensivedevelopment•

ZhangjiangHigh-techParkisthelargestTheYangtzeRiverDeltawithShanghaiasitscenter•

SMICofvaluechainconsistingofbasicdesign,manufacturing,OSATsemiconductorindustryclusterinthemainland•

HuaHong•

HualiChinaMicroelectronicsPan-PearlRiverDeltaApplicationfieldsofintegrated•

Improvetheshortcomingsofthechipvaluechain•

ZTEMicroelectronicswithShenzhenasthecircuitscenteranddevelopindependentcoretechnologies•

HuaweiMainlandChinaBohaiRimwithBeijingICdesignindustryasthecenter•

Istheregionwiththem