A few days ago, on June 14, Cogobuy Kang Jingwei responded in detail to this process after being sold by institutions in May last year in a research activity, as well as the current situation of the company.
Kang Jingwei, chairman of Cogobuy, participated in a research activity at the third phase of Shenzhen Station of 'Entering Hong Kong Stock Listed Companies together with the Stock Exchange', sponsored by Shenzhen Stock Exchange and supported by Hong Kong Stock Exchange.
Why is the demand for IC components increasing in recent years? Kang Jingwei said that because of the development of smart hardware. For example, in the automotive field, according to Li Shufu, the car used to be 'a sofa with four wheels', and today, with another theory, the car is a computer with a big screen. In the future, we can see that all electronic products, even objects, are intelligent hardware. Based on this trend, global chip demand has grown by double digits annually over the past few years.
In China, chips are not only an indispensable part of 5G, the Internet of Things, AI, etc., but also have long been elevated to the national strategic level and become a national tool. In the first quarter of 2018, China's integrated circuits still maintained a rapid growth trend, with sales reaching 115.29 billion yuan, an increase of 20.8%.
After the ZTE incident, the state has increased its support for independent chips, and the second phase of the 'big fund' has been raised, which is expected to reach 150-200 billion yuan, and the total scale of social capital mobilized by the first phase and the second phase is expected to exceed 1 trillion yuan. It is foreseeable that the chip market will become larger and larger in the future. Cogobuy, as a distributor of IC components and a provider of custom chips, will play an increasingly important role.
It is understood that the world's largest 100 semiconductor companies, currently 40%-50% of the company is Cocom core suppliers, such as Intel, Broadcom, Xilinx and other top-ranked semiconductor companies in the world. In terms of customers, Cogobuy has served more than 30,000 manufacturing enterprises, basically covering large manufacturing enterprises in China, including the top five customers in each field, such as Huawei and ZTE in the communications industry; In the automotive field, BYD, Changan Automobile, Great Wall Automobile, etc.