The MCU is essentially a CPU moderately reduced specifications and frequencies, and an micro chip -level computer of memory, timer, I/O and other modules is integrated. The key core of intelligence.MCU is mainly used in six downstream markets, including automotive electronics (39%), industrial control (25%), consumer electronics (14%), computing and storage (14%), and network communication (8%).
According to PreceptEnceResearch research, the global MCU market in 2022 is about 28.2 billion U.S. dollars, and it is expected to reach 58.2 billion US dollars in 2030 and 9.48%of CAGR in the next 8 years.According to IHS and IC Insights, the size of the Chinese MCU market in 2022 was about 39 billion yuan, a year -on -year increase of 7.7%. It is expected that it is expected to exceed 50 billion yuan in 2026, with great potential for future growth.
In November 2023, the third quarterly report of the A -share listed company has been disclosed.How does the Q3 of domestic MCU listed companies perform?Which tracks have grown fastest?Which companies are most profitable?
Domestic MCU manufacturers are rising rapidly
At present, there are 11 MCU business in the main business of A -share listed companies.In terms of market value or revenue, Zhaoyi Innovation ranks first, becoming the "one brother" of domestic MCU listed companies.From the perspective of the current market value, more than 10 billion includes Zhaoyi Innovation (72 billion yuan), Fudan Microelectronics (29.4 billion yuan), and Fengxu Technology (10.2 billion yuan).Judging from the revenue in the first three quarters of 2023, more than 1 billion included Zhaoyi Innovation (4.39 billion yuan), Fudan Microelectronics (2.74 billion yuan), and Lexin Technology (1.03 billion yuan).From the perspective of product categories, most companies are mainly 32-bit ARM architecture MCUs. New products since 2020 have used independently developed IPs based on the RISC-V instruction set.According to OMDIA statistics, Zhaoyi Innovation ranked seventh in the global MCU market in 2022.According to TSR statistics, Lexin Technology is the largest market share in the world's global shipments in the Internet of Things Wi-Fi MCU chip in 2022.
In the first three quarters, the performance was sluggish, and this type of MCU performed brightly
In the first three quarters of 2023, 63%of domestic MCU listed companies revenue fell year -on -year, and 81%of the company's net profit fell year -on -year. 45%of the company's net profit losses and the overall performance of the industry was under pressure.
According to Zhaoyi Innovation, the market demand for the chip product market has declined, and the price of products has decreased compared with last year, resulting in the increase in the company's product sales, operating income is still decreased year -on -year.Zhongying Electronics said that due to the change in product sales and sales portfolios, the gross profit margin declined.Most of the company's products are facing the fierce competition of market sales prices, and the sales of various product lines have declined year -on -year.Sino -Micro -Director said that due to the high inventory cost and the impact of the sales strategy of destocking and the market, the unit price of the product decreased significantly, and the total operating income was still less than the same period.
It is worth noting that some companies still achieve considerable growth in this context.Wi-Fi MCU manufacturer Lexin Technology achieved revenue of 1.027 billion yuan in the first three quarters of 2023, an increase of 8.18%year-on-year; net profit attributable to mother was 87 million yuan, an increase of 3.96%year-on-year. EssenceLexin Technology said that in the context of the low macroeconomic prosperity, many downstream customers' business declined, but the company's new product volume finally achieved the growth of overall revenue.The second-new high-cost product line ESP32-C3 and high-performance product line ESP32-S3 have successfully entered the rapid growth stage this year.