Electronics

A few days ago, it was reported that the China Securities Regulatory Commission disclosed the approval for the registration of the IPO of Jiangsu Diao Microelectronics Co., Ltd.

Diaowei is an integrated circuit design enterprise specializing in the research, development, design and sales of high-performance analog chips. Since its establishment, the company has always adhered to the business strategy of "full product business line" coordinated development, and continued to provide customers with high-efficiency, low-power, and stable-quality analog chip products.

The volume and price of core products have risen, and the profitability has gradually increased

In recent years, my country has gradually increased its emphasis on the integrated circuit design industry, and successively issued a series of policies to support and develop the industry. At the same time, as the new generation of information technology industry relies heavily on integrated circuits, the continuous release of downstream demand has driven the continuous development of the upstream integrated circuit design industry.

According to the statistics of CCID Consulting and Qianzhan Industry Research Institute, during 2012-2020, the market size of my country's analog integrated circuit industry increased from 136.85 billion yuan to 266.66 billion yuan, with an average annual compound growth rate of 8.70%, which was significantly higher than that of the global market in the same period. compound growth rate.

Under this background, domestic analog chip design companies are developing rapidly, and domestic companies represented by Diao Microelectronics have also achieved rapid growth in operating income and increasing profitability.