Sai Microelectronics: the production capacity of MEMS process and wafer foundry has been tight, and the order waiting time is long.

Published: Jul 14, 2021 13:57 (GMT+8)

On July 13, Saiwei Electronics accepted a survey of institutions, according to which it said that the company will actively grasp the market demand and strive to become a well-known semiconductor enterprise group based on local and international development.

According to Sai Microelectronics, in recent years, facing the era of the Internet of everything and artificial intelligence, Sai Microelectronics has formed a business pattern with semiconductors as the core, and MEMS and GaN have become strategic businesses at different stages of development and focusing on development. At the same time, the company carries out investment layout around related industries and serves the main business. Based on the advanced 8-inch production capacity of the industry's top expert engineers, mature processes and the continuous expansion of the MEMS field.

Sai Wei Electronics actively grasps the market demand and provides global customers with high-standard MEMS process development and wafer manufacturing services; at the same time, based on the industry's top technical team and excellent product performance, actively and rapidly layout GaN industry chain, and provide GaN (gallium nitride) epitaxial materials, GaN devices and supporting application solutions for new power supply, intelligent home appliances, communication equipment, data center and other fields. Sai Microelectronics implements the long-term development strategy and is committed to becoming a well-known semiconductor technology enterprise group based on local and international development.

Sai Microelectronics said: "since the completion of the merger and acquisition, the company has actively supported the upgrading of the Swedish production line and continued production expansion. The Swedish production line made a capital investment of more than 300 million yuan from 2017 to 2020. in September 2020, the original 6-inch production line (FAB1) was upgraded to an 8-inch production line, and the original 8-inch production line (FAB2) has also completed production expansion, increasing the total MEMS wafer production capacity to the level of 7000 wafers per month. The production capacity has continued to increase by 30% from the end of 2019, and capital investment is still continuing due to the needs of key customers.

According to the introduction, the comprehensive gross profit margin of the company's Swedish production line MEMES business in 2020 is close to 50%, and the net profit rate is close to 30%, which is expected to remain at a high level now and in the future. Because Beijing MEMS production line is a new production line, there is a great pressure of depreciation and amortization, and it is expected that wafer manufacturing business will account for a large proportion of the income structure, and the product structure of income will also be different from that of Sweden, so the gross profit margin and net profit margin of Beijing FAB3 production line at the initial stage of operation will be lower than that of Sweden production line. As the volume grows, the overall gross margin of the company's MEMS business is expected to decline (but can still maintain the normal level of the chip contract manufacturing industry).

The company also said that in recent years, the company's MEMS process development and wafer foundry production capacity has been relatively tight, and the order waiting time is longer. From the calculation results of the wafer unit price, the increase in the wafer price in recent years is sustained and rapid. The average selling price of the company's MEMS wafers from 2017 to 2020 is about $1700 / chip, $1800 / chip, $2200 / chip and $2700 / chip, respectively. Among them, the unit price of process development wafers is much higher than that of wafer manufacturing, with an average price of about US $5500 per piece in 2020, and some products can exceed US $10, 000 per piece.

According to the product category, the average selling price of consumer electronics MEMS wafers is lower, while that of biomedical MEMS wafers is higher, but there are different distributions among different types of wafers. Like the Swedish production line, the Wafer price of the Beijing production line varies greatly from category to category. At the same time, the price of the product in the wafer manufacturing (mass production) stage is generally lower than that in the process development (pilot) stage.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Aterian reports higher Rwanda 3T ore sales; trading margins remain estimates
21 hours ago
Aterian reports higher Rwanda 3T ore sales; trading margins remain estimates
Read More
Aterian reports higher Rwanda 3T ore sales; trading margins remain estimates
Aterian reports higher Rwanda 3T ore sales; trading margins remain estimates
[SMM Tantalum Flash] Aterian’s interim results, released on 30 September, show £1.341 million of Tantalum and other ore-sales revenue for the six months to 30 June 2026, up from £20,000 a year earlier. Gross profit was £522,000, while the group recorded a £568,000 pre-tax loss. Its Rwanda trading business deployed about US$2.18 million in working capital through joint-venture purchases. Management valued potential sales from those purchases at US$2.78 million, but cautioned that the notional valuation is not additional recognised revenue. The implied US$602,000 gross trading profit is also a management estimate, dependent on completed sales, assays, realised prices, costs and the joint venture’s profit allocation. Aterian said traceability inspections limited suppliers and volumes. It held £131,000 in cash at 30 June; its expectation of expanding trading volumes from the fourth quarter still depends on execution and funding.
21 hours ago
Tusker’s Malawi sampling points to ilmenite dominance
21 hours ago
Tusker’s Malawi sampling points to ilmenite dominance
Read More
Tusker’s Malawi sampling points to ilmenite dominance
Tusker’s Malawi sampling points to ilmenite dominance
[SMM Titanium Flash] Tusker Minerals reported on 30 September that follow-up sampling at its Mzimba project in northern Malawi had changed its geological interpretation. Magnetic titanium exceeded calculated rutile-equivalent in 112 of 149 regional soil samples, pointing to an ilmenite-dominant system with localised rutile. Thirty-three shallow pit-channel samples did not show high-grade rutile persisting with depth. Tusker said the results do not support an immediate rutile-focused drilling programme on the Phase 1 anomalies. The result weakens the specific premium-rutile exploration case suggested by earlier selected samples. It does not establish a mineral resource or show that ilmenite could be mined profitably. Tusker will reassess its geological model before deciding on further Mzimba work; its near-term capital and technical focus remains on Cameroon. The mineral mix and grade continuity still need to be established before the project’s feedstock potential can be assessed.
21 hours ago
【Flash | Coherent’s PhotonLink Sets the Stage for a Commercial Indium Phosphide (InP) Ramp】
23 hours ago
【Flash | Coherent’s PhotonLink Sets the Stage for a Commercial Indium Phosphide (InP) Ramp】
Read More
【Flash | Coherent’s PhotonLink Sets the Stage for a Commercial Indium Phosphide (InP) Ramp】
【Flash | Coherent’s PhotonLink Sets the Stage for a Commercial Indium Phosphide (InP) Ramp】
Coherent launched PhotonLink, an integrated optics platform for AI infrastructure incorporating Indium Phosphide (InP) lasers, silicon photonics, detectors and optical modules. The company disclosed more than 10 CPO engagements, over 10 NPO engagements and more than five chip-to-chip connectivity projects, with anchor customers and long-term agreements secured for both CPO and NPO. Revenue is expected to begin ramping in Q4 2026. Coherent has shipped over 300 million InP lasers and is expanding its 6-inch InP manufacturing capacity to support the ramp. The customer pipeline provides a clearer commercial demand signal for InP devices and upstream materials, although additional capacity and indium consumption were not disclosed.
23 hours ago