According to news on December 31, BYD semiconductor’s market manager Sun Yunshuai revealed at the 3rd Hardcore China Core Leadership Summit and Automotive Chip Technology Innovation and Application Forum that at present, BYD Semiconductor’s IGBT 5.0 technology based on high-density Trench FS has been released. Realize mass production. This technology uses a micro-trench structure and composite field termination technology to achieve ultra-low conduction loss and switching loss, and due to the extremely tuned composite field termination technology, soft turn-off is achieved.
It is understood that BYD Semiconductor is a well-known leading company in automotive-grade semiconductors in China. Its predecessor was the Automotive Semiconductor Division of BYD components in 2003. In 2004, BYD Semiconductor Division was formally registered and established under the name of BYD Microelectronics. In 2005, BYD Semiconductor started its component IGBT R&D team and officially deployed the IGBT industry. Today, BYD Semiconductor is currently the only domestic company with a complete IGBT industrial chain.
In the automotive field, BYD Semiconductor relies on its deep accumulation in the R&D and application of automotive-grade semiconductors, and continues to provide customers with leading automotive-grade semiconductor solutions. It is the first to manufacture and mass-produce IGBTs, SiC MOSFETs, IPMs, MCUs, and CMOS image sensors. A variety of automotive-grade semiconductor products are committed to breaking the downstream application bottleneck of domestic automotive-grade semiconductors, and assisting the independent, safe, controllable, and comprehensive and rapid development of my country’s automotive-grade semiconductor industry.
Strong strength, BYD Semiconductor wants to go public
It is worth mentioning that in October this year, BYD Co., Ltd. issued an announcement stating that the Hong Kong Stock Exchange had agreed to spin off its subsidiary BYD Semiconductor Co., Ltd. and list it on the Shenzhen Stock Exchange’s GEM.
At present, the domestic new energy vehicle industry market is still developing rapidly. In 2025, China’s new energy vehicle sales will reach 6.54 million, with a penetration rate of 21%. Benefiting from the development of the new energy industry, it is expected that by 2025, automotive power semiconductors The market size can reach 16.4 billion U.S. dollars.
The core products of BYD Semiconductor are automotive-grade power semiconductor devices such as IGBTs, SiC MOSFETs, IPMs, MCUs, and CMOS image sensors.
According to public data, BYD Semiconductor’s total revenue in 2020 will be 1.441 billion yuan, of which power semiconductor revenue accounted for the largest proportion, with operating revenue of 461 million yuan, accounting for 32% of total revenue. At present, BYD Semiconductor It has entered the supply system of Kang Auto, Yutong Auto, Foton Motor, Beijing Times, INVT, Lanhai Huateng, Inovance Technology and other manufacturers, but the main revenue still comes from BYD Group.
At present, BYD Semiconductor has sufficient production capacity for power semiconductor devices, and sales continue to grow. In the first half of 2021, BYD’s power semiconductor device production capacity was 1.3 million, the output was 1.1052 million, the capacity utilization rate reached 85.02%, and the production-sales ratio was 99.88%.
According to statistics from Omdia, in the automotive-grade IGBT market, BYD Semiconductor has a strong IDM strength in the entire industry chain. It currently ranks first in China and top three in the world, with a market share of 19%. The domestic market is second only to INFINAIR. Ling.
In addition, on December 23 this year, BYD Semiconductor’s first 8-inch high-power chip production line in Shandong has completed the full-line equipment debugging and successfully achieved mass production. The chip product has completely independent independent intellectual property rights and has reached the international advanced level.
IGBT is still the core power device of new energy vehicles
IGBT, the full name is “Insulated Gate Bipolar Transistor”, is a composite fully controlled voltage-driven power semiconductor device composed of Bipolar Transistor (BJT) and Insulated Gate Field Effect Transistor (MOS). It also has BJT The advantages of low on-voltage, large on-state current, and high switching speed of MOS, low control power.
As the core device for energy conversion and transmission, IGBT has the properties of high efficiency, energy saving, high voltage, high current, high frequency and easy switching. It is suitable for various application scenarios that require AC and DC conversion and high and low voltage conversion, and can improve power efficiency And quality, it is widely used in consumer electronics (automotive electronics, household appliances, frequency conversion white goods) and industrial (rail transit, smart grid, transportation) fields.
For a long time, IGBT chips have been called the “Mount Everest” of the core technology of electric vehicles because of their high design threshold, difficult manufacturing technology, and large capital investment.
For new energy vehicles, IGBTs are mainly used in Electronic control systems to directly control the conversion of direct and alternating current in the drive system, which determines the torque and maximum output power of the vehicle. Vehicle-grade IGBTs directly affect the acceleration capability and top speed of new energy vehicles by determining the torque and maximum output power of the drive system.
It is understood that IGBTs account for about 80% of the power semiconductor devices used in new energy vehicles, accounting for 7% to 10% of the cost of the entire vehicle, and 20% of the cost of charging piles. In a new energy vehicle, if the front and rear dual motors, on-board charger and electric air conditioner are all equipped with IGBT chips, then a vehicle will need 48 IGBT chips.
Domestic power semiconductor manufacturers make efforts to seize the IGBT market
According to the latest data from the China Automobile Association, as of the end of 2020, the cumulative domestic production of new energy vehicles reached 1.36 million, a year-on-year increase of 7.5%. As the core components of new energy vehicles, the demand for IGBT has also benefited from this. In 2020, the domestic market for new energy vehicles and charging piles will drive the demand for nearly 20 billion IGBT modules.
At the same time, China is the world’s largest IGBT market, and power semiconductors account for more than 50% of the world market. However, compared with the huge market, the market share of domestic IGBT companies is clearly behind that of large foreign-funded multinational companies. At present, 90% of the domestic mid-to-high-end MOSFET and IGBT mainstream device markets mainly rely on imports, which are basically monopolized by foreign, European, American, and Japanese companies.
In the domestic automotive-grade IGBT market, Infineon has an absolute monopoly, with a market share of 58.2%. Compared with the 33% market share in 2016, its market position has been further improved.
However, with the development of the domestic new energy industry, the country is also paying more and more attention to the development of the IGBT industry, which is the core component of new energy vehicles. The Fourth Five-Year Plan for National Informatization.
The “Fourteenth Five-Year” National Informatization Plan clearly pointed out that it is necessary to accelerate the research on key technologies of integrated circuits. Promote innovations in computing chips and memory chips, accelerate the research and development of key materials such as integrated circuit design tools, key equipment and high-purity targets, and promote breakthroughs in characteristic processes such as insulated gate bipolar transistors (IGBT) and microelectromechanical systems (MEMS).
While the country has made clear the development trend, many domestic power semiconductor companies have also begun to make efforts to regain their market share in the domestic IGBT field.
Star Semiconductor is the largest third-party IGBT manufacturer in China and the power semiconductor company that has entered the most mainstream OEMs. On September 24, Star Semiconductor announced that the fixed increase has been approved by the Issuing Examination Committee and will raise 3.5 billion yuan for the development and production of IGBT chips and SiC chips. It is expected that the production capacity of 6-inch IGBTs will be 300,000 pieces/year, and the production capacity of 6-inch SiC chips will be 60,000 pieces/year.
Silan Micro is currently one of the few IDM-mode semiconductor product companies in China. In the field of IGBTs, Silan Micro’s integrated circuit chip production line in Hangzhou Qiantang New District currently has an actual monthly output of 220,000 pieces, ranking second in the world in the production capacity of chips less than or equal to 6 inches, and its 8-inch production line capacity 60,000 pieces/month; 12-inch production capacity is being expanded, and it is expected to reach 35,000-40,000 pieces/month by the end of 2021, and a 12-inch line is about to achieve mass production.
Through years of technology accumulation, BYD Semiconductor has caught up with the international level in the IGBT field and has grown to become the second largest company in China’s IGBT market with a market share of 19%.
Compared with other types of automotive-grade semiconductor devices, the power semiconductors that domestic chip manufacturers are self-developing are not restricted by the advanced manufacturing process of foundry technology. From a technical perspective, the products provided by domestic automotive-grade power device manufacturers have reached the international mainstream level.
However, because car manufacturers trust the original supply chain system more, domestic chip manufacturers generally face the problem of trust in downstream car manufacturers. Although domestic power device manufacturers have made achievements in the IGBT field, they still need to gain more market share. Continue to work hard to improve our own technical level and win the trust of car manufacturers.