Use wechat scan QR code to share with friends and circle of friends < / P > < p > [Wen / observer net editor / Zhou Yuanyuan] < / P > < p > a few days ago, according to a price increase notice sent by the Internet, BYD semiconductor sent a notice to customers that the company decided to adjust the price of IPM (intelligent power module) and IGBT (a kind of power semiconductor device) from July 1, 2021, The increase rate shall not be less than 5% < p > observer contacted the Secretary Office of BYD semiconductor on this matter today, and the other side said: the price increase letter is true, but it is also a normal phenomenon in the industry at present < p > BYD semiconductor said in the notice letter that due to market changes, upstream production capacity tension and supplier price increase, product costs continue to rise, and the original price is difficult to meet supply demand. In order to ensure the continuous supply of the products, the company decided to increase the price of the above products after considering at its own discretion. From now on, the in transit and outstanding orders will be executed according to the new price The global chip shortage has started since the second half of last year, and there has been no sign of easing, or even growing. In this context, the large manufacturers in the consumer electronics industry and the automobile industry are actively preparing goods, which leads to the shortage of the production capacity of the wafer foundry, and the rising price tide also follows According to Taiwan's economic daily, many Fabs on the island have decided to raise their prices by another 30% in the third quarter. Compared with the average price increase of 15% in the first and second quarters of this year, in the traditional peak season of the third quarter, they are more willing to raise their prices, and this price increase will continue. The market believes that the 30% price increase has exceeded expectations < p > not only that, according to the market report of Fuchang electronics in the second quarter of 2021, almost all chip products in the world are facing different degrees of extended lead time and rising prices, and the power semiconductor field is no exception < p > among them, Infineon's general-purpose transistors, low-voltage MOSFET and IGBT products have the longest lead time of 52 weeks, and the lead time of high-voltage MOSFET products has also reached 26 to 40 weeks, showing an upward trend in price; In addition, the supply cycle of power semiconductor manufacturers, including Anson semiconductor, Mercosur semiconductor, Rom semiconductor and anser semiconductor, has reached 16 to 52 weeks for their IGBT, diode, transistor, low-voltage MOSFET, rectifier and many other products, while the normal supply cycle of these power semiconductors is about 8 weeks < p > Infineon's product prices rise across the board < / P > < p > foreign semiconductor giants have raised their prices one after another, and domestic manufacturers such as BYD semiconductor are also expected to raise their prices < p > on May 12 this year, BYD announced that it planned to split BYD semiconductor into Shenzhen Stock Exchange gem. After the completion of the spin off, the shareholding structure of BYD will not change due to the spin off, and will still maintain the control of BYD semiconductor < p > then on June 16, BYD announced again that the general meeting of shareholders voted to split BYD semiconductor into gem. According to the voting, 67.3162 million shares were approved, accounting for 99.26% of the A-share voting shares held by small and medium shareholders attending the meeting. < p > < p > according to the announcement of observer.com, BYD semiconductor was founded in October 2004, and currently holds 72.3% of the shares. Its main businesses are R & D and development of power semiconductor, intelligent control IC, intelligent sensor and optoelectronic semiconductor Production and sales; In the future, BYD semiconductor will take the vehicle specification semiconductor as the core, and simultaneously promote the semiconductor business development in industries, household appliances, new energy, consumer electronics and other fields < p > on April 14 last year, BYD microelectronics was renamed BYD semiconductor after its reorganization. On May 26, BYD semiconductor announced the completion of round a financing of 1.9 billion yuan, introducing strategic investors through capital increase and share expansion, led by Sequoia Capital, CICC capital and SDIC innovation; After 20 days, BYD semiconductor completed the a + round of financing again. The investors include SMIC international, Xiaomi group, Lenovo Group, SK group and other institutional enterprises. The two rounds of financing totaled 2.7 billion yuan, and 44 investors from more than 30 institutions were introduced. The valuation of BYD semiconductor also soared from 7.5 billion yuan before the two rounds of financing to 30 billion yuan < p > IGBT module structure diagram < / P > < p > it has been pointed out in the market that BYD semiconductor mainly makes IGBT (insulated gate bipolar transistor), which is equivalent to the CPU of automobile power system and adopts 45nm mature process, accounting for 7% - 10% of the cost of new energy vehicles, second only to batteries. BYD semiconductor can make IGBT manufacturing under its own control. At present, the company's products are mainly self-sufficient, that is, it can supply BYD automobile with expanded production capacity after it goes on the market, and it can provide other domestic customers with imagination < p > according to the report of foresight Industry Research Institute in December 2020, in terms of market share, China's power semiconductor market accounts for more than 50% of the world's total. However, in the mainstream market of medium and high-end MOSFET and IGBT devices, 90% of them mainly rely on imports and are basically monopolized by foreign enterprises in Europe, America and Japan < p > in the domestic IGBT Module Market of new energy vehicles, Infineon is in the leading position, with a market share of 58.2% in 2019, which is further consolidated compared with 33% in 2016; BYD semiconductor ranked second with 18% market share; The shares of domestic manufacturers star and CRRC times electric were 1.6% and 0.8% respectively < p > picture source: foresight Industry Research Institute < / P > < p > geographical distribution of domestic IGBT industry chain manufacturers picture source: Yushi capital < / P > < p > it should be noted that as a technology company focusing on R & D of automotive semiconductors, BYD semiconductor's net profit is still relatively low < p > from the perspective of financial data, BYD semiconductor achieved revenue of 1.34 billion yuan, 1.096 billion yuan and 1.441 billion yuan from 2018 to 2020; The net profit was 104 million yuan, 85.1149 million yuan and 58.6324 million yuan respectively; It has three subsidiaries: Ningbo BYD Semiconductor Co., Ltd., Guangdong BYD Energy Saving Technology Co., Ltd. and Changsha BYD Semiconductor Co., Ltd In addition, according to the unaudited financial data of BYD semiconductor, in 2020, the net profit of BYD semiconductor after deduction is 32 million yuan, and the net asset at the end of the year is 3.187 billion yuan. In the whole company, the net profit after deduction accounts for about 0.78%, and the net asset accounts for 4.05% < p > screenshot of BYD announcement < / P > < p > this article is the exclusive manuscript of observer.com and cannot be reproduced without authorization