WiMi Hologram Cloud Inc (WIMI)

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The semiconductor industry continues to grow, and WIMI has strategically invested in high-quality semiconductor companies

source
https://min.news/en/economy/a5057dc05ef667250731d8187f8de249.html

2022-03-22 16:56 HKT

According to the latest report from IC Insight, after the global semiconductor industry capital expenditure soared by 36% in 2021, the capital expenditure of the semiconductor industry is expected to increase by 24% in 2022, reaching a record high of 190.4 billion US dollars, an increase of 86% from 2019 and almost doubled. times. In addition, if capital spending grows ≥10% by 2022, this marks another three consecutive years of double-digit growth in semiconductor industry spending since the first three years of double-digit growth in semiconductor industry spending from 1993 to 1995 .

With many supply chains strained or disrupted during the pandemic, the electronics industry is in many cases unprepared for the current rebound in demand. Robust demand has pushed most manufacturing facilities to well above 90% utilisation, with many semiconductor foundries now operating at 100% utilisation. With such strong utilization and expectations of continued high demand, combined semiconductor industry capital spending is expected to reach $344.3 billion in 2021 and 2022.

With the rapid development of the smart electronics industry and the transformation and upgrading of the digital economy, semiconductors have become the core carrier of many new technologies and application scenarios.

It is understood that Shenzhen Hanzhengyuan Technology Co., Ltd., which has previously obtained the strategic investment of the first AR holographic WIMI Hologram (WIMI.US), is also a company specializing in the research and development, sales and A technology enterprise integrating technology services. In the wave of rapid development of the industry, Hanzhengyuan is also growing rapidly. At present, the company's leading products mainly include four series of more than 20 varieties of laser application equipment, laboratory equipment, machine vision equipment and electronic measuring equipment.

Strategic investment in Hanzhengyuan Technology is also a strategic need for WIMI to expand in the semiconductor industry. In the future, WIMI will cooperate closely with Hanzhengyuan to jointly promote the further optimization of the semiconductor industry chain.

According to public information, WIMI's own semiconductor business has achieved good development results. Its operating income in the first half of 2021 increased by about 202.2% year-on-year, of which the semiconductor business revenue was about 42.42 million US dollars, accounting for more than 42.42 million US dollars of its total business volume. half. In addition to Hanzhengyuan, WIMI has also strategically invested in a number of domestic high-quality semiconductor/AR/VR companies, and has established important partnerships with them in terms of semiconductor/AR/VR hardware equipment, software platform development, and market expansion. cooperating.