There are a large number of domestic compound semiconductor companies and the industry has entered a period of rapid growth.

Compound semiconductors refer to compounds that are formed from two or more elements in a determined atomic ratio and have semiconductor properties such as determined bandgap width and energy band structure. There are various types of compound semiconductor materials with different properties that have been discovered so far, mainly including Group III and V compounds such as gallium arsenide, gallium phosphide, etc., Group II and VI compounds such as cadmium sulfide, zinc sulfide, etc., and Group V compounds. Solid solutions composed of compounds and II-VI compounds such as gallium aluminum arsenic, gallium arsenic phosphorus, etc.

Common compound semiconductor materials mainly include gallium arsenide (GaAs), gallium nitride (GaN), and silicon carbide (SiC). As representative materials of the second and third generation semiconductors, they are widely used in high-power, high-density, and high-frequency applications. It has unique advantages in low energy consumption and high luminous efficiency, and can be widely used in high-tech fields such as photovoltaics, energy storage, optoelectronics, radio frequency electronics, 5G communications, new energy vehicles, optical fiber communication networks, national defense industry, rail transportation, aerospace and other high-tech fields. .

According to the “2023-2028 Compound Semiconductor Industry Market In-depth Research and Investment Prospects Forecast Analysis Report” released by the Industrial Research Center, radio frequency Devices, light-emitting diodes (LEDs), lasers, solar cells, sensors, etc. are the main downstream products of compound semiconductors. Currently, driven by the rapid development of downstream new energy vehicles, photovoltaics, energy storage and other markets, my country’s demand for compound semiconductors continues to increase, and the industry has gradually entered a period of rapid growth. In 2022, the scale of my country’s compound semiconductor market will exceed 70 billion yuan, and the market shows good development prospects.

Compound semiconductors have higher performance and wider application prospects, and have become a new hot spot in the semiconductor industry. Domestic companies are entering the compound semiconductor market one after another, mainly including Microguide Nano, Yuanjie Technology, Xingu Micro, Xinlei Technology, Sanan Optoelectronics, Century Jinguang, Tianke Heda, Northern Huachuang, Shuoke Zhongkexin, Zhike Micro-semiconductor, etc., there are many companies. At present, my country’s compound semiconductor industry has a certain manufacturing capacity and market share, and the industry is showing a rapid development trend.

But at the same time, the development of the domestic compound semiconductor industry is still facing difficulties such as greater technical difficulties, a blocked upstream and downstream industrial chain and lack of effective integration, and high prices and difficult market promotion. In the future, domestic compound semiconductor companies will need to continue to improve their independent research and development capabilities and increase technological research efforts, so as to continue to break down development barriers.

Industry analysts said that compound semiconductors are a new type of semiconductor materials with higher performance and more It has broad application prospects and has been widely used in high-tech fields such as new energy vehicles, optoelectronics, communications, photovoltaics, and energy storage. The industry has entered a period of rapid growth. But at the same time, the development of the domestic compound semiconductor industry is still facing many difficulties. In the future, local companies will continue to overcome challenges, improve independent research and development capabilities and increase marketing efforts. The industry has broad development prospects.