1. Quanzhi Technology is one of the top ten chip design companies in China in 2018
The remaining several include Huiting (market value 100 billion), Zhaoyi (60 billion), Shengbang (25 billion), Shilanwei (25 billion), Purple light, etc., the market value of whole Zhi 9 billion, a typical ugly duckling.
2, Full Zhi chip (R328, etc.) is the largest smart speaker chip shipped in China,
It is the main chip provider of Xiaomi speakers, Baidu speakers and Jingdong speakers.
3, the whole Zhi chip T7 is the first domestic car-scale SOC chip, launched in 2018, support ADAS, DMS multi-functional integration of intelligent driving, currently accounts for more than 50% of the domestic back-end market of intelligent cockpit.
4, further in the field of car networking, Zhizhi and AI head company ~ Horizon has a strategic cooperation, horizon provides algorithms, Zhizhi provides computing power, is expected to occupy a leading position in intelligent driving AI chips.
5, Full Zhi ADC chip, with the advantage of low power consumption, is a Huawei smart watch voice wake-up function chip. Many scenarios of wearable products require low-power voice wake-up chips.
6, the whole voice chip (such as R16)
In the white goods of Gree, Midea, Haier, Changhong, etc., it is the \"intelligent core\" of smart home, and it is also a high-quality low-cost AI solution for speech recognition of the Internet of Things (IOT) in the future.
7, Full Zhi's chip MR133, which is adopted by millet's Mi Jia sweeping robot, is the computing power provider of service robots.
8, full video codec chip
Widely used in set-top boxes, action cameras, etc., downstream millet box, Ali box, Skyworth and overseas Android series customers.
9, the whole X series chip
The B300 is used for the quad-core integrated EINK driven SOC (e-book), the MR100 is used for the UAV and scanner processor (Skyeye development board, brushless UAV), the VR9 is used for the VR video all-in-one, and the S3 is used for the highly integrated dual 1080P coding processor (dashcam), etc.
10. Chi was once the largest processor chip maker for tablet computers
In 2012, Android tablet processor shipments for two consecutive years ranked first in the world, accounting for half of the global market, sales of 1 billion, profit of 500 million, when the limelight was no two.
11, so far, the whole strategy has changed significantly
From the original bet a gold, to the present Kowloon water, perfect, widely used in intelligent hardware (speakers), smart home appliances, car networking, robots, virtual reality, network set-top boxes, tablet computers and power simulation, wireless communication, Internet of Things and other fields. Its intention is obvious, waiting for a certain downstream consumer field to appear explosive chips, in one fell swoop to achieve 1 billion 2 billion sales, generating 500 billion billion profits, comparable to the Hui top under the screen fingerprint chip effect.
12, in addition to SOC chips, the second largest chip business is power management chips (accounting for less than one-fifth of revenue)
In fact, there is a benchmark: Saint Bond shares, half of Saint Bond's business is power management chips. To make a comparison of revenue and gross profit: 200 million vs 300 million in 2017, 240 million vs 340 million in 2018 (gross margin 47% vs 42%), and 100 million vs 200 million in 2019 H1 (gross margin 48% vs 36%). Well, the business volume of power management chips is half of Saint Bond, but the market value of whole Zhi is only 1\/3 of Saint Bond, excluding SOC chip business.
Full Zhi is to do chips, must have production to prove themselves
How many chips did it make? 190 million in 2018, 120 million in 2017, an increase of 60%, that 2019 at least more than 200 million. The previous data is that in 2014\/2015\/2016, the chip production is about 120 million. In other words, the whole Zhi has made 1 billion chips, which should not be a small number.
14. The research and development cost of the whole Chi
2013\/2014\/2015 are more than 200 million, 2016\/2017\/2018 are more than 300 million, accounting for 25% of the revenue, the total number of 700 technical personnel 500, is a scientific and technological investment, not sales expansion companies.
15. Quan Zhi's shareholding structure is bizarre.
The first 7 founders total 48%, the highest is the chairman of the board only 9.29%, did not sign a concerted action, no real control. In other words, if a large fund spends $1 billion to buy a 10% stake, it is the largest single shareholder. If you sign a concerted action, you can exceed 30% and become the actual controller, which is a good deal. Of course, now because there is no owner, the founders often reduce each other to improve their lives, millions of shares, interfering with the stock price, we have to understand.
16, the whole asset financial data is very strange.
In the third quarter of this year, the total assets of 2.5 billion, cash accounted for 1.7 billion (1.4 billion at the beginning of the year), receivables only 50 million (no receivables), inventory 400 million, fixed assets intangible assets 250 million (light assets); The loan is only $100 million. In other words, the company has $1.7 billion in cash, so what's not to buy? There are so many hot AI, 5G chip small companies. In other words, if the big fund spent 1 billion to buy 10% of the whole Chi equity, it \"controls\" the whole Chi 1.7 billion cash, which is quite a good deal (laugh).
17. Finally, what is SOC chip (system on chip)?
That is, the CPU, GPU, storage, display, audio, video, lens, communication and other functions are all done on a chip to form an operable processor, provide computing power, and achieve various intelligentization. What Quan Zhi is single-minded to do is this SOC chip, which should be the top four and top five levels in China, and technology should have two brushes. His direction is to make the cost lower, to make the price lower, to provide a high cost performance, rather than high function and high computing power, so a little \"Huaqiang North\
Quanzhi Technology is one of the 18 chip design companies in China.