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中国晶圆代工趁势崛起!中芯、华虹、晶合集成挤进全球前10

2026-10-28 03:57:46 网络 阅读(96)

人工智慧(AI)热潮让台积电 (2330-TW) 、三星电子 (KR005930) 全力冲刺先进制程,却也让出了成熟制程的广大市场,中国晶圆代工业者趁势崛起,中芯国际 (00981-HK) 、华虹宏力 (01347-HK) 、晶合集成 (688249-CN) 三家业者同步挤进全球晶圆代工营收前十名。

中国晶圆代工趁势崛起!中芯、华虹、晶合集成挤进全球前10

随着生成式 AI 带动高阶运算晶片需求爆发,全球晶圆代工版图正出现明显分流:龙头厂商将资源全数押注先进制程,成熟制程产能则陆续释出,这道产业裂缝,意外成了中国晶圆厂快速壮大的契机。

市调机构 TrendForce 最新公布的 2026 年第一季全球晶圆代工营收排名显示,台积电单季营收突破 358 亿美元,市占率一举冲上 72.3%,较前一季再增 6.3 个百分点,先进制程的话语权几乎无人能撼动。

不过在前十大排行中,中国业者的表现同样抢眼。中芯国际紧追三星之后,排名全球第三,是中国企业当中少数同时具备先进制程与大规模成熟制程量能的厂商。

华虹则凭借多年累积的成熟制程实力,位居第六;成立仅十余年、专攻成熟制程的合肥晶合集成,也一路冲进第八名。

分析指出,三家中国厂商同时入榜前十,象征中国成熟制程代工产业已具备一定规模与体系。

大厂退出 8 吋战场,缺口全落到中国厂商身上

这波洗牌的根源,在于台积电、三星等国际大厂评估后认为,8 吋成熟制程晶圆的投资报酬率远不及 12 吋先进制程产品。

12 吋晶圆有效面积是 8 吋的 2.25 倍,加上自动化程度与生产效率更高,单位成本明显较低。于是两大龙头陆续传出缩减甚至关闭 8 吋产线的计划,将资源全数转往高附加价值的先进制程领域。

问题是,电源管理晶片、面板驱动 IC、感测元件、功率元件等大量应用仍仰赖成熟制程生产,国际大厂一旦退场,订单缺口几乎全数转单到中国晶圆厂,替中国厂商打开了难得的成长空间。

根据国际半导体产业协会(SEMI)预估,2026 年全球 8 吋晶圆月产能上看 770 万片,其中中国业者就占了 170 余万片,全球市占约 22%,俨然已成为全球成熟制程晶片最主要的供应基地。

值得注意的是,中国半导体业近年在 7 奈米、5 奈米等先进制程领域,因美国出口管制而发展受限。

业界人士分析,正是这样的技术壁垒,反而让中国厂商更专注深耕成熟制程,将资源集中投入 90 奈米至 55 奈米区间的产能扩充与制程优化,并在电源管理、面板驱动、车用电子、工业感测等应用领域站稳脚步,逐步填补全球市场的供给缺口。

以晶合集成为例,该公司主力产品锁定 90 奈米、110 奈米、150 奈米制程,其中 90 奈米制程贡献超过 40% 营收,55 奈米以下的精进制程比重也逐步攀升至 10% 左右,出货量已跻身全球成熟制程厂商前段班。

成本优势成关键:设备早已折旧完毕

除了产能规模,成本控制能力也是中国成熟制程产业的一大利器。

相较于近年才切入成熟制程市场的海外业者,中国多数头部晶圆厂设备已完成折旧,不必背负沉重的摊提成本。

再加上本地供应链完整、工程师人力充足、产线规模化程度高,整体生产成本明显低于海外对手,价格竞争力难以被复制。

业界也指出,晶圆代工建厂门槛极高,曝光机、蚀刻机、薄膜沉积设备等核心资本支出庞大, 加上百万级无尘室与专业制程团队缺一不可。

日媒引述美国半导体产业协会数据指出,2015 至 2023 年,中国半导体代工企业设备投资额占营收比重远超海外同行,国内企业设备投入较营收高出 12%,而海外企业设备投入仅占营收的 33%。

目前中国半导体产业已形成「8 吋满载、12 吋扩产」的双轨格局。中芯国际与华虹凭借多年累积的 8 吋产线维持高稼动率,晶合集成等新兴业者则积极布局 12 吋成熟制程产线,朝高阶成熟晶片量产迈进。

观察全球晶圆代工市场,先进制程领域由台积电、三星形成寡占格局,短期内难有变数;但成熟制程的竞争态势才刚刚展开。

随着中国业者持续扩产、压低成本,全球成熟制程晶片供应链的主导权,正悄悄向中国倾斜,也让国际同业的市场空间面临进一步压缩。

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    "content": "<p>人工智慧(AI)热潮让台积电 (<a data-symbol-template=\"TWS:2330:STOCK:COMMON\" href=\"#\">2330-TW</a>) 、三星电子 (<a data-symbol-template=\"GF:KR005930:FUTURES:FUTURES_FOREX\" href=\"#\">KR005930</a>) 全力冲刺先进制程,却也让出了成熟制程的广大市场,中国晶圆代工业者趁势崛起,中芯国际 (<a data-symbol-template=\"HKS:00981:STOCK:COMMON\" href=\"#\">00981-HK</a>) 、华虹宏力 (<a data-symbol-template=\"HKS:01347:STOCK:COMMON\" href=\"#\">01347-HK</a>) 、晶合集成 (<a data-symbol-template=\"CNS:688249:STOCK:COMMON\" href=\"#\">688249-CN</a>) 三家业者同步挤进全球晶圆代工营收前十名。</p>\n<p style=\"text-align:center;\"><img src=\"https://cimg.cnyes.cool/prod/news/6566743/l/d8c952e9fd344717eea006b79f1c4887.jpg\" alt=\"中国晶圆代工趁势崛起!中芯、华虹、晶合集成挤进全球前10\" style=\"width:50%;height:auto;border-radius:6px;margin:15px auto;display:block;\"></p>\n\n\n<p>随着生成式 AI 带动高阶运算晶片需求爆发,全球晶圆代工版图正出现明显分流:龙头厂商将资源全数押注先进制程,成熟制程产能则陆续释出,这道产业裂缝,意外成了中国晶圆厂快速壮大的契机。</p>\n\n<p>市调机构 TrendForce 最新公布的 2026 年第一季全球晶圆代工营收排名显示,台积电单季营收突破 358 亿美元,市占率一举冲上 72.3%,较前一季再增 6.3 个百分点,先进制程的话语权几乎无人能撼动。</p>\n\n<p>不过在前十大排行中,中国业者的表现同样抢眼。中芯国际紧追三星之后,排名全球第三,是中国企业当中少数同时具备先进制程与大规模成熟制程量能的厂商。</p>\n\n<p>华虹则凭借多年累积的成熟制程实力,位居第六;成立仅十余年、专攻成熟制程的合肥晶合集成,也一路冲进第八名。</p>\n\n<p>分析指出,三家中国厂商同时入榜前十,象征中国成熟制程代工产业已具备一定规模与体系。</p>\n\n<h6>大厂退出 8 吋战场,缺口全落到中国厂商身上</h6>\n\n<p>这波洗牌的根源,在于台积电、三星等国际大厂评估后认为,8 吋成熟制程晶圆的投资报酬率远不及 12 吋先进制程产品。</p>\n\n<p>12 吋晶圆有效面积是 8 吋的 2.25 倍,加上自动化程度与生产效率更高,单位成本明显较低。于是两大龙头陆续传出缩减甚至关闭 8 吋产线的计划,将资源全数转往高附加价值的先进制程领域。</p>\n\n<p>问题是,电源管理晶片、面板驱动 IC、感测元件、功率元件等大量应用仍仰赖成熟制程生产,国际大厂一旦退场,订单缺口几乎全数转单到中国晶圆厂,替中国厂商打开了难得的成长空间。</p>\n\n<p>根据国际半导体产业协会(SEMI)预估,2026 年全球 8 吋晶圆月产能上看 770 万片,其中中国业者就占了 170 余万片,全球市占约 22%,俨然已成为全球成熟制程晶片最主要的供应基地。</p>\n\n<p>值得注意的是,中国半导体业近年在 7 奈米、5 奈米等先进制程领域,因美国出口管制而发展受限。</p>\n\n<p>业界人士分析,正是这样的技术壁垒,反而让中国厂商更专注深耕成熟制程,将资源集中投入 90 奈米至 55 奈米区间的产能扩充与制程优化,并在电源管理、面板驱动、车用电子、工业感测等应用领域站稳脚步,逐步填补全球市场的供给缺口。</p>\n\n<p>以晶合集成为例,该公司主力产品锁定 90 奈米、110 奈米、150 奈米制程,其中 90 奈米制程贡献超过 40% 营收,55 奈米以下的精进制程比重也逐步攀升至 10% 左右,出货量已跻身全球成熟制程厂商前段班。</p>\n\n<h6>成本优势成关键:设备早已折旧完毕</h6>\n\n<p>除了产能规模,成本控制能力也是中国成熟制程产业的一大利器。</p>\n\n<p>相较于近年才切入成熟制程市场的海外业者,中国多数头部晶圆厂设备已完成折旧,不必背负沉重的摊提成本。</p>\n\n<p>再加上本地供应链完整、工程师人力充足、产线规模化程度高,整体生产成本明显低于海外对手,价格竞争力难以被复制。</p>\n\n<p>业界也指出,晶圆代工建厂门槛极高,曝光机、蚀刻机、薄膜沉积设备等核心资本支出庞大, 加上百万级无尘室与专业制程团队缺一不可。</p>\n\n<p>日媒引述美国半导体产业协会数据指出,2015 至 2023 年,中国半导体代工企业设备投资额占营收比重远超海外同行,国内企业设备投入较营收高出 12%,而海外企业设备投入仅占营收的 33%。</p>\n\n<p>目前中国半导体产业已形成「8 吋满载、12 吋扩产」的双轨格局。中芯国际与华虹凭借多年累积的 8 吋产线维持高稼动率,晶合集成等新兴业者则积极布局 12 吋成熟制程产线,朝高阶成熟晶片量产迈进。</p>\n\n<p>观察全球晶圆代工市场,先进制程领域由台积电、三星形成寡占格局,短期内难有变数;但成熟制程的竞争态势才刚刚展开。</p>\n\n<p>随着中国业者持续扩产、压低成本,全球成熟制程晶片供应链的主导权,正悄悄向中国倾斜,也让国际同业的市场空间面临进一步压缩。</p>\n<div class=\"related-articles seo-links\">\n  <h4>相关阅读</h4>\n  <ul>\n    <li><a href=\"/new/AI/article-12888.html\" title=\"宇树科技连跌5日 股价几乎腰斩 市值蒸发2,056亿\">宇树科技连跌5日 股价几乎腰斩 市值蒸发2,056亿</a></li>\n    <li><a href=\"/new/AI/article-279.html\" title=\"机器人还无法取代人类?Figure AI人形机器人F.03分拣包裹输给实习生\">机器人还无法取代人类?Figure AI人形机器人F.03分拣包裹输给实习生</a></li>\n    <li><a href=\"/new/AI/article-18224.html\" title=\"Muse引爆「主动式电商」AI代理人恐重塑Airbnb、Amazon商业模式\">Muse引爆「主动式电商」AI代理人恐重塑Airbnb、Amazon商业模式</a></li>\n    <li><a href=\"/new/AI/article-2221.html\" title=\"占领华尔街2.0将至?今年来近15万人因AI失业 数千人却暴富 科技业让社会张力逼近临界点\">占领华尔街2.0将至?今年来近15万人因AI失业 数千人却暴富 科技业让社会张力逼近临界点</a></li>\n    <li><a href=\"/new/AI/article-21196.html\" title=\"美光震荡收黑 AI投资疑虑升温、韩国新股惨跌与桃园罢工添压力\">美光震荡收黑 AI投资疑虑升温、韩国新股惨跌与桃园罢工添压力</a></li>\n    <li><a href=\"/new/AI/article-9280.html\" title=\"AI算力狂潮助记忆体进入卖方市场!美银:三星长协「限跌不限涨」现货价格Q4前持续反弹\">AI算力狂潮助记忆体进入卖方市场!美银:三星长协「限跌不限涨」现货价格Q4前持续反弹</a></li>\n  </ul>\n</div>",
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    "createdAt": "2026-08-09T12:10:03.000Z",
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