Beidou Chip Successfully Entered The Era Of 28nm, Prying The Middle And Lower 100 Billion Market.

A microgrid message, the Beidou chip usually refers to a chip that can receive signals from the Beidou satellite to complete the positioning and navigation functions, including a RF chip, a baseband chip, and a microprocessor. The baseband chip is the core device of the navigation receiver. Its function and performance usually determine the performance index of the whole machine. Its main function is to complete the acquisition, tracking and data demodulation of the designated satellite signals, and give the measurement information of the pseudo range and carrier phase of the satellite signal.

Dongxing Securities pointed out that the advantages and disadvantages of the Beidou navigation chip largely determine the performance of the satellite navigation products. The chip technology is more directly related to the terminal volume, weight, cost and performance. It also directly affects the development of the downstream industry, and will develop towards integration, low power consumption, high precision, high dynamic and so on. Single chip integration is a single chip which combines RF chip, baseband chip and microprocessor, which can improve the performance and reliability of the product, reduce the volume, power and cost, and high precision and high dynamic will solve the heavy bottleneck restricting the large-scale application of the military and people of the Beidou satellite navigation system.

In February 2008, China's first autonomous development of a fully domestically made Beidou satellite navigation baseband processing chip, "pilot No. 1" was announced in Shanghai. Before this, the Beidou receiving terminal chips were all provided for American enterprises. In 2012, when Beidou two completed the Asia Pacific coverage, the application of the Beidou was very large Limited by the chip, organic coreless has once become a bottleneck in the development of the Beidou industry. After 5 years of development, the chip technology has been upgraded from 0.35 microns to 28 nanometers, and its overall performance is even better than that of international similar products.

With the gradual maturity of the Beidou chip technology and the acceleration of global networking, the Beidou industrial chain will be gradually mature, and the upper and lower reaches will show a more stable distribution structure of the industrial chain value of 1:4:5. In 2020, Dongxing securities is expected to stabilize the total output value of data, chips and modules in the entire industrial chain around 10%, with an output value of about 40 billion yuan. The system integration and terminal integrated output value of the middle reaches are about 40% in the whole industrial chain, and the quality of terminal products and users will have a great leap and the international competitiveness of the industry will be The output value of downstream operation services is expected to reach 50% of the total output value and the level of application services will also be greatly improved.