Visual Industry Guide
Image Sensors World Go to the original article...
PDF slides are also available here: https://www.onsemi.com/site/pdf/2023_Analyst_Day_Presentation.pdf
Image sensors-related slides start around #63.
Image Sensors World Go to the original article...
Original article (in Chinese): https://finance.eastmoney.com/a/202307032768592891.html
English translation using Google Translate:
In this IPO, Changguang Chenxin intends to raise 1.557 billion yuan to invest in machine visionSerialized CMOS image sensor in the fieldR&D and industrialization projects for scientific instruments, R&D and industrialization projects for serialized CMOS image sensors in the field of scientific instruments, R&D and industrialization projects for serialized CMOS image sensors in the field of professional imaging , serialized CMOS image sensors for medical imaging Sensor research and development and industrialization projects, high-end CMOS image sensor research and development center construction projects and supplementary working capital.
According to the prospectus, Changguang Chenxin focuses on the research and development, design, testing and sales of high-performance CMOS image sensors, as well as related customized services.
The company includes customers D, Teledyne, Vieworks, Adimec and other overseas manufacturers, Hikvision Robotics, Huarui Technology, Xintu Optoelectronics, Eco OptoelectronicsAnd other domestic manufacturers, as well as scientific research institutes such as the Changchun Institute of Optics and Mechanics of the Chinese Academy of Sciences, the Shanghai Institute of Technology of the Chinese Academy of Sciences, the Xi’an Institute of Optics and Mechanics of the Chinese Academy of Sciences, and the National Astronomical Observatory of the Chinese Academy of Sciences.
In terms of performance , from 2020 to 2022, the company's operating income will be 198 million yuan, 411 million yuan, and 604 million yuan; the net profit attributable to the parent during the same period will be 59.3872 million yuan, -33.1685 million yuan, and -83.1481 million yuan.
It is worth noting that Changguang Chenxin has overseas business risks. In the context of global cooperation in the integrated circuit supply chain, overseas procurement and overseas sales are an important part of the company's business activities. During the reporting period, the company's overseas procurement accounted for more than 80%, and overseas sales accounted for more than 30%.
In addition, the company also has a high proportion of inventory and the risk of falling prices. At the end of each reporting period, the book values of inventories were 80.1680 million yuan, 224 million yuan and 304 million yuan respectively, accounting for 23.59%, 40.94% and 29.05% of the total assets respectively, maintaining a relatively high level overall.
Image Sensors World Go to the original article...
Sony held its 2023 Business Segment meeting on May 24, 2023.
https://www.sony.com/en/SonyInfo/IR/library/presen/business_segment_meeting/
Slides from its image sensors division below. Sony has quite ambitious plans to touch 85% of the automotive vision sensing market (slide 10).
https://www.sony.com/en/SonyInfo/IR/library/presen/business_segment_meeting/pdf/2023/ISS_E.pdf
Image Sensors World Go to the original article...
Recent Will Semi report that includes some news about Omnivision (Howell): https://tech.ifeng.com/c/8MXij5vF1lP
It is worth noting that in December 2022, Howell Group, a subsidiary of Weir, issued an internal letter announcing cost control, with the goal of reducing costs by 20% by 2023.
In an internal letter, Howell Group said, "The current market situation is very serious. We are facing great market challenges, and prices, inventory and supply chains are under great pressure. Therefore, we must carry out cost control, with the goal of reducing costs by 20% by 2023.
In order to achieve this goal, Howell Group also announced: stop all recruitments and leave without substitutes; salary cuts for senior managers; stop work during the Spring Festival in all regions of the group; quarterly bonuses and any other form of bonuses will be discontinued; expenditure strictly controlled; and some R&D projects will also reduce NRE expenditure.
Howell Group said, "These measures are temporary, and we believe that business-level improvements will occur in the second half of next year, because we have a new product layout in the consumer market, while automobiles and emerging markets are rising steadily. We will reassess the situation at the end of the first quarter of next year (2023).
More related news from Counterpoint Research: : https://www.counterpointresearch.com/global-smartphone-cis-market-revenues-shipments-dip-2022/
Global Smartphone CIS Market Revenues, Shipments Dip in 2022
Compare Omnivision sales with its peers in this graphic:
Image Sensors World Go to the original article...
Link: https://semiengineering.com/startup-funding-december-2022/#SensorsImage Sensors World Go to the original article...
Optics.org news: https://optics.org/news/13/9/18
13 Sep 2022
Yole Intelligence says that Sony is looking to consolidate its leading position as the market begins a new growth cycle.
Analysts at Yole Intelligence, the France-based research market company, are predicting that the market for CMOS image sensors is about to begin a new phase of growth - and will be worth more than $31 billion by 2027.
If correct, it would represent a compound annual growth rate (CAGR) of nearly 7 per cent, with the sector recovering from a slump caused by US sanctions on Chinese vendors.
That rate of growth is expected to be propelled primarily by applications in smart phones - the largest single end market for the devices - as well as emerging use cases in the automotive sector and security imaging.
Solid growth
Yole says that the market for CMOS image sensors grew nearly 25 per cent in 2019 - with buyers partly responsible for creating a bubble as they stockpiled devices in advance of those sanctions taking effect.
In 2020 the rate of growth slowed to just over 7 per cent, before the combination of sanctions and supply-chain effects resulting from the Covid-19 pandemic saw growth drop to just 2.8 per cent in 2021.
However, a recovery appears to have begun in the closing quarter of 2021, which is said to have been the best ever in terms of CMOS image sensor production. The market ended up being worth $21.3 billion that year, thinks Yole.
“A new growth cycle is now expected, supported by opportunities in mobile and other markets such as automotive and security imaging,” stated the firm. “In the coming years the [CMOS image sensor] industry growth will at least match the general semiconductor [industry] growth rate, reaching $31.4 billion by 2027 with a 6.7 per cent CAGR.”
According to the analyst team’s figures, mobile phone applications accounted for $13.4 billion in sales in 2021, almost two-thirds of the total market for CMOS image sensors. That sub-sector is expected to grow at a CAGR of more than 6 per cent through 2027, reaching close to $20 billion.
Yole analyst Florian Domengie observed: “The [CMOS image sensor] ecosystem is still dominated by historical leaders. Sony, Samsung, OmniVision, and STMicroelectronics are all strong players in mobile and consumer markets.”
Market shares
The analyst firm’s figures indicate that Sony claimed the leading market share of 39 per cent in 2021, putting it ahead of Samsung (22 per cent), OmniVision (13 per cent), and STMicroelectronics (6 per cent).
However, that Sony figure is historically low, and the Japanese technology giant is now making efforts to increase it significantly.
“As a consequence of Covid-19 and the US Huawei ban, Sony’s market share faltered in 2021,” Yole explains. “That allowed its competitors to raise their game and play technology catch up.
“However, in June 2022, Sony confirmed its ambition to reclaim its market share, aiming at 60 per cent by 2025. This announcement should reinforce production capacity and research and development [spending] in the coming years.”
In its latest quarterly results announcement, Sony said that its sales of image sensors had been impacted by a slump in the Chinese smart phone sector, but added that it was expecting growing adoption of CMOS sensors with larger die sizes and higher resolution.
"In addition, due to an easing supply and demand equilibrium for logic semiconductors, it has become possible to gradually increase the production of high-value-added image sensors, the production of which was previously restricted due to supply constraints," Sony also pointed out.
The Yole report suggests that the leading Chinese manufacturers - OmniVision, GalaxyCore, and SmartSens - have responded well to the Huawei sanctions, and are now outperforming the competition.
Although its corporate headquarters is in Silicon Valley, and it used to be listed on the Nasdaq, OmniVision was acquired by a consortium of Chinese private equity investors in 2016 - and has since been sold to Shanghai-based Will Semiconductor.
Yole says that of the other Chinese players GalaxyCore is strengthening its position, approaching $1 billion in annual revenues and ranking fifth in the market, just ahead of US-based Onsemi.
Next comes Korea’s SK Hynix with a 3 per cent market share, and SmartSens with 2 per cent. Japan’s Canon and US defense group Teledyne round out the top ten suppliers, with Hamamatsu and Panasonic earning similar shares in 2021.
Image Sensors World Go to the original article...
According to a market report from China "global mobile phone image sensor market is declining, and it is recommended to deploy multi-level product lines, combined with production capacity advantages, to impact market share." [English translation]
Image Sensors World Go to the original article...
According to Sigmaintell, the global mobile phone image sensor shipments in 2021 will be approximately 5.37B units, a YoY decrease of about 11.8%; among which, the global mobile phone image sensor shipments in 4Q21 will be about 1.37B units, a YoY decrease. About 25.3%. At the same time, it is estimated that the global mobile phone image sensor shipments will be about 5.50B in 2022, a year-on-year increase of about 2.5%. In 1H21, due to the long ramp-up cycle of ultra-high pixel production capacity and the squeeze of low-end pixel production capacity by other applications, there was a short-term structural imbalance and market price fluctuations rose. In 2H21, the production capacity of Samsung and Sony’s external foundries was released steadily and significantly, but the sales in the terminal market were lower than expected and the stocking plan was lowered again, resulting in an oversupply in the overall image sensor market.
According to Strategy Analytics, the global smartphone Image sensor market in 2021 secured a total revenue of USD15.1B. Strategy Analytics finds that the smartphone image sensor market witnessed a revenue growth of more than 3% YoY in 2021. Sony Semiconductor Solutions topped with 45% revenue share followed by Samsung System LSI and OmniVision in 2021. The top 3 vendors captured nearly 83% revenue share in the global smartphone image sensor market in 2021. In terms of smartphone multi-camera application, Image sensors for Depth and Macro application reached 30 percent share while those for Ultrawide application exceeded 15% share.
In 2022, some manufacturers will reportedly reduce the price of mobile phone camera CIS several times. Currently, the cost down of phone camera CIS has penetrated into the camera chip products of 2MP, 5MP and 8MP. Among them, the unit price of 2MP and 5MP mobile phone camera CIS fell by about 20% and more than 30% year-on-year, respectively. [source]
