Hongyu Li , CEO of BlueXMicro: An overheated industry will make investors eager for quick profits while competitors will be distracted

转自猎云网（微信号：ilieyun)

On December 4, in the growing against the trend NFS2020 CEO Summit and Lieyunwang.com Venture Capital Award ceremony "Semiconductor rising Road" special session, it was chaired by Guo Zhijun, deputy general manager of Investment of Yi Tang Changhou, the co-founder of the North Ocean Photonics Li Shuai, Core Long March CEO Yangjun Zhu, BlueXMicro CEO Hongyu Li and TsingMicro Xiu-dong Li discuss the theme of "Core power: Semiconductor Industry meets Opportunities".
 

Hongyu Li is optimistic about the semiconductor industry overheating and he hopes it will succeed in the future. "The overheating of the industry will make more investors eager for quick success and quick profits. They will immediately increase the quantity and then bargain with the price. I don't want to play in this market, but it will distract the attention of my potential competitors in China, causing the distraction of capital and human resources. As long as I do my job well and don't make mistakes honestly, I will succeed in most cases." He said
 

In addition, the overheating of the industry will have a negative impact on the semiconductor design industry: first, high costs, mainly labor costs; Second, the design engineer will rely on very high, impetuous. "If the industry grows too fast, it will be overlooked that chips will take a long time to accumulate, and digital capabilities will need more than a decade to develop," Li said. 

Talking about the impact of the epidemic, Li hongyu said that the company's customers were all foreign orders last year. Since the epidemic, three projects in Italy could not continue, but the team also received a lot of cases in China, so the situation this year is good. It is worth mentioning that all the goods of the company have been ordered before the end of January next year. The epidemic situation can be said to have both advantages and disadvantages.
 

For the global semiconductor industry, both China and the United States stand to benefit. Once again, China is proving to be the workshop of the world, while the United States is reaping the benefits of a home-based office supply. For domestic alternatives, Hongyu Li think , import substitution is what comes naturally. According to Hongyu Li is similar to what several foreign manufacturers are doing. "But I did it cheaper and better than my opponent, so I took his place, so I did what I had to do first."
 

Hongyu Li said that there is a further requirement for domestic substitution. We need to do a good job in basic education so that more people are willing and able to do it. After ten or twenty years of hard work, with the guidance of the state, the results will be good . Looking ahead, Li said the future is bright and the road is tortuous.