China Resources Micro IPM module enters full mass production stage, advanced packaging capacity landing (2026-07-17)

China Resources Micro officially disclosed on the investor interaction platform that the company's IPM intelligent power module and panel level packaging (PLP) business have entered the mass production stage, and the production capacity of advanced packaging and power modules has been steadily released. Relying on the mature IDM vertical integration system, the mass production capability further supports the delivery of IPM products in the fields of home appliances, industrial control, new energy, etc., continuously strengthens the domestic substitution supply capability, and becomes one of the core growth sectors of the company's power module business.

China Resources Micro's IPM module business is growing rapidly, and its market share in the white goods market remains among the top in the industry (2026-04)

According to the annual operating data of China Resources Micro, the growth rate of the company's IPM module business is impressive, with a year-on-year increase of 143%. The penetration rate of the product in core scenarios such as household variable frequency white goods and industrial control continues to increase, with mainstream application markets accounting for over 80% of sales. It has successfully introduced key models from multiple first-line home appliance brands, and the scale of mass delivery continues to expand, accelerating the localization and replacement process of high-end home appliance IPM modules.

China Resources Micro will focus on increasing customized IPM modules in 2026 and sprint towards the high-value track (2026-04)

China Resources Micro has released its annual action plan for improving quality and efficiency, clearly stating that IPM power modules are the core focus of its efforts. The company will rely on the advantages of 6/8/12 inch wafer production lines and advanced packaging and testing production lines to continuously optimize the IPM module process and performance, focusing on high-value scenarios such as industrial control, new energy, and high-end home appliances, promoting customized IPM module iteration and upgrading, and continuously improving the overall market share and product added value of power modules.

The market size of white power IPM modules will continue to expand in 2026, and the pace of domestic substitution will accelerate (2026-04)

Industry data agencies predict that by 2026, the market size of China's variable frequency white power IPM module will exceed 10.3 billion yuan, and the global market size will exceed 21 billion yuan. As the penetration rate of downstream variable frequency household appliances, smart homes, and industrial automation continues to increase, the demand for IPM modules as the core components of variable frequency control continues to rise. Domestic manufacturers such as China Resources Microelectronics, BYD Semiconductor, and Zhongwei Microelectronics continue to expand and iterate, gradually replacing imported brands. The domestic IPM module industry has entered a new stage of large-scale and high-end development.