Global Semiconductor Industry Updates

1. Leaders from Europe’s top four research institutions met to launch the first batch of five pilot production lines under the EU Chips Act.

2. The Japanese government plans to provide over 10 trillion yen (approximately 464.81 billion RMB) in public support to the semiconductor and AI industries by the fiscal year 2030.

3. SK Hynix plans to reduce its NAND flash production by 10% in the first half of the year, which means cutting back by 30,000 wafers per month.

4. Nvidia CEO Jensen Huang showcased the wafer-level chip concept Grace Blackwell NVLink72, claiming it is the world’s largest chip.

5. On the morning of January 20, Mr. Song Shiqiang, General Manager of Kinghelm (www.kinghelm.com.cn), hosted a company-wide meeting to provide a detailed explanation of the "2025 Company Incentive Policy," which greatly boosted team morale.

6. The U.S. Department of Commerce's BIS revised the "Export Control Regulations" and added 25 Chinese entities to the Entity List, covering fields such as AI large models, AI chip design, and photolithography equipment-related companies.

China Semiconductor Industry Updates

1. Starting from January 20, nationwide subsidies for digital products such as smartphones, tablets, and smartwatches (and bands) will be implemented.

2. The China Association of Automobile Manufacturers (CAAM) issued a statement strongly opposing the Biden administration's rules banning the use of Chinese smart connected vehicle hardware and software.

3. The Sichuan Provincial Government announced the list of key provincial projects for 2025, with 810 projects totaling an annual investment of 791.65 billion RMB.

4. Shenghe Jingwei Semiconductor Co., Ltd. announced the successful completion of a $700 million (about 5 billion RMB) targeted financing for patient capital.

5. Cambrian disclosed its 2024 performance forecast, marking the first time since its listing that its quarterly net profit attributable to shareholders was positive.

6. EVAS Intelligence completed a multi-hundred-million RMB Series A funding round, accelerating the launch of its RISC-V computing chip products, contributing to the arrival of a new era.