International News:

1. TSMC's Fab 21 wafer fabrication plant in Arizona, USA, has started operations, with the first phase of trial production aimed at the A16 chip for the iPhone 14 Pro.

2. TrendForce predicts that the wafer foundry market will recover in 2025, with an estimated annual growth rate of 20%, higher than the 16% expected in 2024.

3. India's Tata Group has formed a strategic alliance with American chip manufacturer Analog Devices, Inc. (ADI) to strengthen strategic and business cooperation and explore opportunities in semiconductor manufacturing in India.

4. The Federal Reserve has announced its first interest rate cut in four years, which will have profound positive effects on the semiconductor industry, such as stimulating semiconductor consumption and investment, and enhancing the profitability of semiconductor companies.

5. On September 21, former Huawei executive Teacher Ni visited Kinghelm and the headquarters of SLKOR to conduct training on "Achieving Customer Success—Key Moments MOT," with teams led by Deng Haifeng, Zhou Zhaquan, Zhang Junjun, and Sun Gaofei competing in a PK contest.

6. According to The Information, NVIDIA is in deep negotiations to acquire the software startup OctoAI for approximately $165 million.

China News:

1. Recently, BYD has officially completed the acquisition of 100% equity in Tengshi Automotive, transitioning it from a joint venture brand to a domestic brand.

2. The 2024 AI & Connect technology innovation summit will be held on October 22 at the Westin Hotel in Yitian, Nanshan District, Shenzhen.

3. The 2025 Integrated Circuit Science and Technology Conference (CSTIC 2025) will take place on March 24-25 next year in Shanghai, and it is one of the largest world-class semiconductor technology seminars in Asia.

4. China Rare Earth Group has made significant breakthroughs in mineral exploration, with experts estimating an expected increase in rare earth resource volume by 4.96 million tons. The acquisition and utilization of rare earth resources are crucial for the development of the semiconductor industry.

5. A total of 14 quality integrated circuit enterprises from the Jiading Industrial Zone, including Nazhing Technology, Zhongwei Huoxin, and Shenre Technology, signed agreements on-site, covering projects in areas such as high-reliability automotive chips.

6. Unisplendour's wholly-owned subsidiary, Unisplendour International, has purchased a 30% stake in its controlling subsidiary H3C for a total amount of approximately $2.143 billion (about 15.2 billion yuan).