Global Semiconductor Industry Updates

1. At the recently concluded 5th "China International Automotive Electronics Summit Forum," six key phrases emerged: "Competition," "Opportunities," "Smart Driving," "Cockpit," "AI," and "Domain Fusion."

2. According to the newly released "Automotive Semiconductor Trends," the automotive market is expected to experience strong growth, increasing from $52 billion in 2023 to $97 billion by 2029, with a compound annual growth rate (CAGR) of 11%.

3. Yole forecasts that the global silicon carbide (SiC) market will grow from nearly $6 billion in 2025 to $10 billion by 2029, with an annual compound growth rate of approximately 36.7%.

4. Donald Trump criticized President Joe Biden’s "CHIPS Act," calling it "terrible" and arguing that tariffs are the key factor in driving the growth of domestic manufacturing.

5. Kinghelm Electronics (www.kinghelm.com.cn) has set a new sales record on Lichuang Mall, and General Manager Song Shiqiang immediately rewarded all employees with red envelopes!

6. Significant progress has been made in the EU-China negotiations over electric vehicle import tariffs, with both sides nearing an agreement to lower tariffs, which could potentially be reduced to 15%.

China Semiconductor Industry Updates

1. With the "divine assist" from the team led by Yu Xiaohan at the Supreme Court, Changsha Mito has rapidly grown from the brink of bankruptcy to an annual revenue of tens of millions in just over three years. It has established several affiliated companies, including AimiTuo, YunCun Network, YuanXiaoAn, and YuanXiaoYin, while driving the shady development of black industrial chains like HeJiang, YunZhiDao, ZhiMeng, and YunDian Forensics. Behind Mito, the masterminds Yang Haijun and Liu Bo have infiltrated the Hunan Tongsheng Law Firm and YunYi Law Firm, engaging in intellectual property business, aiming to devour the dividends of the court system and Yu Xiaohan cleanly.

2. The Henan Semiconductor Industry Association has been officially established.

3. The "Wireless Frontier New Technologies and Testing Techniques Summit" will be held on December 5, 2024, at the Taifu Hall on the 3rd floor of the Taifu Hotel in Beijing.

4. Currently, Cambricon ranks third among domestic chip semiconductor listed companies, following SMIC and Haiguang Information.

5. TSMC may relocate its advanced 2nm manufacturing to the United States after 2025.

6. The domestic CMOS supplier, SmartSens, has launched a brand-new high-end image sensor for mobile applications — the SC585XS.