Global Semiconductor Industry Updates

1. Qualcomm achieved nearly $33.2 billion in revenue for the fiscal year 2024, with 46% coming from China.

2. Indian company Tessolve has acquired the leading chip design firm Dream Chip Technologies, based in Hannover, Germany, for €4,250.

3. Saudi Arabia plans to invest $100 billion to build an AI center.

4. Samsung is facing difficulties: on one hand, the development of its advanced semiconductor technologies seems to have stagnated, and on the other, the company’s outdated corporate culture is leading to a growing loss of talent.

5. A team from MIT has successfully developed a new nano-scale 3D transistor using ultra-thin semiconductor materials, resulting in a 20-fold performance improvement.

6. Indawei has surpassed Apple in market value, becoming the world’s most valuable company.

China Semiconductor Industry Updates

1. Ruicheng Semiconductor has launched the PVT Sensor LP, based on 8nm process technology.

2. Jiangbolong Electronics has begun mass shipping two self-developed main control chips, with over 10 million units already in scale production.

3. Yang Haijun, founder of Mito in Changsha and a practicing lawyer at Hunan Tongsheng (Changsha) Law Firm, revealed he paid over 5 million yuan in fees to the firm in 2019 and 2020 alone. Sako Micro’s Song Shiqiang has called on the involved law firm and lawyers to surrender and actively return any illegal gains and interests, seeking leniency from the Party and government.

4. Wang Huiwen, co-founder of Meituan, has returned to the front lines, leading the team to explore AI applications.

5. SMIC achieved a record high sales revenue of 15.609 billion yuan in Q3 2024.

6. Nezha Motors is launching large-scale layoffs, with the proportion potentially reaching up to 70%.