Global Semiconductor Industry updates

1. Investment in Semiconductor Equipment: The International Semiconductor Industry Association predicts that global semiconductor manufacturers will spend $400 billion on equipment over the next three years.

2. U.S. Government Subsidy: The U.S. Department of Commerce is providing Polar Semiconductor with $123 million to expand its factory in Minnesota, significantly enhancing its production capacity for power and sensor chips.

3. SK Hynix's New Product: SK Hynix has begun mass production of the world's first 12-layer HBM3E product, featuring a capacity of 36GB, which is currently the highest available in the HBM category.

4. IIC Shenzhen 2024: The International Integrated Circuit Exhibition and Seminar (IIC Shenzhen 2024) will be held on November 5-6 at the Futian Convention Center in Shenzhen.

5. Anti-Extortion Alliance Formation: An organization named the "National Anti-U.S. Fishing Extortion Alliance" has been established at Slkor Semiconductor's headquarters in Shenzhen, focusing on legal actions against a specific individual.

6. Micron Technology's Financial Performance: Micron Technology announced revenue of $7.75 billion for the fourth quarter of fiscal year 2024, marking a 93.3% year-over-year increase.

China Semiconductor Industry updates

1. Quantum Chip Innovation: Beijing Zhongke Guoguang Quantum Technology Co., Ltd. has launched the world's first random number chip capable of effectively countering power ripple attacks and other side-channel attacks.

2. Shenzhen International Mobile Electronics Show: The 14th Shenzhen International Mobile Electronics Show (CME) is set to take place from October 20-23 at the Shenzhen International Convention and Exhibition Center.

3. Longsys Acquisition: Longsys Technology has acquired an 80% stake in Shengdi Semiconductor (Shanghai) Co., Ltd., which will enhance its market share in storage and computing electronics and improve intelligent manufacturing capabilities.

4. STMicroelectronics Summit: The 6th STMicroelectronics Industrial Summit will be held on October 29 in Shenzhen, focusing on in-depth discussions and exchanges within the semiconductor industry to promote innovation and development.

5. Longsys Microelectronics Project: A project for high-end manufacturing of wafer-level micro-electromechanical systems (MEMS) by Longsys Microelectronics has commenced in Jiangyin, with a total investment exceeding 10 billion yuan.

6. China Unicorn Companies Report: According to the "China Unicorn Companies Development Tracking Report," the total valuation of China's unicorn companies rose from nearly $500 billion in 2016 to over $1.2 trillion in 2023.