Shenzhen Emerges as 'Third Pole' of China's Integrated Circuit Industry Amid Industry Transformation

[Shenzhen Forging the “Third Pole” of the Integrated Circuit Industry in China]

SMM reported on October 18th that the semiconductor industry is undergoing a transformation with the emergence of emerging applications such as 5G, AI, and new energy. At the peak forum of the inaugural Bay Area Semiconductor Industry Ecosystem Expo, which opened yesterday, leaders from upstream and downstream enterprises in the semiconductor industry chain discussed the “chip” ecosystem and the future of “chips”. Industry insiders believe that the semiconductor industry chain should undergo vertical and longitudinal integration, enhancing market competitiveness through deep integration of complete machines, design, manufacturing, and packaging. Li Hong, President of China Resources Microelectronics, stated that Shenzhen's integrated circuit industry will exceed RMB 200 billion in scale in 2023, accounting for 80% of Guangdong's total integrated circuit output value. It can be said that Shenzhen's integrated circuit industry is entering a new stage of development, forging the “third pole” of the industry nationwide.