1.我们坚定支持会员单位捍卫自身的合法权益，维护公平、公正、非歧视的营商环境和全球产业链 的稳定。 2.我们反对滥用"国家安全"概念、对中国企业海外分支机构实施选择性和歧视性限制的做法。 近日，我会会员企业闻泰科技在荷兰的分支机构安世半导体（Nexperia）受到当地政府的干预，引发 产业界高度关注。中国半导体行业协会对此表示严重关切，并郑重表明以下立场： 转自：中国半导体行业协会 加入"中国IC独角兽联盟"，请点击进入 是说芯语原创，欢迎关注分享 3.针对特定企业的歧视性措施，将破坏开放、包容、协同的全球半导体生态，我们对此坚决反对。 中国半导体行业协会将持续关注事态发展，积极倾听会员呼声，并通过一切合法渠道向国际社会表 达中国产业界的共同关切。 ...

美国得克萨斯州总检察长肯·帕克斯顿（Ken Paxton）近日宣布，已对网络设备制造商TP-Link Systems Inc. （以下简称"TP-Link"）展开调查，怀疑其可能协助中国获取消费者数据。 TP-Link发言人回应查询时表示，公司将继续与美国商务部紧密合作，解决任何忧虑，包括降低内衣商务部可 能提出的风险。公司相信美国商务部的审查将认可TP-Link的营运和产品安全性。 今年5月，帕克斯顿曾威胁要对TP-Link、阿里巴巴、 CapCut 等数家中国公司采取法律行动，指控它们侵犯 了得克萨斯州居民的隐私权。根据《得克萨斯州数据隐私和安全法案》（ TDPSA ），公司必须披露是否处理 消费者数据，允许消费者选择退出数据收集，并使消费者能够完全删除其个人数据。如果这些公司未能遵守 TDPSA的规定，将面临进一步的法律行动。 得克萨斯州总检察长办公室表示，此次调查将审查TP-Link是否误导消费者关于其独立于中国的程度、其技术 是否存在更严重的漏洞，以及设备是否违反得州隐私法不当收集或披露了消费者资料。TP-Link成立于中国深 圳，现已成为全球Wi-Fi设备领先供应商。其在多地采取了在地化运营，已成 ...

作者 | 第一财经 郑栩彤 为OpenAI保障算力供应的盟友越来越多了。 北京时间10月13日晚间，OpenAI和定制ASIC（专用集成电路）厂商 博通 宣布达成合作，双方将合作开发10吉瓦的定制人工智能加速器，OpenAI将 设计加速器和系统，与博通合作开发和部署。博通将从2026年下半年开始部署相关人工智能加速器和网络系统机架，并于2029年年底完成。 受消息影响，博通盘中涨超10%。 本月早些时候，OpenAI刚和GPU（图形处理器）厂商AMD达成合作，OpenAI将根据多年、多代协议部署6吉瓦容量的AMD GPU。9月，OpenAI还 与英伟达合作，英伟达计划助力OpenAI构建和部署至少10吉瓦的AI数据中心，涉及数百万块英伟达GPU。OpenAI与英伟达、AMD、博通在算力方 面的这几个合作，涉及算力高达26吉瓦。 据博通介绍，OpenAI和博通共同开发的系统将包含博通的加速器和以太网解决方案，相关机架将完全采用博通的以太网和其他连接解决方案进行扩 展，将部署在OpenAI及其合作伙伴的数据中心中。博通和OpenAI已经签署了一份协议清单。博通相关负责人表示， 定制加速器 与以太网横向、纵向 扩展 ...

TP-Link发言人回应查询时表示，公司将继续与美国商务部紧密合作，解决任何忧虑，包括降低内衣商务部可 能提出的风险。公司相信美国商务部的审查将认可TP-Link的营运和产品安全性。 今年5月，帕克斯顿曾威胁要对TP-Link、阿里巴巴、 CapCut 等数家中国公司采取法律行动，指控它们侵犯 了得克萨斯州居民的隐私权。根据《得克萨斯州数据隐私和安全法案》（ TDPSA ），公司必须披露是否处理 消费者数据，允许消费者选择退出数据收集，并使消费者能够完全删除其个人数据。如果这些公司未能遵守 TDPSA的规定，将面临进一步的法律行动。 值得注意的是，TP-Link去年底才支付高达1.35亿美元与NETGEAR达成专利诉讼和解，才避免了相关产品在 美被发布排除令而遭禁售的风险。 转自：天天IC 美国得克萨斯州总检察长肯·帕克斯顿（Ken Paxton）近日宣布，已对网络设备制造商TP-Link Systems Inc. （以下简称"TP-Link"）展开调查，怀疑其可能协助中国获取消费者数据。 得克萨斯州总检察长办公室表示，此次调查将审查TP-Link是否误导消费者关于其独立于中国的程度、其技术 是否存在更严重的 ...

昨日晚间，闻泰科技的一纸公告揭开了公司遭遇跨国监管重大挑战，旗下总部位于荷兰的核心资产安世 半导体（Nexperia）因荷兰政府指令，自9月30日起，全球 30 个分支机构对资产、知识产权、业务及人 员实施为期一年的 "全面冻结"，任何调整行为均被禁止。 与此同时，安世部分外籍高管甚至请求法庭启动公司调查，并暂停母公司闻泰科技委派的CEO履行职 务。荷兰方面还要求任命一名拥有决定性投票权的外籍董事，并将安世半导体的所有股份（减去一股） 托管给稍后指定并公布的人员。 这次对中资企业采取行动， 荷兰政府也玩起了"国家安全"的老套路，担忧关键技术可能被转移至中国 母公司闻泰科技。 荷兰经济事务部12日在一份声明中声称，这是荷兰政府首次启用《商品供应法》（Goods Availability Act），原因是"荷兰及欧洲本土关键技术知识与能力的连续性和安全性面临威胁"。 声明辩称，采取此次行动的另一原因是安世"内部存在严重的治理缺陷与问题行为""该决定旨在防范一 种风险，即紧急情况下，安世半导体生产的产品（成品及半成品）可能无法供应，相关产品包括用于欧 洲汽车行业和消费电子领域的芯片等。" 文章称，荷兰政府以莫须有的 ...

Core Viewpoint - The discussion surrounding Wentai Technology and Nexperia highlights a significant fracture in the global semiconductor supply chain, driven by national security concerns overriding decades of cooperative models [2]. Group 1: Background of the Event - The crisis began with Wentai Technology's acquisition of Nexperia in 2018 for 33.2 billion yuan, which was seen as a classic case of "a small snake swallowing an elephant" [4]. - The acquisition was initially well-received, with expectations that Chinese capital would help Nexperia grow rapidly [4]. - However, subsequent overseas acquisition attempts by Wentai faced resistance, such as the blocked acquisition of Newport Wafer Fab in 2021 [4]. Group 2: External Environment Changes - In April 2024, Nexperia suffered a cyberattack, raising data security concerns among Dutch authorities [5]. - By December 2024, Wentai was placed on the U.S. Entity List, leading to significant operational challenges and a strategic pivot to focus solely on Nexperia [5]. Group 3: Impact on Wentai Technology - The Dutch government issued a ministerial order freezing Nexperia's global operations, which has led to a severe operational and survival crisis for Wentai [6]. - The sanctions have transformed previous political and reputational risks into immediate operational threats, with supply chain disruptions being a primary concern [7]. Group 4: Nexperia's Performance and Contributions - Since the acquisition, Nexperia has significantly contributed to the European semiconductor industry, with a revenue peak of 2.36 billion euros in 2022 and a gross margin increase from 25% in 2020 to 42.4% in 2022 [8]. - Nexperia's R&D investment has grown from 112 million euros in 2019 to 284 million euros in 2024, with a notable increase in global patent applications [8]. Group 5: Future Outlook and Strategic Responses - Wentai Technology is actively seeking legal remedies and government support while maintaining communication with suppliers and customers to stabilize operations [11]. - The company faces uncertainty regarding the evolving U.S. regulations and the potential impact on its operations, particularly if the Dongguan factory's exports are halted [11]. Group 6: Implications for the Semiconductor Industry - The asset freeze on Nexperia by the Dutch government signifies a pivotal moment in the global semiconductor industry, indicating a shift away from globalization towards a more fragmented landscape [12]. - Chinese companies are urged to pivot towards self-innovation as acquiring core technologies through overseas acquisitions becomes increasingly challenging [12].

Core Viewpoint - The article discusses the recent intervention by the Dutch government in the operations of Nexperia, a subsidiary of Wentech Technology, highlighting the political motivations behind the actions and the company's commitment to defending its rights and maintaining operational integrity [3][8]. Group 1: Government Intervention - The Dutch Ministry of Economic Affairs issued an order on September 30, 2025, freezing the global operations of Nexperia and its subsidiaries for one year, affecting decision-making and resource allocation [1][3]. - Wentech Technology strongly opposes the Dutch government's actions, arguing that they are politically motivated and discriminatory against Chinese enterprises, violating principles of fair competition [3][4]. Group 2: Nexperia's Contributions and Compliance - Since Wentech's acquisition of Nexperia, the company has adhered to local laws and regulations, contributing significantly to the European semiconductor industry, including paying €130 million in corporate taxes over the past five years [4][6]. - Nexperia's revenue peaked at €2.36 billion in 2022, with a gross margin increase from 25% in 2020 to 42.4% in 2022, and the company is projected to operate with zero debt by October 2024 [6]. Group 3: Legal and Political Actions - Internal legal actions initiated by some foreign management members are seen as an extension of external political pressure, aiming to alter the company's ownership structure and undermine shareholder rights [7]. - Wentech Technology is committed to using all legal and diplomatic avenues to challenge the Dutch government's directive and to advocate for a fair business environment for Chinese enterprises [8][9]. Group 4: Industry Perspective - The semiconductor industry is characterized by globalization, and its future relies on collaboration rather than confrontation, with a call for governments to provide a non-discriminatory business environment [9].

Core Insights - The article emphasizes the critical role of rare earth elements, particularly heavy and medium rare earths, in the AI supply chain, highlighting China's near-total control over this supply chain [3][10][19] - It discusses the asymmetrical leverage that a mere 0.1% content of rare earths can exert on the global AI supply chain, affecting everything from chip production to cooling systems [5][6] - The article warns that the U.S. economy is heavily reliant on AI, and any disruption in the rare earth supply chain could lead to significant economic consequences [6][12] Rare Earths and AI Supply Chain - Rare earths are essential for AI hardware performance, with their unique atomic properties making them irreplaceable in the short term [3][7] - The concentration of rare earth supply in China gives it a strategic advantage in controlling the flow of AI-related technologies globally [4][10] - The U.S. faces challenges in overcoming the "rare earth wall," as its efforts to rebuild a complete supply chain from mining to manufacturing are still in early stages [10][11] Market Dynamics - The direct market size of the rare earth industry is relatively small compared to the massive valuations of AI companies, yet its impact on the AI economy is profound [5][6] - The article notes that the U.S. has been slow to respond to the importance of rare earths, with significant investments and policies only emerging in recent years [11][12] Technological Implications - Rare earths are not only crucial for semiconductor manufacturing but also for enhancing the performance of AI hardware through their unique physical properties [7][8] - The article highlights ongoing research in alternative materials, but current substitutes for rare earths are still in experimental stages and face significant challenges [9][19] Global Supply Chain Challenges - The article outlines the geographical concentration of heavy rare earth resources, primarily in China, which poses a challenge for other countries attempting to establish their own supply chains [10][19] - It emphasizes that the processing of rare earths is more critical than mining, with China's dominance in refining technology making it difficult for other nations to compete [15][19]

Core Viewpoint - The article highlights the significant advancements made by a Chinese company, Angrui Microelectronics, in the field of 5G RF front-end chips, marking a breakthrough in a market previously dominated by international giants. The company is on the verge of an IPO, which will further empower its growth and innovation capabilities [1][2][9]. Group 1: Company Overview - Angrui Microelectronics has developed the 5G L-PAMiD module, which has been integrated into flagship smartphones from top global brands like Samsung, Huawei, and Xiaomi, showcasing its technological prowess [1][3]. - The company is preparing for an IPO on the Sci-Tech Innovation Board, aiming to raise 2.067 billion yuan for R&D and industrial upgrades [2][9]. Group 2: Technological Breakthroughs - The L-PAMiD module is considered the "crown jewel" of RF front-end chips, crucial for communication quality and device performance, and has been historically monopolized by companies like Skyworks and Qorvo [3][9]. - Angrui Microelectronics achieved mass production of L-PAMiD products in 2023, breaking the international monopoly and positioning itself as a leader in the domestic market [3][9]. Group 3: Market Performance - The company's revenue is projected to grow from 922 million yuan in 2022 to 2.101 billion yuan in 2024, reflecting a compound annual growth rate of 50.88% [5][9]. - The revenue from L-PAMiD products is expected to reach 381 million yuan in 2024, accounting for 42.26% of the total revenue from 5G PA and modules, indicating strong market competitiveness [3][5]. Group 4: Diversification and Future Growth - Angrui Microelectronics is expanding into emerging fields such as automotive communication, satellite communication, and the Internet of Things (IoT), establishing a diversified business layout [6][9]. - The company has already achieved significant milestones in automotive communication and satellite communication, with a market share exceeding 30% in domestic satellite communication PA [6][9]. Group 5: R&D Commitment - The company has invested 980 million yuan in R&D from 2022 to 2024, representing 20.77% of its total revenue during the same period, emphasizing the importance of innovation in maintaining competitive advantage [8][9]. - Angrui Microelectronics has led or participated in several national-level research projects, contributing to advancements in RF technology and its applications [8][9]. Group 6: Industry Context - The global RF front-end market is dominated by foreign companies, with domestic manufacturers holding less than 15% market share, indicating significant potential for domestic alternatives [9]. - With the increasing penetration of 5G and the growth of IoT applications, the demand for RF front-end chips is expected to rise, providing a favorable market environment for Angrui Microelectronics [9].

10 月 12 日，闻泰科技（600745.SH）发布重磅公告披露，其控股子公司安世半导体（Nexperia）遭遇双重冲击：荷兰政府已冻结其资产与知识产权调整权 限，荷兰企业法院则裁定暂停中方委派的 CEO 张学政职务，部分外籍高管更提出股权转让要求，这家年营收 147 亿元的半导体核心资产陷入控制权博弈 漩涡。 | 证券代码:600745 | 证券简称:闻泰科技 公告编号:临 2025-146 | | --- | --- | | 转债代码:110081 | 转债简称:闻泰转债 | 闻泰科技股份有限公司 关于子公司经营管理情况暨公司股票复牌的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏,并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示: ● 证券停复牌情况:适用 因重大事项已披露. 本公司的相关证券停复牌情况如下: | 证券 代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 600745 | 闻泰科技 | A 股 ...