Core Insights - The continuous evolution of integrated circuit processes and innovative specialty processes enhances the competitive advantages of integrated circuit design service companies through their process analysis capabilities, full-process design capabilities, and project tape-out experience [1] - The diverse downstream demand has spurred the development of SoC (System on Chip) technology, which integrates various functional modules into a single chip to improve performance and reduce development cycles [1] - The rapid advancement of emerging technologies such as artificial intelligence and the Internet of Things (IoT) is driving innovations in advanced packaging and Chiplet technologies, which are crucial for the future of the integrated circuit industry [1][2][3] Industry Development and Trends - The integrated circuit industry is experiencing significant growth due to the rise of new applications in artificial intelligence, IoT, edge computing, automotive electronics, and medical electronics, creating new opportunities for development [5] - The advanced packaging market is projected to grow from $46.8 billion in 2023 to $78.6 billion by 2028, highlighting its importance in enhancing chip performance without changing transistor sizes [2] - Chiplet technology enhances design flexibility and reduces costs by allowing the integration of pre-manufactured chips, which can improve yield and overall design flexibility [3] - RISC-V architecture is gaining traction due to its flexibility, low cost, and low power consumption, positioning it as a potential third major architecture ecosystem alongside ARM and x86 [4] Emerging Applications - In artificial intelligence, the demand for computational power is surging, particularly for training and inference tasks, leading to increased interest in customized AI chips [6][7] - The IoT sector is expected to see over 23% growth in global connections by 2024, surpassing 25 billion, driven by advancements in wireless communication technologies [9][10] - The automotive industry is witnessing a rise in chip demand, with electric vehicles requiring significantly more chips than traditional vehicles, indicating a shift towards more integrated electronic architectures [11][12] - The medical electronics market is expanding, with a focus on low-power, high-performance chips for both professional medical devices and home health management tools [13]
灿芯半导体（上海）股份有限公司