Sou Hu Cai Jing·2025-08-04 07:12Core Viewpoint - The Chinese chip industry has not only survived the sanctions imposed by the U.S. but has thrived, particularly in the mature chip sector, positioning itself as a global leader in this market. Group 1: Impact of U.S. Sanctions - In 2019, the U.S. placed hundreds of Chinese chip companies, including Huawei and Yangtze Memory Technologies, on an "entity list," prohibiting them from purchasing American technology [3] - Despite the restrictions on EDA software, photolithography machines, and advanced process foundries, Chinese chip companies adopted a "fight to the end" mentality, leading to significant advancements during a period of apparent dormancy [3][9] Group 2: Growth in Chip Production - After failing to procure ASML's EUV photolithography machines, China invested 150 billion yuan in new wafer fabs across major cities, resulting in a monthly production capacity increase of 350,000 wafers for mature chips [4] - China has achieved a global leading position in mature process capacity (28nm and above), with projections indicating a 43% market share by 2027 [6] Group 3: Technological Advancements - Chinese companies have made significant strides in chip design software, with firms like Huada Jiutian and Gekun Electronics successfully developing designs for 14nm and above [10] - In chip manufacturing equipment, Shanghai Micro Electronics and Zhongwei have achieved mass production of 28nm photolithography machines and successfully integrated 5nm etching machines into TSMC's supply chain [10] Group 4: Market Dynamics and Competition - The return of Huawei's Kirin chips has pressured Qualcomm, resulting in a loss of approximately 40 million chips sold in China, translating to hundreds of billions in economic losses for Qualcomm [10] - Yangtze Memory Technologies has captured an 8.1% global market share in NAND flash memory, forcing competitors like Samsung and Micron to reduce prices by 50% [10] - Chinese companies like BYD and Unisoc have significantly impacted the automotive chip market, leading to a 60% profit drop for Infineon and NXP [10] Group 5: Export Growth - China's chip export value has surged from 437.2 billion yuan in 2014 to 1.14 trillion yuan in 2024, marking a significant increase and breaking the 1 trillion yuan barrier for the first time [11] - The U.S. strategy to restrict high-end chips has inadvertently allowed China to dominate the mature chip market, with global analysts noting that U.S. sanctions have only strengthened China's position [11]