Chan Ye Xin Xi Wang·2025-09-03 01:28Core Insights - The Chinese memristor industry is rapidly developing and is expected to reach a market size of 43 billion yuan in 2024, representing a year-on-year growth of 85.34% [1][7]. Industry Overview - The memristor, a fundamental circuit element, relates magnetic flux and electric charge, with its resistance determined by the charge passing through it [3][4]. - The industry has evolved since the concept was introduced by Professor Chua in 1971 and the first nano memristor was created by HP in 2008, leading to advancements in non-volatile memory and applications in artificial neural networks [4][5]. Market Size - The Chinese memristor market is projected to grow significantly, with a market size of 43 billion yuan in 2024, marking an 85.34% increase from the previous year [1][7]. Key Companies - Major players in the industry include SMIC and Huahong Semiconductor, with SMIC recognized for its manufacturing capabilities and cost-effective flash memory technology [8][9]. - Huahong Semiconductor focuses on specialty process integrated circuits and has established collaborations with research institutions to advance memristor technology [11]. Industry Development Trends 1. Technological Innovation and Material Breakthroughs: The industry is experiencing a technological leap through material innovations and manufacturing process optimizations, with new materials enhancing device stability and read/write speeds [13]. 2. Diverse Application Scenarios: Memristors are showing potential in various fields, including data centers, automotive electronics, and consumer electronics, driven by their low power consumption and high density [14]. 3. Policy Support and Industry Ecosystem Construction: National policies are crucial for the development of the memristor industry, with significant investments and collaborative efforts between enterprises and research institutions to accelerate technological advancements [16].