Sou Hu Cai Jing·2025-09-15 07:38Core Viewpoint - The Ministry of Commerce received an anti-dumping investigation application for imported analog chips from the United States, which is expected to have a significant impact on major U.S. manufacturers [2][3] Investigation Scope - The investigation targets imported analog chips from the U.S., which accounts for over 50% of global production capacity. Major companies involved include TI, ADI, Broadcom, and ONSemi [2][3] Beneficial Areas - The sectors likely to benefit from this investigation include industrial, automotive, and communication fields, particularly through general interface chips and gate driver chips [2][3] Beneficial Products - The anti-dumping investigation focuses on general interface chips and gate driver chips using 40nm and above process technology. In 2024, the total import volume of these chips is projected to be 2.36 billion units, with 1.59 billion units imported from the U.S., representing over 60% of total imports [3] Market Expansion - Neutral estimates suggest that the anti-dumping measures could expand the Chinese market for general interface chips and gate driver chips to 3.3 and 1.6 times, respectively. Optimistic estimates predict expansions to 13.4 and 8.8 times [3] Beneficial Regional Enterprises - The application for the anti-dumping investigation was submitted by the Jiangsu Semiconductor Industry Association, indicating that many affected analog chip manufacturers are located in Jiangsu, which may lead to a focus on these local companies during the investigation [3][4] Investment Strategy - The ongoing "overseas price war" has been a core pressure point for the analog sector, particularly in automotive, industrial, and communication fields. The advancement of anti-dumping measures is expected to alleviate competitive pressures and foster significant domestic market growth [4]