深圳半导体产业规模持续增长，加快打造全球重要影响力

Core Insights - The semiconductor and integrated circuit industry in Shenzhen is projected to reach a scale of 256.4 billion yuan in 2024, representing a year-on-year growth of 26.8% [1] - In the first half of 2025, the industry is expected to continue its rapid growth, reaching 142.4 billion yuan, with a year-on-year increase of 16.9% [1] Group 1 - The Shenzhen municipal government attributes the growth of the semiconductor and integrated circuit industry to the collaborative efforts in policies, funding, talent, and platforms, leading to a significant optimization of the industry ecosystem [3] - According to CITIC Securities, the impact of U.S. restrictions on China's semiconductor manufacturing has diminished over time, indicating that the domestic semiconductor industry is well-prepared for these challenges [3] - The trend of domestic substitution for semiconductor equipment and components is becoming clearer, particularly in advanced storage and logic sectors, as domestic manufacturers make significant progress [3] Group 2 - Domestic storage wafer manufacturers are actively promoting the localization of semiconductor equipment to reduce reliance on overseas suppliers, having made breakthroughs in key processes such as etching and deposition [3] - CITIC Securities anticipates stable expansion demand for domestic advanced storage wafer manufacturers in 2025, with a potential rapid increase in 2026 as new production lines come online, further driving demand for domestic semiconductor equipment and components [3]