Xuan Gu Bao·2025-11-17 23:29Group 1 - SMIC reported a capacity utilization rate of 95.8% in Q3, indicating high demand and a supply shortage in its production lines [1] - The company has received a significant number of urgent orders for analog and storage products, including NOR/NAND Flash and MCUs, leading to a temporary decrease in the proportion of mobile business [1] - The global MCU market is projected to reach approximately $31.45 billion in 2024, with a compound annual growth rate (CAGR) of 10.50% from 2024 to 2029, while the Chinese MCU market is expected to grow from $7.84 billion in 2024 to $12.68 billion by 2029, with a CAGR of 10.09% [1] Group 2 - The demand for NOR Flash is expected to increase significantly due to the transition to HBM4 specifications in AI servers, with a projected 50% increase in usage [2] - Manufacturers like Winbond are experiencing full order books and may raise NOR Flash prices by 30% in Q1 of next year, with domestic manufacturers also expected to increase prices by at least 10% [2] - The supply of NOR Flash remains tight due to strong consumer demand and industrial recovery, with no clear increase in supply expected in the short term [2] Group 3 - Shanghai Beiling has launched its NOR Flash products for applications in IoT, energy monitoring, industrial control, automotive electronics, wearable devices, and consumer electronics [3]