GREE(SZ:000651) Sou Hu Cai Jing·2026-01-13 09:21Core Viewpoint - Gree's third-generation semiconductor chip, made from silicon carbide, significantly reduces air conditioning energy consumption by 30% and marks a major step in China's manufacturing independence from foreign technology [1][2]. Group 1: Chip Development and Production - Gree's third-generation chip has been fully integrated into its entire range of air conditioning products, with over 1 million units installed [1]. - The chip factory in Zhuhai operates with over 70% domestic equipment and can complete the entire production process with fewer than 40 staff members [1]. - Gree has invested nearly 10 billion yuan to establish its semiconductor factory, which was completed in just 388 days, setting a new industry record [5]. Group 2: Market Impact and Competitive Position - The new chip breaks the monopoly of international giants like Infineon and ON Semiconductor, allowing Gree to control its supply chain and reduce reliance on imports [2]. - Gree's successful chip development is seen as a model for China's manufacturing transformation and has garnered attention for its potential to enhance competitiveness in high-end manufacturing [5][9]. Group 3: Future Expansion and Applications - Gree plans to expand the application of its chips beyond air conditioning to include photovoltaic inverters and electric vehicle charging stations, with a goal to enter the electric vehicle market by 2025 [7]. - The company aims to achieve automotive-grade certification for its chips, which could disrupt the automotive power device market and lower costs for domestic car manufacturers [7]. Group 4: Industry Ecosystem Development - The establishment of Gree's chip factory has stimulated the development of upstream and downstream industries, contributing to a self-sustaining semiconductor ecosystem in China [9]. - Gree's commitment to chip production is part of a broader strategy to strengthen the core technological foundation of Chinese manufacturing [9].