WUS(SZ:002463) Zheng Quan Ri Bao Wang·2026-01-13 13:55Group 1: Company Developments - Huadian Electronics plans to invest in a wholly-owned subsidiary in Changzhou, focusing on advanced technologies like CoWoP and mSAP, with a total investment of $300 million, aiming for an annual revenue of 2 billion RMB upon full production [1] - Yongxi Electronics announced plans to establish an integrated circuit packaging and testing production base in Malaysia, with a total investment not exceeding 2.1 billion RMB [1] Group 2: Industry Trends - Recent government policies have been introduced to support the integrated circuit industry, including financial incentives and capital empowerment, which are expected to drive rapid capacity expansion [2] - The surge in new integrated circuit projects is attributed to a combination of policy support, increased demand from sectors like AI and electric vehicles, and the push for domestic substitution [3] - The global semiconductor market is projected to reach $975.46 billion by 2026, reflecting a 26.3% year-on-year growth, indicating strong growth momentum in both global and domestic markets [3] - China's integrated circuit exports reached 1.29 trillion RMB in the first 11 months of 2025, marking a 25.6% year-on-year increase, highlighting China's growing role in the global market [3] Group 3: Market Outlook - Analysts are optimistic about the long-term prospects of the integrated circuit industry in China, noting that domestic equipment is rapidly catching up to international standards [4] - While short-term challenges exist due to U.S. restrictions affecting computational power, these barriers may ultimately drive stronger innovation within China's AI chip industry [4]