Core Insights - Airbus SE has signed a contract with Norwegian Air Ambulance for the delivery of up to eight H145 helicopters, with an initial firm order for two units, which is expected to enhance the company's Helicopters business segment [1][9] - The Helicopters business segment experienced a solid 10% year-over-year revenue growth in Q1 2025 [1][9] Market Demand and Growth - There is a rising global demand for multirole helicopters as defense and civil operators seek versatile and cost-effective platforms for modern warfare, disaster relief, and homeland security [2] - GII Research forecasts a CAGR of 7.1% for the global multirole helicopter market from 2025 to 2035, which presents growth opportunities for Airbus [3] H145 Helicopter Performance - The H145 helicopter is witnessing strong global demand due to its effectiveness in Helicopter Emergency Medical Services and increasing military adoption [4] - The H145M variant features rapid deployment and combat capabilities, with a five-bladed rotor that increases payload by 150 kg, enhancing its operational value [4] Competitor Insights - Boeing's MH-139A Grey Wolf is designed for multi-mission capabilities, with a long-term earnings growth rate of 18.1% and a projected 25.6% sales improvement for 2025 [5][6] - Textron's Bell segment has a long-term earnings growth rate of 10% and a projected 6.6% sales growth for 2025 [6][7] - Lockheed Martin's Sikorsky unit provides military helicopters with a long-term earnings growth rate of 10.5% and a projected 4.7% sales improvement for 2025 [8][10] Stock Performance - Airbus shares have increased by 8.5% over the past month, outperforming the industry growth of 3.4% [11]

China OSAT halfway through recovery — The OSAT industry is on track to its sixth quarter of YoY growth with inventory well under control. While the current cycle shows only modest growth so far, we expect the growth recovery to continue with demand rising from: 1) industrial/automotive; and 2) advanced packaging (AP) for HPC and power semis. The past OSAT growth cycles since 2001 each lasted 3-7 years. We believe the OSAT industry is still only halfway through the recovery phase. Capacity UTR still improvin ...

Innovative MicroLED Manufacturing Method Promises Greater Efficiency and ReusabilityMANCHESTER, England, June 23, 2025 /PRNewswire/ -- Smartkem (Nasdaq: SMTK), which is seeking to change the world of electronics with a new class of transistor technology, today announced that it has received a UK patent for a new method for MicroLED display manufacturing, adding to its extensive IP portfolio. The new patent covers the patterning of an organic thin-film transistor (OTFT) backplane on top of, and selective rem ...

半导体材料ETF（562590）紧密跟踪中证半导体材料设备主题指数，该指数精选40只业务深度覆盖半导 体材料与半导体设备领域的上市公司证券作为样本。指数成分股中汇聚了多家在国产替代进程中表现突 出的龙头企业——例如在刻蚀设备领域实现技术突破的北方华创、中微公司，以及在硅片、电子化学品 等关键材料环节打破海外垄断的沪硅产业、南大光电等，样本股的筛选既聚焦行业核心赛道，充分体现 了半导体产业链自主化升级的发展趋势，反映半导体材料和设备上市公司证券的整体表现。 半导体材料ETF（562590），场外联接（华夏中证半导体材料设备主题ETF发起式联接A：020356；华 夏中证半导体材料设备主题ETF发起式联接C：020357）。 （文章来源：每日经济新闻） 6月23日早盘，半导体板块持续走高。截至10:51，中证半导体材料设备主题指数（931743）强势上涨 2.62%，成分股中晶科技涨停，中科飞测上涨6.75%，中微公司上涨4.67%，广立微，芯源微等个股跟 涨。半导体材料ETF（562590）上涨2.66%，冲击4连涨。流动性方面，半导体材料ETF盘中换手 5.96%，成交2005.94万元。 从资金流向数据来看 ...

【产业互联网周报是由钛媒体TMTpost发布的特色产品，将整合本周最重要的企业级服务、云计算、大 数据领域的前沿趋势、重磅政策及行研报告。】 国内资讯 华为自研仓颉编程语言将于7月30日开源 在华为开发者大会HDC2025期间，华为宣布仓颉编程语言将于7月30日开源。仓颉编程语言是华为研发 的一款面向全场景应用开发的编程语言，支持欧拉、鸿蒙等操作系统。其于2024年6月下旬首次公开发 布。 宇树科技IPO在即？投资人：首选在A股上市 宇树科技于近期完成了C轮融资，由移动旗下基金、腾讯、锦秋、阿里、蚂蚁、吉利资本共同投资。知 情人士透露，此轮融资募资规模约7亿元人民币，融后宇树科技估值达到约120亿元人民币。此次融资或 将是宇树IPO前最后一轮融资，上市前再融资的可能性较小。据悉，目前宇树科技公司和投资人都在积 极推进IPO事宜，首选在A股上市，其次是香港。今年以来，宇树科技借着AI浪潮红遍全国，已经是四 足机器人和人形机器人头部企业。 华为云基于CloudMatrix384的昇腾AI云服务全面上线 在6月20日举行的华为开发者大会2025（HDC 2025）上，华为常务董事、华为云计算 CEO张平安宣布 基于 ...

核心观点 投资建议与投资标的 美商务部拟取消在中国运营的芯片制造商的技术豁免权，或将削弱海外公司利用中国大 陆资源的优势，改变存储全球供应链格局，建议关注国内半导体产业链： 风险提示 电子行业 行业研究 | 动态跟踪 美拟收紧半导体技术豁免，利好本土产业 链 ⚫ 国际政治经济形势变动风险；半导体景气度不及预期；半导体国产化进度不及预 期。 国家/地区 中国 行业 电子行业 报告发布日期 2025 年 06 月 23 日 看好（维持） | 薛宏伟 | xuehongwei@orientsec.com.cn | | --- | --- | | | 执业证书编号：S0860524110001 | | 蒯剑 | 021-63325888*8514 | | | kuaijian@orientsec.com.cn | | | 执业证书编号：S0860514050005 | | | 香港证监会牌照：BPT856 | | 韩潇锐 | hanxiaorui@orientsec.com.cn | | | 执业证书编号：S0860523080004 | 朱茜 zhuqian@orientsec.com.cn | 部分存储涨价，AI ...

Core Viewpoint - Keysight's ML Optimizer offers a revolutionary solution for semiconductor parameter extraction, addressing the complexities and inefficiencies of traditional optimization methods [2][29]. Group 1: Challenges in Parameter Extraction - The complexity of semiconductor device models has increased, making parameter extraction a significant challenge due to the large number of interrelated parameters [6][11]. - Traditional optimization algorithms, such as Newton-Raphson and Levenberg-Marquardt, often get trapped in local optima, leading to suboptimal extraction results [7][9]. Group 2: Introduction of ML Optimizer - Keysight introduced the ML Optimizer, which utilizes machine learning techniques to dynamically learn the optimization space, allowing for simultaneous optimization of over 40 parameters and multiple target plots [12][13]. - The ML Optimizer is designed to be robust against noise and does not rely on gradient information, making it more effective in non-convex spaces [12][13]. Group 3: Practical Applications and Benefits - In practical applications, the ML Optimizer demonstrated its efficiency by achieving good fitting for a diode model in approximately 300 trials, regardless of initial conditions [16]. - For the GaN HEMT model, the ML Optimizer completed parameter extraction in under 6000 trials within minutes, showcasing its speed and effectiveness [17]. - The optimizer enhances convergence and robustness through an integrated cost function, allowing it to handle complex models like BSIM4 and ASM-HEMT [18][19]. Group 4: Summary and Future Outlook - The ML Optimizer significantly simplifies the parameter extraction process, reducing modeling time from several days to just hours while improving fitting quality and consistency [29]. - The tool was showcased at IC-CAP 2025, with a recorded webinar available for further insights and demonstrations [23].

Core Insights - Arm Holdings (ARM) faces increasing risks of slower growth in China due to the country's shift towards RISC-V architecture, which contributed 19% of ARM's total sales in fiscal 2025, with revenues from China rising only 7.5% year over year [1][7] Group 1: Market Dynamics - China's ambition to localize its semiconductor ecosystem is driving the promotion of RISC-V as an alternative to Arm's proprietary models, offering cost advantages and design flexibility [2] - Major Chinese tech firms, including Alibaba Cloud, Huawei, Tencent, and ZTE, are backing RISC-V, which raises competitive pressure on ARM's presence in China [3][7] Group 2: Competitive Landscape - NVIDIA and AMD are closely monitoring China's shift to RISC-V, as it poses a threat to their market positions in AI hardware and server chips [4][5] - AMD's EPYC server chips directly compete with China's new Lingyu RISC-V server chip, indicating potential market share erosion for AMD if RISC-V adoption accelerates [5] Group 3: Financial Performance - ARM's stock has gained 18% year to date, outperforming the industry's 5% rally, but it trades at a forward price-to-sales ratio of 31.5, significantly higher than the industry's 8.1 [6][8] - The Zacks Consensus Estimate for ARM's earnings has been declining over the past 60 days, reflecting potential challenges ahead [10]

As a tech-focused industry Research Analyst, I aim to provide differentiated insights, whether it is for investing, trading, or informational reasons. For this purpose, I am not a classical equity researcher from the financial sector, but, I come from the IT world as the Director of Keylogin InfoTech and my insights are based on my own experience investing for 25 years.Also, my research is often backed by analytics and I make frequent use of charts to support my position.Based on losses during the GFC, I am ...

14 June 2025 | 12:16AM HKT China semis: XDLK (688582.SS, Not Covered): MEMS gyroscope and accelerometer on growing client adoption; expanding to new We talked with XDLK (688582.SS, Not Covered) management recently. The company provides MEMS IMU (Inertial Measurement Unit) including MEMS gyroscope and MEMS accelerometer for industrial, energy, and innovative applications (autonomous driving, eVTOL, robotics etc.). The company delivered 1Q25 revenue growth of 292% YoY, driven by new MEMS gyroscope orders, and ...