Core Insights - The Chinese semiconductor industry is experiencing a significant transformation, moving from reliance on foreign technology to developing a robust domestic ecosystem that includes breakthroughs in materials, hardware, and software [1][2][8]. Industry Developments - The recent "Bay Chip Exhibition" showcased the advancements in China's semiconductor ecosystem, highlighting companies like Wanliyan, Fangzheng Microelectronics, and research institutions that are making strides across the entire supply chain [1][3]. - Wanliyan's new ultra-high-speed real-time oscilloscope, which surpasses 90GHz bandwidth, represents a significant leap in domestic technology, breaking the foreign monopoly on high-end oscilloscopes [4][1]. - Jiangfeng Electronics has successfully produced domestically manufactured high-purity tantalum targets, achieving the highest global shipment volume and reducing reliance on foreign suppliers [3][1]. Hardware and Software Innovations - The domestic semiconductor industry is addressing hardware gaps, with companies like Fangzheng Microelectronics achieving the highest production capacity for SiC automotive chips in China [7][1]. - EDA software, traditionally dominated by foreign firms, is being developed domestically, with companies like Qiyunfang releasing proprietary software that enhances performance and reduces development cycles [5][1]. Collaborative Ecosystem - The collaboration between companies and research institutions is crucial for overcoming challenges in the semiconductor industry, with platforms like Shenzhen Pinghu Laboratory facilitating the validation and introduction of domestic equipment [8][9]. - The Shenzhen Advanced Electronic Materials International Innovation Research Institute is focusing on developing key materials for advanced packaging, filling gaps in the domestic high-end electronic materials market [10][11]. Global Engagement - Foreign semiconductor giants are increasingly investing in China, with companies like NXP and GlobalFoundries planning to localize production and collaborate with Chinese firms [12][13]. - The overall scale of China's integrated circuit industry is projected to reach approximately 1.43 trillion yuan in 2024, reflecting a growth rate of 16.7% [12][1].