Core Viewpoint - The 2025 Bay Area Semiconductor Industry Ecosystem Expo in Shenzhen highlights the growing confidence and systemic advancements in China's semiconductor industry, moving beyond single-point innovations to a comprehensive approach that covers the entire manufacturing process [1][2]. Group 1: Industry Developments - The expo showcased 31 models of semiconductor equipment from New Kailai, emphasizing the importance of a complete process chain in semiconductor manufacturing, which is crucial for industrial breakthroughs [1]. - The introduction of the domestic 90GHz oscilloscope signifies a shift towards self-sufficiency in high-end testing equipment, reducing reliance on international suppliers and enhancing the innovation ecosystem [2]. Group 2: Strategic Implications - The presence of domestic equipment options allows Chinese semiconductor companies to transition from being dependent clients to collaborative innovators, reshaping the dynamics with international equipment manufacturers [2]. - The evolution of the semiconductor industry is characterized by gradual improvements in process parameters and material purity, rather than dramatic product launches, establishing a solid foundation for sustainable growth [3].