Core Viewpoint - The semiconductor supply chain for the automotive industry is undergoing a fundamental transformation, shifting from an efficiency-first approach to prioritizing safety and controllability in response to recent chip shortages [1][21]. Group 1: Impact of Ansys Semiconductor Crisis - Ansys Semiconductor, as the largest supplier of basic semiconductor devices, holds approximately 40% of the global automotive discrete device market share, and its supply fluctuations have led to production cuts or temporary shutdowns for major automakers like Honda, Ford, Volkswagen, and Nissan [1][3]. - The crisis highlights the structural risks within the automotive chip supply chain, emphasizing the industry's demand for safety and reliability, which complicates the rapid replacement of suppliers [3][4]. Group 2: Changes in Automotive Chip Supply Chain Logic - The automotive industry has experienced its second major chip shortage in five years, with the previous shortage during the pandemic primarily caused by supply-demand imbalances [3][5]. - The current crisis has revealed that the global automotive chip inventory turnover days are generally below 40 days, significantly lower than the 60-day safety level, indicating that the industry's focus on low inventory is unsustainable in the face of supply fluctuations [4][5]. Group 3: Localization Strategies of International Chip Manufacturers - Major international automotive chip manufacturers, including Infineon, STMicroelectronics, NXP, and Texas Instruments, are accelerating their localization strategies in China to enhance supply chain stability [7][11]. - Infineon has launched a "local for local" strategy, aiming for localized production of various products by 2027, while NXP has established a dedicated China division to adapt to local market needs [7][8][9]. Group 4: Opportunities and Challenges for Domestic Chip Manufacturers - The restructuring of the automotive supply chain presents unprecedented opportunities for domestic chip manufacturers, with the localization rate of automotive chips in China expected to rise from less than 5% in 2020 to 20% by the end of 2024 [16][17]. - Despite the opportunities, domestic manufacturers face challenges such as high certification barriers, longer certification cycles, and reliance on foreign EDA tools, which can hinder their competitiveness [17][19]. Group 5: Future Trends in the Automotive Chip Industry - The automotive chip industry is expected to evolve towards a more resilient and diversified supply chain, balancing global and regional strategies, with a focus on local production and multi-source backup [21]. - The trend of "local for local" is becoming a collective action among global semiconductor companies, reflecting a recognition of the importance of the Chinese market and the need for supply chain security [14][12].