Core Viewpoint - The article discusses China's significant advancements in the semiconductor industry, particularly in mature chips, despite restrictions imposed by the US and its allies on advanced chip technologies [1][3]. Group 1: Market Position and Achievements - China has become the largest chip manufacturing country globally, capturing a substantial market share in mature chips and breaking several market barriers [3]. - The domestic storage chip industry has made progress, with a fully domestic production line established for chips using a process technology of several nanometers [3]. - A Chinese chip company has successfully developed chips equivalent to 7nm technology, showcasing the advanced capabilities of domestic chip manufacturing [5]. Group 2: Technological Developments - Domestic EDA tools have rapidly developed to replace US tools, leading to the US allowing Chinese companies to use EDA tools again [5]. - Significant breakthroughs have been made in various chip categories, including RF chips, analog chips, automotive chips, and home appliance chips, increasing the proportion of domestic chips in Chinese smartphones [5]. Group 3: Automotive Chip Market - A Chinese automotive company has designed and manufactured its own automotive chips, achieving a position among the top ten global automotive companies and supplying chips to domestic manufacturers [7]. - The market share of domestic automotive chips has significantly impacted foreign companies, with STMicroelectronics reporting a loss of $97 million in Q2, compared to a profit of $865 million in the same period last year [7]. Group 4: AI Chip Developments - Despite US restrictions on NVIDIA supplying advanced AI chips to China, domestic AI chip companies have produced chips that outperform NVIDIA's H20 chip, leading to a lack of interest from Chinese companies in purchasing the latter [7]. Group 5: Export Growth - China's chip exports have surged, with mature chips being exported at significantly lower prices, contributing to an export value exceeding 1 trillion yuan [9]. - Mature chips account for 70% of the global chip market, and Chinese chips are being sold at prices that are often half of their US counterparts, increasing their competitiveness in the global market [9].