Core Viewpoint - The Hefei Municipal Committee emphasizes the acceleration of emerging and future industries, focusing on key sectors such as "chip, display, automotive, and integration" to enhance the scale and advantages of leading industries [1] Group 1: Emerging Industries - The strategy includes fostering the smart connected new energy vehicle industry to maintain a leading position in new energy passenger vehicles and to differentiate the layout of new energy commercial vehicles [1] - The new generation information technology industry will focus on integrated circuits and new display technologies, accelerating the application of new technologies like 3D DRAM and flexible OLED [1] - The new energy industry aims to expand the comparative advantage and market share of the energy storage sector, while promoting innovation in power battery technology [1] Group 2: Advanced Manufacturing and Materials - The new materials industry will prioritize the demand of leading industries, developing superconducting materials, semiconductor materials, and functional film materials [1] - The smart home appliance industry is set to advance towards high-end, intelligent, green, and scenario-based development, exploring new markets such as service-oriented appliances and wearable devices [1] - The high-end equipment manufacturing sector will enhance international competitiveness in fields like engineering machinery and smart equipment, while cultivating new growth points such as industrial robots and semiconductor equipment [1]

Core Viewpoint - The article highlights the rapid growth and strategic positioning of Hefei Jinghe Integrated Circuit Co., Ltd. (Jinghe Integrated) within the semiconductor industry, emphasizing its successful transition from a startup to a leading player in the display driver chip market, driven by local government support and collaboration with Taiwanese technology teams [2][4][12]. Group 1: Company Development and Achievements - Jinghe Integrated was established in 2015 as a joint venture between Hefei City Government and Taiwan's Lianjing Technology, marking the first 12-inch wafer foundry in Anhui Province [4][5]. - The company has grown to become the third-largest wafer foundry in mainland China and ranks among the top ten globally, achieving a market share of 28% in the display driver chip sector by 2024 [2][12]. - In 2024, Jinghe Integrated is projected to generate nearly 9.3 billion yuan in revenue, reflecting a 28% year-on-year increase, with net profit expected to exceed 530 million yuan, marking a growth of over 150% [2][5]. Group 2: Strategic Positioning and Market Dynamics - The company strategically focuses on niche markets, avoiding direct competition with giants like TSMC and Samsung by specializing in display driver chips and gradually expanding into advanced process nodes [4][6]. - Jinghe Integrated has successfully developed and mass-produced chips at various technology nodes, including 110nm, 55nm, and 40nm, with plans to begin production at the 28nm node in 2025 [5][6][17]. - The company has diversified its product offerings beyond display driver chips to include CMOS image sensors (CIS), power management chips (PMIC), and microcontrollers (MCU), enhancing its revenue resilience [7][17]. Group 3: Regional Ecosystem and Collaboration - Hefei's strategic initiatives, including the establishment of a complete display industry chain, have significantly benefited Jinghe Integrated, allowing for reduced logistics costs and improved supply chain efficiency [12][13]. - The proximity of key partners, such as BOE and Visionox, facilitates rapid collaboration and reduces production lead times, exemplifying the advantages of regional industrial clustering [12][13]. - The article emphasizes the importance of a collaborative ecosystem in Hefei, where companies like Jinghe Integrated, BOE, and Visionox work together to reshape the new display industry landscape in China [16].