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].