证券日报网讯2月24日，康希通信在互动平台回答投资者提问时表示，公司采用Fabless经营模式，晶圆 代工成本是产品成本的重要组成部分。公司近两年已完成了境外与境内双供应链布局。希望在满足境 内、外不同客户需求的同时，合理地选择晶圆代工厂，力争与客户一起消化因贵金属价格波动而带来的 原料价格波动；公司将密切跟踪晶圆代工成本的变化情况。公司于2026年1月底取得了美国337诉讼初裁 结论，判定公司不存在侵犯Skyworks知识产权的情形，增强了境外客户与公司加强合作的信心。目前已 有多家境外客户提出重启或加大合作力度的意愿，公司希望通过出海等形式，争取更大的毛利空间，提 升公司整体盈利能力。 ...

证券日报网讯1月22日，赛微微电在互动平台回答投资者提问时表示，公司采用集成电路行业典型的 Fabless经营模式，专注于芯片设计与销售。公司不存在直接对欧盟出口的业务。公司产品终端客户包括 多个知名ODM厂商，产品广泛应用于笔记本电脑及平板电脑、智能可穿戴设备(TWS耳机等)、电动工 具、充电类产品(移动电源等)、轻型电动车辆、无绳家电(吸尘器等)等行业知名品牌的终端产品中，这 些终端客户的产品出口欧盟等国家。 ...

Group 1 - The company operates under a Fabless business model, which means it focuses on chip design and sales while outsourcing production to third-party manufacturers [2] - The Fabless model allows the company to concentrate resources on core research and development, contrasting with the IDM model that covers the entire chip production process [2] - Both Fabless and IDM business models coexist in the semiconductor industry, each with its own characteristics and advantages [2]

Core Viewpoint - The document discusses the legal opinions regarding Hunan Friendship Apollo Commercial Co., Ltd.'s acquisition of 100% equity in Shenzhen Shangyangtong Technology Co., Ltd. through share issuance and cash payment, along with the associated fundraising and related transactions [1][2]. Group 1: Transaction Overview - Hunan Friendship Apollo plans to acquire 100% equity of Shenzhen Shangyangtong, which operates in the semiconductor power device sector, utilizing a Fabless business model [2][3]. - The transaction involves issuing shares and cash payments, along with raising supporting funds, categorized as a related party transaction [1][2]. Group 2: Target Asset Technology and Development - The target asset has achieved mass production of fourth-generation (7-micron Pitch) super junction MOSFET products, with performance indicators at an internationally advanced level [2][3]. - The company is developing fifth-generation super junction MOSFET products expected to achieve 5-micron Pitch and has completed mass production of second-generation IGBT technology with 2.4-micron Pitch [2][3]. - The target asset has a strong R&D team, with 72 R&D personnel, accounting for 53.73% of the total workforce, and has invested significantly in R&D, with expenses of approximately 65.13 million yuan and 66.96 million yuan in recent periods [2][3]. Group 3: Intellectual Property and Competitive Position - The target asset holds a total of 108 domestic and international patents, including 75 invention patents and 28 utility model patents, indicating a robust intellectual property portfolio [2][3]. - The company has established a knowledge management system to ensure timely and effective conversion of R&D results into intellectual property [7][10]. Group 4: Historical Development and Shareholder Structure - The target asset was established in June 2014, with significant changes in control and shareholding structure over the years, including multiple rounds of financing and share transfers [11][12]. - The document highlights the involvement of various financial investors and the implications of share transfers among existing shareholders, including low-priced transfers to employee stock ownership plans [11][12].