中国正在收紧针对全球半导体公司的所谓并购陷阱。美国芯片巨头英伟达——已经深陷中美贸易紧 张局势——是主要目标，但分析师表示，韩国企业也远非安全。 来源：内容来自 koreajoongangdaily 。 此 案 的 核 心 是 英 伟 达 2020 年 收 购 以 色 列 高 速 互 连 芯 片 及 解 决 方 案 开 发 商 Mellanox 的 交 易 。 Mellanox的InfiniBand技术广泛应用于大型数据中心的建设。 国家市场监督管理总局经过12个月的审查批准了这笔交易，但附加条件包括"无歧视地向中国市场 供应产品"。然而，去年12月，该监管机构突然再次开始调查这笔交易，并在中美两国进行敏感贸 易谈判之际，通知英伟达涉嫌违反反垄断法。据彭博社9月16日报道，美国财政部长斯科特·贝森特 称，这笔交易"时机不当"。 英伟达斥资 69 亿美元收购 Mellanox 被认为是一招妙招，将该公司从一家图形处理器 (GPU) 供 应商转型为一家业务范围更广的人工智能基础设施公司。如今，中国似乎正在冲击英伟达的核心业 务。 SK海力士可能也深陷其中。2021年12月，该公司经过14个月的等待，终于获得国家市 ...

Market Performance - The main board saw significant gains with notable stocks such as Dawei Technology (+10.05%), Guanshi Technology (+10.01%), and Shanghai Film (+10.00%) [1] - The ChiNext board led with impressive increases, including Guomai Culture (+20.00%) and Hanbo High-tech (+16.77%) [1] - The Sci-Tech Innovation board also experienced growth, with Bangyan Technology (+4.42%) and Hongquan IoT (+4.18%) [1] - Active sub-industries included SW Film and Animation Production (+1.80%) and SW General Publishing (+1.58%) [1] Domestic News - Aibang VR industry news reported that Sanji Light successfully received orders for AR professional-grade 10K-level holographic waveguides, with strong order continuity expected [1] - Xihu University incubated a company that achieved 12-inch silicon carbide substrate laser stripping, significantly reducing material loss and enhancing processing speed [1] - Weishi Electronics officially launched its high-end backlight display module and smart decorative display panel project, with an expected annual output value exceeding 3 billion yuan [1] - Zhuhai Weilan New Energy Technology announced the production of the world's first 314Ah large-capacity semi-solid battery, marking a significant milestone in the industry [1] Company Announcements - Shengyi Technology reported a total operating income of 20.388 billion yuan for 2024, a year-on-year increase of 22.92%, with a net profit of 1.739 billion yuan, up 49.37% [2] - Inspur Information announced a total operating income of 114.767 billion yuan for 2024, reflecting a year-on-year growth of 74.24%, with a net profit of 2.292 billion yuan, up 28.55% [2] - Guangke Technology reported a total operating income of 999 million yuan for 2024, a year-on-year increase of 40.71%, with a net profit of 67 million yuan, up 12.32% [2] - Baoding Technology announced a total operating income of 2.894 billion yuan for 2024, a year-on-year decrease of 4.85%, but a net profit of 248 million yuan, up 33.7% [2] Overseas News - SK Hynix completed the acquisition of Intel's NAND flash memory division, integrating these assets into its U.S. subsidiary Solidigm to enhance SSD R&D collaboration [3] - Ajinomoto plans to invest at least 25 billion yen by 2030 to increase semiconductor material production capacity by 50% [3] - NVIDIA is in advanced negotiations to acquire GPU distributor Lepton AI for several hundred million dollars, aiming to expand its cloud and software business [3] - The Indian federal cabinet approved a subsidy of 229.2 billion rupees for the production of electronic components, covering parts used in displays and camera modules [3]

Core Viewpoint - SK Hynix has emerged as a leading supplier of high-bandwidth memory (HBM) for NVIDIA, driven by the booming demand for artificial intelligence (AI) semiconductors, resulting in record financial performance in the past year [1][2]. Financial Performance - SK Hynix achieved a record sales revenue of 66.193 trillion KRW and an operating profit of 23.467 trillion KRW, marking a significant rebound in the semiconductor industry [1]. - The company's total debt decreased by approximately 23% to 22.6837 trillion KRW, with nearly 7 trillion KRW repaid in the past year [2]. Market Dynamics - The company's sales in the U.S. surged 2.6 times, accounting for over 63% of total sales, primarily due to demand from major tech companies like NVIDIA [1][2]. - The successful mass production of the fifth-generation HBM3E product has helped maintain SK Hynix's leading position in the HBM market [1]. Investment and R&D - SK Hynix's R&D expenses reached a historic high of 4.9544 trillion KRW, increasing by 800 billion KRW from the previous year [3]. - Capital expenditures (CAPEX) nearly tripled to 17.956 trillion KRW, reflecting investments in HBM demand response and infrastructure [3]. Strategic Initiatives - The company announced the launch of its sixth-generation HBM4 prototype, aimed at addressing significant technological demands from market leaders like NVIDIA [2]. - SK Hynix's president is participating in the China Development Forum, engaging with global tech leaders to explore investment opportunities [3].