Core Viewpoint - The article highlights the significant advancements in China's semiconductor industry, particularly showcased at the 2025 Bay Area Semiconductor Industry Expo, where domestic companies like New Kai Lai are making strides in technology and innovation, challenging foreign competitors [3][7][10]. Group 1: Industry Developments - The Bay Area Expo attracted over 600 companies, featuring key areas such as wafer manufacturing, advanced packaging, and chip design, with a focus on new technologies and products [7][12]. - New Kai Lai's subsidiary, Wanliyan, introduced a 90GHz ultra-high-speed oscilloscope, ranking second globally in its category, which supports the semiconductor industry's development [8][9]. - Major companies like Huichuan Technology and China Resources Microelectronics are also making significant advancements, with Huichuan launching a new intelligent electrical design software platform that reduces design costs and time [9][10]. Group 2: Investment and Funding - The Shenzhen Semiconductor and Integrated Circuit Fund was launched with an initial scale of 5 billion yuan, focusing on semiconductor equipment, chip design, and advanced packaging [11][12]. - The "Big Fund Phase III" is set to have a registered capital of 344 billion yuan, indicating a strong commitment to advancing China's semiconductor capabilities [13]. - The fund's investment strategy includes supporting key equipment acquisitions and fostering international competitiveness in chip design and advanced packaging [11][13]. Group 3: Challenges and Opportunities - Despite progress, challenges remain in core equipment and materials, particularly in advanced lithography machines and high-end chemicals, which require ongoing efforts for breakthroughs [14]. - The industry is transitioning from a "middle strong, both ends weak" structure to a phase of "multiple breakthroughs" and "core limitations," indicating significant progress [13][14].

Core Insights - The 2025 Bay Area Semiconductor Industry Ecosystem Expo (Bay Chip Expo) opened in Shenzhen, showcasing significant interest in domestic semiconductor companies, particularly in the context of innovation and technology advancement [1][3] - New Kai Lai's subsidiary, Wan Li Yan, introduced a high-speed real-time oscilloscope with a bandwidth of 90GHz, which ranks second globally, indicating a shift from passive replacement to independent innovation in the semiconductor industry [3][6] - The expo attracted over 600 companies and featured key areas such as wafer manufacturing, advanced packaging, and AI chip ecosystems, highlighting the rapid development and diversification of the semiconductor sector in China [5][10] Company Highlights - New Kai Lai showcased 16 products covering the entire chip manufacturing process, emphasizing its capability to produce equipment comparable to or superior to international counterparts [5][8] - Huichuan Technology launched the Yuwo iFA Evolution platform, which aims to enhance efficiency in industrial automation, reducing mechanical design costs and time by 50% and electrical debugging time by 60% [7] - Huazhong Microelectronics reported progress on its 12-inch wafer manufacturing lines, focusing on high-end power products, with plans to achieve operational capacity by the end of 2024 [8] Investment and Funding - The Shenzhen Semiconductor and Integrated Circuit Fund was launched with an initial scale of 5 billion yuan, focusing on semiconductor equipment, chip design, and advanced packaging, indicating a strong commitment to supporting the industry [10][11] - The "Big Fund Phase III" with a registered capital of 344 billion yuan is set to significantly impact the semiconductor sector, with investments aimed at overcoming technological barriers and enhancing domestic capabilities [11][12] - The investment strategy includes supporting key equipment acquisitions, fostering potential chip design companies, and strengthening advanced packaging capabilities to break through overseas patent restrictions [10][12] Industry Trends - The semiconductor industry in China is transitioning from a "strong middle, weak ends" structure to a phase of "multiple breakthroughs" and "core limitations," showing significant progress in various segments [12][13] - Domestic companies have made strides in mid-process equipment for chip manufacturing, with local firms like North Huachuang and Tuo Jing Technology gaining recognition in international supply chains [12] - Despite advancements, challenges remain in the areas of advanced lithography machines and high-end materials, indicating a need for continued focus and investment [13][14]

Core Insights - The 2025 Bay Area Semiconductor Industry Ecological Expo attracted significant attention, with over 600 exhibitors and a notable increase in visitor traffic, particularly around the company New Kylin [1][2] - New Kylin did not unveil the anticipated lithography machine but showcased optical measurement equipment and models of etching products, drawing a large audience [2][3] - The event highlighted the emergence of new semiconductor companies in the Greater Bay Area, alongside established domestic leaders, showcasing a diverse range of products and innovations [1][4] Company Highlights - New Kylin's subsidiary, Wanliyan, introduced a new generation of ultra-high-speed real-time oscilloscopes, boasting a 500% performance improvement over existing domestic products, targeting applications in semiconductor, 6G communication, and smart driving [2][3] - Another subsidiary, Qiyunfang Technology, launched two EDA software products with a 30% performance enhancement over industry benchmarks, aimed at reducing hardware development cycles by 40% [3] - Industrial control leader, Huichuan Technology, presented a smart electrical design software platform that can cut design costs and time by 50% and 60% respectively [5] Industry Trends - The expo showcased over 115 semiconductor companies from Shenzhen, indicating a robust local industry presence [4] - The Greater Bay Area is positioning itself as a third major hub for China's semiconductor and integrated circuit industry, complementing the Yangtze River Delta and Beijing-Tianjin-Hebei regions [7] - Shenzhen's government is heavily investing in the semiconductor sector, with a 50 billion yuan fund established to support key areas of the industry, contributing to a projected industry scale of 2,564 billion yuan in 2024, a 26.8% year-on-year increase [8]

Core Insights - The 2025 Bay Area Semiconductor Industry Ecological Expo attracted significant attention, with over 600 exhibitors, and New Kai Lai emerged as a major highlight despite not launching new products [1][2][4] - New Kai Lai's subsidiaries showcased advanced testing solutions and EDA software, indicating strong innovation capabilities within the company [2][3] - The Bay Area is positioning itself as a critical growth hub for China's semiconductor and integrated circuit industry, supported by government initiatives and a robust industrial ecosystem [7][8] Company Highlights - New Kai Lai's subsidiary Wanliyan introduced a new generation of ultra-high-speed real-time oscilloscopes, improving performance by 500% compared to existing domestic products [2][3] - Another subsidiary, Qiyunfang Technology, launched EDA software that enhances design efficiency and reduces development cycles by 40% [3] - The company attracted significant foot traffic at the expo, indicating strong market interest and engagement [1][2] Industry Developments - The expo featured over 115 semiconductor companies from Shenzhen, showcasing a variety of products and innovations [4] - The semiconductor market is experiencing growth, with companies like Runpeng Semiconductor reporting increased production capacity and market demand driven by rising storage prices [4] - The Bay Area is emerging as the third major hub for integrated circuits in China, alongside the Yangtze River Delta and Beijing-Tianjin-Hebei regions, with over 12,000 industry chain enterprises contributing to a collaborative ecosystem [7][8] Government Support - The Shenzhen government is significantly investing in the semiconductor industry, with a 5 billion yuan fund established to support key areas and technologies [8] - Policies promoting high-quality development in the semiconductor sector have been implemented, aiming to enhance core competitiveness [8] - The semiconductor and integrated circuit industry in Shenzhen reached a scale of 256.4 billion yuan in 2024, reflecting a year-on-year growth of 26.8% [8]