Core Insights - RISC-V architecture has achieved a market penetration rate of 25%, establishing itself as a strong competitor alongside ARM and Intel, with significant support from Chinese chip manufacturers [1] - The RISC-V architecture is genuinely open, allowing chip companies to customize and expand upon it, unlike ARM, which has faced restrictions due to U.S. pressures [3][5] - The cost advantages of RISC-V, including minimal licensing fees and lower manufacturing process requirements, have attracted many Chinese chip companies to develop RISC-V-based chips [3][5] Industry Developments - Chinese chip companies initially focused on RISC-V for IoT chips due to the need for lower costs and power consumption, leading to a significant presence in the global IoT market [5] - As of June this year, China's three major telecom operators collectively have 2.8 billion IoT users, highlighting the vast market potential, although the average revenue per user (ARPU) remains low [5] - The development of RISC-V has accelerated due to U.S. pressures, leading to a rapidly forming ecosystem that may challenge ARM and Intel in various sectors [7]