Over the past half century, innovation in computing technologies have rapidly changed society, especially the semiconductor industry which is at the core of technological revolution. The consumer side has always been the most important force, due to the rise of the smart phones and related intelligent hardware. Remote home offices and online schools have become the main forms of working and studying since the outbreak of COVID-19, leading to skyrocketing demand for smartphones, tablet computers and other smart electronic devices, thereby demand for semiconductor chips. In the automotive field, more and more electronic devices are applied to a range of vehicles from manual driving to autonomous driving. For example, voltage control and battery management all require semiconductor chips, driving demand growth for automotive chips. In the global automotive semiconductor market, the value of semiconductors on each vehicle is expected to increase ten-fold by 2035. The upsurge of intelligent hardware and electric vehicles also brings with it substantial demand for storage. Since global data volume is expected to increase to 10 trillion gigabytes by 2030, the demand for integrated chips is also expected to increase.
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