Kinghelm and SlkorMicro's General Manager, Song Shiqiang (right), engaged in in-depth discussions with Gallium Future Company at the 2024 Munich Shanghai Electronics Exhibition

International News

1. The New York Times reported that Russia continues to heavily utilize chips from American companies such as AMD, Texas Instruments, Micron, and Intel in its missile systems.

2. According to Verified Market Research's forecast, the global GPU chip market size is expected to reach $109.1 billion by 2025 and is projected to grow to $477.4 billion by 2030.

3. In Q2 2024, global silicon wafer shipments increased by 7.1% quarter-on-quarter to 3035 million square inches (MSI), but decreased by 8.9% compared to the same period last year's 3331 million square inches.

4. NVIDIA has announced a series of significant software updates aimed at enabling more types of enterprises to easily use and deploy generative AI.

5. Kinghelm Electronics (www.kinghelm.net) and SlkorMicro Semiconductor have registered to participate in the 2025 Munich Shanghai Electronics Fair, welcoming friends from all sectors and new and old customers to come for exchange and guidance!

6. Korea's GJL Company has signed a cooperation agreement with Wuxi City to establish its China headquarters project in Wuxi High-tech Zone, aiming to build a semiconductor etching equipment R&D and manufacturing base in Wuxi.

China News

1. The 2024 Fortune China 500 list has been released, with these enterprises achieving a total revenue of $14.6 trillion in 2023 and a net profit of $706.4 billion.

2. The 25th China International Optoelectronic Exposition (CIOE) will be held at the Shenzhen International Convention and Exhibition Center from September 11-13, 2024.

3. China has announced optimized adjustments to export control measures for drones, aimed at further regulating international drone trade to safeguard national security and interests. The new measures will officially take effect on September 1.

4. Suzhou has produced another super unicorn, InnoSight, valued at over $23.5 billion (Series E financing). Third-generation semiconductors are the key entrepreneurial focus for founder Luo Weiwei.

5. Huadong Heavy Machinery reviewed and approved the "Proposal on the Acquisition of Equity and Capital Increase of Xiamen Ruixintu Chip Technology Co., Ltd.", aiming to enter the GPU chip field.

6. IDEAL Automotive has released its 30th week (July 22 to July 28) car brand sales chart, with sales reaching 12,800 units, ranking first in the Chinese market's new energy vehicle brand sales for the 14th consecutive week.

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