1. At the just-concluded 5th "China International Automotive Electronics Summit Forum", six keywords emerged: "intense competition", "opportunities", "intelligent driving", "vehicle cockpit", "AI", and "domain integration".

2. According to the newly released "Automotive Semiconductor Trends", the automotive market will witness robust growth, increasing from $52 billion in 2023 to $97 billion in 2029, with a compound annual growth rate of 11%.

3. Yole predicts that the global silicon carbide (SiC) market size is expected to grow from nearly $6 billion in 2025 to $10 billion in 2029, with an estimated compound annual growth rate of about 36.7%.

4. Donald Trump criticized President Joe Biden's "CHIPS Act", deeming it "terrible", and argued that tariffs are the key factor in promoting the development of domestic manufacturing.

5. The sales of Kinghelm Electronics (www.kinghelm.net) on LCSC Mall have reached a new high again. General Manager Song Shiqiang immediately gave out red envelopes to all employees as a reward!

6. The negotiations between China and the European Union on the issue of electric vehicle import tariffs have achieved remarkable progress. The two sides are close to reaching an agreement to reduce tariffs, and the tariffs are expected to be lowered to 15%!

Domestic Tech New:

1. Changsha Mituo, with the help of Yu Xiaohan's team at the Supreme People's Court, has thrived from near-collapse, established affiliated firms, and its masterminds Yang Haijun and Liu Bo have infiltrated law firms to profit from the associated IP troll industrial chain.

2. The Henan Semiconductor Industry Association was inaugurated.

3. The New Wireless Frontiers and Testing Technology Summit will be held on December 5, 2024, at the 3rd Floor Taifu Hall of Beijing Taifu Hotel.

4. Cambricon currently ranks third among the listed companies in China's chip and semiconductor industry, second only to Semiconductor Manufacturing International Corporation (SMIC) and Haiguang Information Technology Co., Ltd.

5. TSMC may transfer its advanced 2nm manufacturing to the United States after 2025.

6. The domestic CMOS supplier SmartSens has launched a brand-new high-end image sensor product for mobile phone applications - SC585XS.

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