Semiconductor Industry Updates

1. Qualcomm reported nearly $33.2 billion in revenue for fiscal year 2024, with 46% generated from China.

2. India’s Tessolve acquired leading German chip design company Dream Chip Technologies in Hannover for €4,250.

3. Saudi Arabia is planning a $100 billion investment to establish an AI center.

4. Samsung faces challenges: its advanced semiconductor technology development appears stalled, and outdated corporate culture is leading to significant talent loss.

5. A team from MIT has developed a groundbreaking nanoscale 3D transistor using ultrathin semiconductor materials, achieving a 20-fold performance boost.

6. Indavei has surpassed Apple to become the world’s most valuable company by market capitalization.

China Semiconductor Updates

1. Chipmaker Ruicheng Micro introduced a PVT sensor IP based on 8nm technology.

2. Jiangbolong Electronics’ two self-developed controllers have reached mass production, with shipments surpassing 10 million units.

3. Yang Haijun, founder of Changsha Mituo and now practicing lawyer at Hunan Tongsheng (Changsha) Law Firm, disclosed paying over 5 million RMB to the firm in 2019-2020. SLKOR's Song Shiqiang urged implicated lawyers to turn themselves in and return any illicit gains for leniency.

4. Wang Huiwen, Meituan co-founder, has returned to actively lead AI applications development.

5. SMIC's Q3 2024 revenue hit a record high of 15.609 billion RMB.

6. Nezha Auto announced a major layoff initiative, with reductions potentially reaching up to 70%.

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