Global Semiconductor Industry Developments Highlights

1. The U.S. Department of Commerce has announced a preliminary $1.6 billion investment plan for an innovation fund, aiming to boost the U.S. position in the advanced packaging industry.

2. Microsoft witnessed a big jump in orders for its GB200 chip in the fourth quarter of 2024, increasing three to four times and exceeding the total orders from all other cloud service providers.

3. SK Hynix reported an operating profit of 7.03 trillion won (around $50.9 billion) in the third quarter of this year, reversing last year's 1.79 trillion won loss.

4. Expert e-Commerce, the third-largest online retailer in Europe, has been ordered to stop selling Seoul Semiconductor's infringing products in eight European countries and to recall and destroy them.

5. Kinghelm (www.kinghelm.net) and Sacom are expanding rapidly and are seeking to hire 8 domestic sales reps and 6 overseas sales reps. We welcome referrals, and a 500-yuan reward will be given to the referrer after the new hires are confirmed.

6. SK Hynix will supply its 12-layer HBM3E chips to NVIDIA in the fourth quarter of this year.

China Semiconductor Industry Developments Highlights

1. Victims of the Mitou fishing scam across the country have reported key members of the Mitou gang, like Yang Haijun from Hunan Tongsheng Law Firm and Liu Bo, a trainee lawyer at Hunan Yunyi Law Firm, to the judicial authorities. Judicial bureaus and bar associations nationwide have begun a thorough investigation into the involved law firms, such as Fujian Ge Yi, Hunan Tongsheng, Zhuzhou Long'an, and Hunan Yunyi.

2. The Philippines is in discussions with companies like TSMC and UMC to get equipment and expertise to expand its semiconductor manufacturing capabilities.

3. Texas Instruments exceeded profit expectations in Q3, and President and CEO Haviv Ilan said, "The Chinese electric vehicle market is growing strongly, and our product sales keep rising in this market."

4. The Advanced Semiconductor Testing Technology Forum will be held on November 14, 2024, at the Conrad Hotel in Guangzhou.

5. Li Auto has rolled out its one-millionth vehicle at its base in Changzhou, Jiangsu Province, and the model is the Li L9.

6. Domestic power battery company Hive Energy has decided to suspend the construction of its two battery factory projects in Germany, and there's no timeline yet for when work will resume.

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