IDMs Seize “China for China” Opportunities through Proactive Collaboration with Chinese Foundries in Development of Manufacturing Processes

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2024-12-13

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TrendForce indicates that heightened geopolitical tensions are driving IDMs to seize "China for China" opportunities through collaborations with Chinese foundries. Driven by localization and cost-cutting demands in China's automotive market, European and Japanese IDMs like STMicroelectronics, Infineon, NXP, and Renesas are actively partnering with Chinese foundries such as SMIC and HHGrace to develop automotive MCUs and other products. This collaboration will help Chinese foundries enhance their technology platforms and achieve a more autonomous supply chain. These partnerships are expected to contribute to wafer output and revenue starting in 2H25 at the earliest.

＜Total Pages：7＞

Category: Semiconductors

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