Oct 15 — At its half-year results meeting Xinjieneng said China’s power
The semiconductor industry is undergoing a structural shift driven by AI compute and
new-energy demand and is entering a new cycle of simultaneous volume and price
gains. Inventories are being rebalanced and the sector is moving into a
higher‑quality recovery. Demand is concentrated in AI compute infrastructure and
new-energy vehicles. Domestic suppliers are winning share on cost‑effectiveness,
faster response and local service; customers are actively adopting local
solutions and scaling volumes, accelerating domestic substitution. Xinjieneng is
expanding foundry/outsourced capacity and ramping its in‑house packaging plant
to secure deliveries while improving profitability.
