Xiamen Semiconductor Investment Group Co., Ltd. (hereinafter referred to as “Semiconductor Investment Group”) is a state-owned investment company serving Xiamen's industrial upgrading and technological innovation. As the world's largest integrated circuit market, China has ushered in a period of historical opportunity to develop the integrated circuit industry. China has determined to develop the integrated circuit industry as a strategic, basic and leading industry. Xiamen Semiconductor Investment Group plans to use the integrated circuit industry as a leading industry, and uses investment, mergers and acquisitions, capital operations and fund management as a means to create an industrial resource integration platform that operates according to market rules, covering integrated circuit design, integrated circuit package testing, and product orientation. Featured technologies, key products, core technologies and key application projects (enterprises) in the field of integrated circuit equipment and materials. The goals and tasks of the Semiconductor Investment Group:

First, from the strategic layout of the integrated circuit industry chain, practice the "internationalization, marketization, innovation" business management philosophy, investment as a link, through the integration of capital, technology, talent, market elements, provide a full range of services, Strive to become an internationally influential technology industry group;

Second, give full play to the leverage of the special funds of the integrated circuit industry, cooperate with social capital and industrial capital to set up industrial investment funds or increase capital of various industrial funds with integrated circuits as the main investment direction.

Establish and cultivate a professional investment operation team, with simple, professional, focused, efficient, cooperative, and striver-oriented, promote the investment development of the integrated circuit industry, and become the core backbone of the construction of innovative value chain.

Semiconductor is a core industry. With the growth of China's semiconductor industry and the investment of China's semiconductor industry fund, China's semiconductor industry has become the focus of attention. On January 6, 2017, the White House issued a report saying that China's semiconductor technology development has threatened the US chip makers and the national security of the United States, and proposed a more rigorous review of the business activities of Chinese chip companies. The United States has stopped many semiconductor mergers and acquisitions cases of Chinese companies in Europe and the United States.

Specifically, this joint venture, Qualcomm has been specializing in the high-end market, Spreadtrum (Exhibition Communications Co., Ltd., now under the Ziguang Technology Group Co., Ltd.), MediaTek (Taiwan Lianfa Technology Co., Ltd.) mainly in the low-end market. Therefore, Qualcomm and Spreadtrum have less competition. This time, Qualcomm entered the middle and low-end market by Datang and competed with Spreadtrum and MediaTek. The low-end mobile phone chip is the base for Chinese companies to catch up with overseas giants such as Qualcomm.

In recent years, domestic mobile phone chip design companies have made rapid progress in recent years. In the mobile phone chip market, in addition to Samsung, Apple, and Huawei Hisilicon, which are mainly used by their own mobile phones, Qualcomm, MediaTek and Spreadtrum have 80% of the market for mobile phone chips. Share, Spreadtrum and other domestic chip designers are expected to extend to the mid-range, and even the high end.

Based on the above background, while the National Fund is also vigorously supporting the semiconductor industry, the alliance of Datang Telecom, China Jianguang and Qualcomm under the state-owned assets has sparked widespread discussion.

Xiamen Semiconductor Investment Group Co., Ltd. (hereinafter referred to as “Semiconductor Investment Group”) is a state-owned investment company serving Xiamen's industrial upgrading and technological innovation. As the world's largest integrated circuit market, China has ushered in a period of historical opportunity to develop the integrated circuit industry. China has determined to develop the integrated circuit industry as a strategic, basic and leading industry. Xiamen Semiconductor Investment Group plans to use the integrated circuit industry as a leading industry, and uses investment, mergers and acquisitions, capital operations and fund management as a means to create an industrial resource integration platform that operates according to market rules, covering integrated circuit design, integrated circuit package testing, and product orientation. Featured technologies, key products, core technologies and key application projects (enterprises) in the field of integrated circuit equipment and materials. The goals and tasks of the Semiconductor Investment Group:

First, from the strategic layout of the integrated circuit industry chain, practice the "internationalization, marketization, innovation" business management philosophy, investment as a link, through the integration of capital, technology, talent, market elements, provide a full range of services, Strive to become an internationally influential technology industry group;

Second, give full play to the leverage of the special funds of the integrated circuit industry, cooperate with social capital and industrial capital to set up industrial investment funds or increase capital of various industrial funds with integrated circuits as the main investment direction.