With the rapid development of technology and continuous changes in the market, China's semiconductor industry is ushering in a new spring. As a leader in the industry, Xinlian Integrated released its performance report for the first quarter of 2024 on April 29th, revealing the company's latest progress and market performance in the research and development field.

According to the latest financial data released, the R&D investment of Xinlian Integration increased significantly by 36.32% year-on-year in the first quarter of 2024. This significant growth reflects the company's firm confidence and forward-looking layout for future development. Xinlian Integrated believes that with the recovery of market demand, it is now a crucial period to increase research and development efforts and prepare for the upcoming stage of strong market demand. The company's goal is to gain and consolidate more market share in the mid to high end technology and product market.

In the field of automotive electronics, integrated chip technology is constantly driving technological innovation. The company continues to maintain sufficient R&D investment in 12 inch automotive grade BCD platforms, SIC mosfets, power modules, and other areas, continuously optimizing product performance to meet the automotive industry's requirements for high-quality chips. Xinlian Integrated has released multiple new platforms such as high-voltage BCD and embedded digital analog hybrid control BCD, and the new generation of in vehicle IGBT chips, multiple SiC modules, and hybrid module samples have been validated on the client side, starting to be imported and mass-produced in large-scale customers.

In addition, Xinlian integration has made significant progress in the fields of wind and solar energy storage and industrial control. The company has developed and imported multiple products based on the application requirements of new terminal models, including high-power photovoltaic inverter products, high-power energy storage PCS products, and high-power products for high-voltage and high-power wind power. With these high-power, high reliability, and high stability products, Xinlian Integrated has become an important supplier for leading global wind and solar energy storage and charging enterprises.

In the increasingly growing green and smart home appliance market, Xinlian Integration has also followed the trend and successfully developed a full range of intelligent power module products. These products cover a wide range of applications in green and smart home appliances, not only improving the level of home appliance intelligence, but also contributing to energy conservation and emission reduction. At present, these products have started mass production and are gradually occupying the market.

The performance report of Xinlian Integration not only demonstrates the company's profound technological accumulation and innovation capabilities, but also reflects its accurate judgment and rapid response to market trends. In today's increasingly fierce competition in the global semiconductor industry, the series of strategic measures taken by Xinlian Integration will undoubtedly greatly enhance the company's competitiveness in both domestic and international markets.

As a leading semiconductor company, the performance report of Xinlian Integrated not only brings confidence to investors, but also points the direction for the entire industry. With the continuous increase in research and development investment and the continuous launch of new products, Xinlian Integration is at the forefront of a new round of technological innovation, leading the Chinese semiconductor industry towards a more high-end and broader market. In the future, we have reason to believe that SMIC will play an increasingly important role in the global semiconductor industry, adding points to Chinese manufacturing and contributing Chinese wisdom to the development of global semiconductor technology.

Fushite Technology is deeply involved in the field of power devices, providing customers with power devices such as microcontrollers (MCUs) and touch chips. It is an electronic component supplier and solution provider with core technology.