In 2022, the semiconductor industry is facing the largest recession in history, but the international competition in the semiconductor industry will intensify in the future.

According to recent research and surveys, due to the global economic downturn and geopolitical inhibition, the quarterly financial reports of chip manufacturing giants such as SK Hynix, Samsung Electronics, and Intel show that their revenue and net profit have fallen significantly year-on-year, and Intel’s third quarter of fiscal year 2022. According to the financial report, according to the GAAP standard, Intel’s revenue was US$15.3 billion, a year-on-year decrease of 20%, and its net profit was US$1 billion, a year-on-year decrease of 85%.

After experiencing the "suffering of lack of cores", countries and regions around the world have also deeply realized the importance of chip manufacturing and innovation. Some countries have introduced core-limiting policies, excessive protection of their own chip industry and constraints on the economic development of other countries, which will become obstacles to the globalization of core manufacturing.