What about domestic semiconductors from design, manufacturing, packaging, testing, equipment, and materials? (I)

The cyclical fluctuations are upward, and the market size exceeds 400 billion US dollars:

Semiconductors are the core of electronic products and the cornerstone of the information industry. Due to the characteristics of wide downstream applications, many production technology processes, many product types, fast technology upgrades, and high investment risks, the industry chain has become more and more clear from integration to verticalization, and has experienced two spatial Industrial transfer. The global semiconductor industry is roughly a period of 4-6 years. The business cycle is closely related to macroeconomics, downstream application demand and its own capacity inventory. The semiconductor industry market in 2017 exceeded 400 billion US dollars, and the memory chip is the main driving force.

Supply and demand changes spread, and innovative applications drive the business cycle to continue:

The fundamental reason for the price increase of this round of semiconductor is the change of supply and demand, and it is transmitted along the industrial chain. Whether the price increase continues or depends on supply and demand. NAND will reduce the price of capacity release, and the DRAM and wafer production capacity will continue to rise. Looking forward to the future, with the development of many innovative applications such as the Internet of Things, blockchain, automotive electronics, 5G, AR/VR and AI, the semiconductor industry is expected to maintain a high degree of prosperity.