In China, we are working to improve the technology and quality of the entire semiconductor industry, including the automotive industry.

In addition, a semiconductor investment fund led by the government, government-affiliated investment companies, and state-owned banks is expected to raise a total of 686.9 billion yuan (approximately 14.4 trillion yen) over three fiscal years.
The investment fund is supporting the development of the semiconductor industry with its enormous financial resources.

In the automotive semiconductor market, the number of semiconductor chips for computing, security, wireless communication, memory, and sensors is increasing due to the addition of new functions related to electrification and intelligence, while the development and adoption of semiconductor chips that integrate multiple functions is also on the rise. In response to this situation, we plan to develop more than 30 major standards for automotive semiconductor chips by 2025 and more than 70 by 2030.

The standards are expected to cover all areas related to in-vehicle semiconductor chips, in line with the development trends of vehicle electrification, intelligence, and connectivity.