In an era when the consumer experience is paramount, AIoT has become the first choice for companies to create services tailored for their consumers. Faced with rapid changes in demand of the consumer market, the global manufacturing industry is making large strides toward Industry 4.0; and AIoT is an important solution for smart manufacturing. Although research institutions define smart manufacturing differently, their definitions all note that it must be able to meet customer requirements, generate optimal decisions, and improve financial investment, reduce the inventory, and enhance contingency management capabilities. Only then can it help to enhance overall competitiveness and lay a solid foundation for the long-term development of companies.

The semiconductor supply chain is seeing dramatic changes, impacting consumer electronics head-on, and the drop in demand has further impacted IC design and IC manufacturing industries. In contrast, growth remains stable in the automotive electronics industry. In the memory industry, for instance, Chinese suppliers like GigaDevice, Ingenic Semiconductor, Macronix and Winbond continue to increase the share of automotive products in their sales, looking to tap into future growth.

Google announced in a blog on August 3 that GlobalFoundries (GF) is participating in its open-source silicon initiative as a new partner, calling the new partnership a milestone in the foundry ecosystem market.