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On June 3, the 16th Songshan Lake China IC Innovation Summit was successfully convened in Songshan Lake, Dongguan. Dai Weimin, who serves as the Vice President of the IC Design Branch of the China Semiconductor Industry Association and also holds the position of Chairman at VeriSilicon, revealed that each year, the summit typically showcases around 10 domestic chips. To date, the summit has introduced a total of 93 companies, with a notable 20.4% of them achieving post-summit listings. Furthermore, an additional 7 companies are currently in the midst of the public offering process. Statistical data indicates that the summit has cumulatively presented 129 chips, out of which an impressive 119 have entered mass production, boasting an overall mass production rate of 92.2%.
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