➀ The SEMI Silicon Manufacturers Group (SMG) reported that 2024 silicon wafer shipments fell 2.7% to 12,266 million square inches and wafer revenue contracted 6.5% to $11.5 billion.

➁ Demand for silicon wafers in the second half of 2024 started to recover from the industry downcycle seen in 2023, and is expected to continue into 2025.

➂ Generative AI and new data-center construction are driving demand for advanced foundry and memory devices like HBM, while most other markets are still recovering from excess inventory.

➀ Xi'an Yishuiwei Materials, a leading domestic silicon wafer manufacturer, has had its IPO application accepted on the Science and Technology Innovation Board.

➁ The company is the largest 12-inch silicon wafer manufacturer in mainland China, with a global market share of about 7% in terms of production capacity and 4% in monthly shipments.

➂ Established in 2016, Xi'an Yishuiwei has become a strategic supplier to major global silicon wafer suppliers, providing silicon wafers to most of the domestic leading logic wafer fabs.