Woofun AI reports that Shanghai Silicon Industry intends to invest 11.448 billion yuan jointly with Guosheng Group to increase capital in subsidiary Shanghai Xinsheng for 300-mm silicon wafer capacity upgrades.

Additionally, Shanghai Hejing established a joint venture on June 14 focused on SOI technology. Global giants have initiated two price adjustments this year, while domestic firms indicate prices are stabilizing with expected recovery as demand improves. Industry experts note that despite the dominance of overseas oligarchs in the 12-inch wafer market and China's self-sufficiency gap, improving industry health and accelerated domestic substitution present significant development opportunities.