Autonomous vehicles will enter mass production by 2020 as more and more major auto makers in recent years have committed to their R&D, according to Topology, a division of TrendForce. Furthermore, the scale of the market will likely surpass a million vehicle mark by 2035.
On March 12, a Chinese consortium led by Summitview Capital announced its acquisition of Integrated Silicon Solution (ISSI), a fabless IC company listed on the NASDAQ, for 640 million USD. And with this acquisition, the Chinese government has officially declared its entry into the semiconductor manufacturing sector.