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Global semiconductor market size is expected to break the trillion-dollar mark ahead of schedule, Meijia Yin Control Holdings surges over 20% in late trading
On March 12, Meijinon Holdings (06939.HK) surged over 20% in the late trading session, with a weekly increase of over 50%. On the same day, Hong Kong semiconductor stocks such as Huahong Semiconductor (01347.HK), Meijinon Holdings (06939.HK), Lankes Technology (6809.HK), Daysun Intelligent (09903.HK), and Innoscience (02577.HK) all experienced intraday gains.
According to recent announcements, Meijinon Holdings disclosed that it will introduce a new controlling shareholder. China Extreme Sea, a chip platform under Nanjing Nansha, will, through an indirectly wholly-owned subsidiary, invest approximately HKD 169 million to acquire a controlling stake in Meijinon Holdings. It is reported that China Extreme Sea is directly owned by Nanjing Nansha (81.084%), with 7.895% held by the National Integrated Circuit Industry Investment Fund Phase II and less than 5% each held by 21 other minority shareholders.
Public information shows that Zhuhai Meijinon was established in 2010 and is an indirect wholly-owned subsidiary of Meijinon Holdings Limited. It mainly engages in the research, design, development, and sales of compatible consumables chips. The company’s ASIC and SoC design solutions are at the forefront of chip technology, with multiple industry-leading technologies and patents for product development.
SEMI China President predicts that the global semiconductor market size is expected to reach $1 trillion ahead of schedule in 2026, significantly earlier than the previous forecast of 2030.
Driven by AI computing power and the global digital economy, the semiconductor market is experiencing disruptive changes. According to data released by WSTS (World Semiconductor Trade Statistics Organization) in February this year, global semiconductor sales are projected to grow 25.6% year-on-year to $791.7 billion in 2025. It is estimated that in 2026, the global semiconductor market will continue to grow strongly, with a year-on-year increase of 26.3%, reaching $975 billion. She believes that China will dominate mainstream nodes, and by 2028, China’s share of mainstream semiconductor manufacturing capacity will reach 42%.