OV5640 is rapidly filling the market gap after the OV2640 discontinuation with its performance advantages and mature domestic alternatives. Driven by the demand for intelligent driving and AI equipment, global shipments are expected to reach 120 million in 2025, which will accelerate the evolution of the CMOS sensor industry to high integration and low power consumption.
Recently, the US Treasury market suffered the most violent sell-off in 20 years, and the 10-year US Treasury yield broke through the 5.2% mark, triggering a shock in global capital markets. As a capital-intensive industry, the semiconductor chip and module industry bears the brunt of the impact, from upstream equipment procurement to the end consumer market.
The list of tariff exemptions officially released by the U.S. Department of Commerce in April 2025 lists the semiconductor industry as a priority exemption area. The new policy aims to ease pressure on the US chip supply chain, while strengthening control over key technologies through "localization" provisions. This adjustment may open a new window for global semiconductor companies, but it also hides games and challenges.
TSMC faces fines of more than $1 billion for indirect violations of Chinese AI chips, and Trump's tariff threat is a key driver: "If you don't build a factory, you will pay 100% tariffs!" Forced to invest an additional 100 billion yuan to build factories and change the market, how do semiconductor giants weigh the global layout under the tough U.S. policy?
In recent years, as the core unit of the hardware system, the chip module has achieved deep penetration and innovation integration in many industries with its high integration, scene adaptation and technical scalability, and has become a key engine to promote the intelligent upgrading of the industry.
The chip module industry is experiencing a dual change of "technology + market", and domestic substitution and global competition are intertwined. In the short term, the cost advantage of mature process and scene innovation are still the main battlefield; In the long run, breakthroughs will be needed in underlying fields such as advanced processes and materials science to meet the needs of next-generation technologies such as AI and quantum computing.
