[Core Information] ADI cancels Wenye’s agency, Allegro rejects ON Semiconductor’s acquisition

1. ADI cancels Wenye’s agency, leaving only 2 authorized agents in mainland China

• critical time: Wenye’s final delivery deadline for ADI products isJuly 26, 2025;Need to be inBefore late AprilSubmit all remaining orders to ADI.
• Channel pattern: ADI is the only authorized agent left in mainland ChinaCLP Port, JunlongTwo families.
• background: Wen Ye has just become the world's largest distributor in 2024, and had previously lost TI's agency rights; this adjustment is due to the integration of ADI's global channels, superimposed on geographical and compliance factors.
  

2. ON Semiconductor’s $6.9 billion acquisition of Allegro rejected

• Business complementarity: ON Semiconductor plans to integrate Allegro’s advantages in automotive/industrial magnetic sensing to strengthen its smart power and sensing technology portfolioON Semiconductor。
• Latest developments: In April 2025, ON Semiconductor has officiallyWithdrawal of takeover bid, terminate transactionON Semiconductor。

3. Marvell’s data center business surged by nearly 90% in the full fiscal year

• All year round: RevenueUS$5.767 billion(+5% YoY);Data center revenue $4.164 billion(YoY **+88%**), accounting for over 70%.
• Q4: Revenue$1.817 billion(+27% YoY); Data Center$1.366 billion(+78.5% YoY).
• growth drivers: Driven by the mass production of AI customized ASIC (approximately US$700 million in a single quarter), optical module DSP, and 1.6T PAM4 chips.
• Outlook: FY2026 AI revenue targetOver $2.5 billion。
  

4. SK Hynix closes its CIS department and transfers all employees to AI storage

• Reason: The CIS market is dominated by Sony, Samsung, and OmniVision. Hynix has only 4% share and low profits; AI storage (HBM) has high growth and high profits.36 krypton。
• strategic significance: The CIS team’s logic process and customization capabilities will empower high-end AI storage products such as HBM3E and CXL.

5. Hangzhou Gallium released the world’s first 8-inch gallium oxide single crystal

• technology: Independent casting method growth, compatible with existing 8-inch production lines.
• meaning: Gallium oxide is the fourth generation of ultra-wide bandgap material, with high voltage resistance and power density 3 times higher than GaN, which is beneficial to power devices, radar, and new energy.
  

6. Neusoft Carrier: RISC-V chips have been mass-produced and contributed revenue

• Application: Smart grid, white goods, industrial control, IoT, energy storage inverter.
• Tips: Revenue proportionextremely small, there will be no significant impact on the performance in 2025.

7. Ankai Micro launches low-power Bluetooth chip AK1080 series

• Specifications: 22nm, 32-bit RISC-V core, classic Bluetooth + BLE dual mode.
• Highlights:A2DP music modePower consumption as low as 4mA, 24bit DAC, compatible with 200+ mobile phonesAnkai Microelectronics。
• scene: TWS/OWS headsets, smart helmets, Bluetooth transparent transmissionAnkai Microelectronics。
  

Summary of core trends

• Distribution landscape restructuring: Major international manufacturers have tightened their agency presence and strengthened direct supply and compliance control, benefiting local distributors (CLP Port).
• Automobile chip integration encounters obstacles: ON Semiconductor-Allegro failed, showing increased resistance to high-premium mergers and acquisitions.
• AI computing power main line: Marvell and SK Hynix are fully betting on AI chips/storage, and non-core businesses such as CIS have been divested.
• Materials and RISC-V Breakthroughs: Gallium oxide 8-inch, RISC-V is mass-produced in Bluetooth/industrial control, and domestic substitution extends to high-end materials and architecture.