Hong Kong - MobiusTrend, a market research organization in Hong Kong, recently released a research report on 'WIMI Enters Semiconductor Business with 3D Holographic Vision Chip Upgrading'. In recent years, with the acceleration of domestic substitution, China's semiconductor industry has developed rapidly. For example, in the field of integrated circuit design in China, the overall sales volume of IC design in China exceeded 300 billion yuan for the first time in 2019, reaching 306.35 billion yuan, with a year-on-year growth of 19.6%.