By Kate Yuan

(JW Insights) Jun 14 -- Alumni of Harbin Institute of Technology (HIT) in northeastern China's Harbin City had heated discussions around topics including destocking during the 7th JWSS (JiWei Semiconductor Summit) on June 3.

This is the second time that HIT alumni gathered at JWSS held in Xiamen of southeastern China's Fujian Province. The event coincided with HIT's 103rd anniversary.

The speakers included Hu Qi, honorary president of HIT Xiamen Alumni Association and external director of Xiamen Torch High-tech Industrial Development Zone Investment Service Center, and Zhang Shiping, executive vice president of HIT Fujian Alumni Association. Huang Zhiguo, vice president of Codefair Semiconductor (码灵半导体) presided over the forum.

Destocking and the future of IC design companies were major topics in their discussion. Wang Cong, general manager of Waferchip Semiconductor (晶芯半导体), said that it usually takes about 90 days to reduce excess inventory, but now it is lengthening, especially for front-end RF chips.

Yu Lei, vice president of Xinchao Group (新潮创投), expected the inflection point for destocking will come in the fourth quarter. He believes companies should continuously develop differentiated products with innovation to survive the industry downturn.

HIT is one of the sources of China's microelectronics science and technology development. It has become an important base for cultivating IC talents in China with a large number of talents working in the industry.

The Microelectronics Science and Engineering major at HIT was established in 1971 and has provided strong support for China's key industries including IC and IoT. Its main research directions include IC design and application, wireless sensor network, MEMS micro-energy, micro-nano devices and systems, and advanced SoC.

“HIT Microelectronics Alumni Association has organized many meaningful activities and industry conferences. This has provided assistance for the development of the microelectronics industry,” said Zhou Wenliang, representative of the HIT Shanghai Alumni Association.