In recent years, with the rapid growth of domestic automobile production and sales, China's automobile market has surpassed the United States and become the largest automobile market in the world. Due to the development of automotive mechanical system technology, the innovation of automotive technology comes more from automotive electronic products. Today, 90% of the development of automotive technology comes from the innovation of automotive electronic technology. In the field of new energy vehicles, automotive electronic products account for more than 60% of the cost.

    The electronization of automobile control platform is also one of the important directions of the future automobile development. IIPA data shows that automotive electronics, including automotive power control system, on-board electronic system, intelligent control system and automotive electronic network system, in which the cost of electronic components accounts for more than 60%~70% of the cost of high-end vehicles. On the whole, hardware innovation will certainly develop from enriching entertainment methods, to energy management, to networked intelligent control. 

    Intelligent transportation construction under the construction of Internet of Vehicles

   Among them, the intelligent transportation under the construction of the Internet of Vehicles can realize the safety, efficiency, energy conservation and environmental protection of road travel, and can greatly promote the entire industrial chain, such as the upstream sensors, automotive electronics and other related software and hardware enterprises, and the downstream information content suppliers. With the maturity of 4G/LTE and cloud technology, the global automotive electronics industry broke out in 2014, with an annual increase of 7% to 205 billion US dollars, and will maintain an average growth rate of 8.5% by 2020. As a supplier of automotive electronic equipment, the circuit board industry will undoubtedly have new business opportunities. 

    As the "tip of the iceberg" of the Internet of Things, the Internet of Vehicles has begun to show its strength. It is estimated that the overall market scale of China's Internet of Things will reach 750 billion yuan by 2015, with an annual compound growth rate of more than 30%. Zhou Shengming, director of the Shenzhen Industrialization Base of National Integrated Circuit Design, said that when the communication technology is approaching maturity, in addition to the standardization and unification of communication platforms, integrated circuits will be the key to the further development of the Internet of Things.