Information technology is changing with each passing day, and the requirements on materials are constantly improving. The third-generation semiconductor materials have become the focus of global semiconductor technology and industry competition due to their superior performance such as high frequency, high efficiency, high power, high pressure resistance, high temperature resistance and strong radiation resistance. In recent years, the third generation semiconductor technology, product, market and investment at home and abroad have presented a high growth trend.
Internationally, in recent years, the international economic environment has been complex and volatile, and global economic uncertainty has increased. Unilateralism and a wide range of negative interest rates are becoming the "new normal" of the world. The global economic and trade pattern is undergoing remodeling, and the pattern of economic multi-polarization is becoming more obvious. As the cornerstone of the information industry, the semiconductor industry has become the focus. The global competition pattern of the semiconductor industry is also changing, and the semiconductor industry will enter a new round of development.
China actively supports the development of third-generation semiconductors. The outline of medium - and long-term plans, major projects of the 13th Five-Year Plan, promotion of the transformation of scientific and technological achievements, and acceleration of new infrastructure construction provide a good platform for the development of third-generation semiconductors' technology and application. The domestic third-generation semiconductor industry has gradually entered a period of substantive development.
The year 2020 is an important year connecting the past and the next in the 13th Five-Year Plan period and the 14th five-year Plan period. Standing at this time point and looking forward to the future, it can be predicted that semiconductor lighting will accelerate technological innovation and in-depth cross-border integration in the future, and the lighting market beyond functional lighting will usher in a new round of growth. The third generation of semiconductor materials has become an important focus of China's high-tech industry. With the support of national policies and the guidance of new infrastructure, the third generation of semiconductor industry will also become an important engine for the future development of the semiconductor industry, ushering in new opportunities for the development of the industry.

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