Tongfu Microelectronics, a prominent Chinese semiconductor company, has its roots in the Nantong Transistor Factory, which was established as a state-owned enterprise in the mid-20th century. The company evolved significantly over the decades, transitioning from a struggling factory to a major player in the semiconductor industry. The rapid advancement of technology and global competition has shaped the landscape in which Tongfu operates, leading to innovative developments in semiconductor packaging and assembly. The company, which focuses on outsourced semiconductor assembly and testing (OSAT), has positioned itself as a leader in various sectors, including consumer electronics and new energy. With a workforce of nearly twenty thousand employees, Tongfu Microelectronics has become a…