On May 16, 2022, MFMIC and the Organizing Committee of China Electronics Fair (CEF) officially released the analysis report of innovation index in the first quarter of 2022 In the first quarter, the impact of the global chip shortage continued to appear. Some upstream material factories were fully booked, some wafer factories were scheduled for price increases, and some original factories responded with price increases. In terms of the terminal market, the demand of the consumer electronics market has slowed down. In addition, entering the traditional off-season, the demand for smartphones, PCs, laptops and so on has cooled significantly, and a large number of terminal manufacturers have cut orders. However, the demand of automotive electronics, Internet of things, servers and other industries still maintained growth. In addition, the fermentation of emergencies, the conflict between Russia and Ukraine affected the global semiconductor industry chain, and the frequent earthquakes i