Market sectors encompassing telecommunications, consumer electronics, innovative energy applications in transportation, electricity generation and other market sectors are increasingly valuing power semiconductor devices as usage of these components spreads throughout above listed markets. The dawn of “smart manufacturing in China” has provided new market opportunities in the power semiconductor industry, and spurred market growth. Some of these trends were discussed at “Power Semiconductor Forum” during SEMICON China 2016 organized by SEMI, which took place on March 17 in Shanghai.