The development of the semiconductor industry in China is entering an important turning point, and the model of industrial expansion by capital acquisition will come to an end. It might be necessary to shift the model that relies on capital investment to one that improves the quality of investment, which is using money correctly at the right time. The key to the development of the semiconductor industry is to promote the success of backbone enterprises. To achieve this, the tactics used must be rational and bold, and should be integrated with backbone enterprises to identify the problematic issues and properly solve them.