New Market Research Report: China Integrated Circuit Industry, 2011-2020

Fast Market Research recommends "China Integrated Circuit Industry, 2011-2020" from CRI, now available

[USPRwire, Wed Apr 20 2016] Since the accession to the WTO, China's integrated circuit industry has achieved rapid development, which has helped China become one of the world's fastest-growing regions of IC industry.

In 2015, sales revenue of China's integrated circuit industry exceeded CNY 360 billion. And CAGR is over 16% from 2011 to 2015.

The agglomeration of China's integrated circuit industry is relatively high. The enterprises mainly concentrate in the delta area of Yangtze River such as Jiangsu Province, Zhejiang Province and Shanghai. In addition, enterprises also concentrated in Pearl River Delta including Guangzhou and Shenzhen.

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China's integrated circuit industry continues to make new breakthroughs and progress, but the gap between Chinese enterprises and the world's advanced integrated circuit enterprises still has to face. Compared with the international leading enterprises, the advanced technology of China's chip manufacturing industry lags for at least 1-2 generation. IC design industry is just on the threshold with simple product structure. There is a certain gap between the packaging and test technology of local packaging enterprises and that of the international giants. China's high-end products of integrated circuit heavily rely on import. In 2015, China imported 313,996 million pieces of integrated circuit with the year-on-year growth of 10%. The value of import reached USD 230.7 billion, with an increase of 6%. China exported 182,766 million pieces of integrated circuit with the year-on-year growth of 19.1%. The value of export reached USD 693.1 billion, with an increase of 13.9%. Deficit of Import and Export reached USD 161.39 billion in 2015.

In terms of the government's policies, Chinese central government and local governments have issued a large number of support policies for the development of integrated circuit industry.

The State Council promulgated Outline for Promoting the Development of the National Integrated Circuit Industry in Feb. 2014. The high-profile national integrated circuit industry investment fund began to come true. The first investment increased from the original CNY 100 billion to CNY 120 billion, which would greatly improve the expectation of the market participants with capital's rising attention to the integrated circuit industry. Meanwhile, local governments have also launched local support policies for integrated circuit. With the implementation of the strategy of Made in China 2025, the pace of transformation and upgrading of domestic industries continue to speed up, which has promoted the rapid development of the integrated circuit market in the field of industrial control.

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