China Integrated Circuit Industry, 2010-2019 - Market Research, Insights, Outlook, OVerview Report: ResearchMoz

ResearchMoz added Latest Research Report titled " China Integrated Circuit Industry, 2010-2019: Worldwide Market Research, Analysis, Shares, Size, Growth and Outlook" to it's Large Report database.

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Albany, NY -- (SBWire) -- 11/05/2015 --Ever since its entry into WTO, China has become one of the regions where integrated circuit industry grows fast. In 2014, integrated circuit industry in China reported sales revenue of CNY 267.2 billion with a year-on-year growth of 11.2% and a profit of CNY 21.2 billion with a year-on-year growth of 52%.

Integrated circuit industry in China is highly concentrated in Yangtze River Delta including Shanghai, Jiangsu and Zhejiang as well as Pearl River Delta including Guangzhou and Shenzhen.

In 2014, integrated circuit reported a growth of 12.4% in output and a growth of only 8.7% in output value. Besides, its export volume rose by 7.6% yet export value dropped 30.6%. Such a phenomenon indicates that Chinese integrated circuit is low-end products whose prices keep going down.

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Although China' integrated circuit industry has made many progresses, the gap between it and advanced integrated enterprises must be envisaged. Leading international companies are 1-2 generations beyond China's chip manufacturing in advanced technology. And their packaging &testing technology is more advanced too. Besides, IC design in China is just a start-up with single product. High-end integrated circuit relies on import. To secure their technological advantages, international giants has increased R&D investment. For example, the big five semiconductor companies Intel, Qualcomm, TSMC, Quatek and Hynix have reported a R&D cost of 15.9% that is close to a five-year high. While local enterprises like Semiconductor Manufacturing International Corporation has reported an input less than 10% despite the fast growth in R&D investment. The experience of integrated circuit development has shown that inefficient investment in R&D might further widen the gap in severe competition.

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In 2014, USD 217.6 billion of integrated circuit was imported with a year-on-year decrease of 5.9% while only USD 60.9 billion was exported, decreasing 30.6%. And integrated circuit remained the largest import. Trade deficit continues to grow to USD 156.7 billion with a year-on-year increase of 9%, which shows the overall strength of integrated circuit is still weak.

In Feb.2014, the State Council of the People's Republic of China issued the Outline of Promoting the Development of Integrated Circuit Industry which will serve as a guideline on the development of integrated circuit industry. Later investment funds for integrated circuit industry were issued and increased from CNY 100 billion to CNY 120 billion, improving market participants' expectation and the attention paid to the industry. Meanwhile, local governments have issued supporting policies for integrated circuit.

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Readers can get at least the following information through this report:

policy and economic environment facing integrated circuit industry in China
supply and demand of integrated circuit industry in China
Chinese government's policy supporting integrated circuit industry
competition in integrated circuit industry in China
import and export of integrated circuit in China
key enterprises of integrated circuit industry in China
expectation to integrated circuit industry in China

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