Taipei, Thursday, May 25, 2017 04:08 (GMT+8)
partly cloudy
Taipei
27°C
Digitimes Research: China IC production value to rise 15% in 2016
Nobunaga Chai, DIGITIMES Research, Taipei [Monday 4 July 2016]

China's IC industry production value is forecast to rise 15% to US$66.64 billion in 2016, according to Digitimes Research.

China's IC industry production value grew to US$57.97 billion in 2015 from US$21.03 billion in 2010 representing a CAGR of 19.1% during the five-year period, said Digitimes Research. Growth was driven by the region's continued economic growth, as well as significant growth in shipments of smartphones, mainly entry-level and mid-range models.

Despite decelerating smartphone shipment growth and uncertainty about the global economy outlook, China's domestic IC sector continues to grow steadily. Coupled with the government's subsidy programs to drive industry growth, China's IC production value is expected to increase 15% on year in 2016, Digitimes Research noted.

The production value of China's IC design sector climbed to US$21.28 billion in 2015 from US$5.66 billion in 2010 which reached a CAGR of 30.3% during the five-year period, Digitimes Research indicated. Growth of the sector outperformed that of China's other IC sectors.

Combined revenues of China's top-10 fabless firms grew by a CAGR of 30.1% from 2011 to 2015, Digitimes Research said. China's top-10 fabless firms saw their combined revenues account for about 40% of China's overall IC design industry production value indicating the non-top 10 design companies in China also play another growth driver of the region's overall IC design industry production value. Digitimes Research also predicted there will be more than 1,000 China-based IC design houses during the period of the country's 13th five-year plan.

Content from this article was part of a complete Digitimes Research Chinese-language report that has not yet been translated into English. If you are interested in an English version of the report or wish to receive more information about the report, click here to contact us and we will get back to you as soon as possible. Digitimes Research also provides quarterly tracking services for market sectors such as Global Tablet, China Smartphone, China Smartphone AP, Taiwan ICT and Taiwan FPD. Click here for more information about Digitimes Research Tracking services.

Realtime news
  • China market: China-based panel equipment makers surpass South Korea-based ones in 1Q17, says KDIA

    Before Going to Press | 6h 29min ago

  • Global smartphone shipments grow 9.1% on year in 1Q17, says Gartner

    Before Going to Press | 6h 29min ago

  • SK Hynix reportedly obtains GDDR6 DRAM orders from Nvidia, AMD

    Before Going to Press | 6h 29min ago

  • Pixart Imaging to see revenues up 20% on year in May

    Before Going to Press | 6h 30min ago

  • HTC rolls out AI platform for medical applications

    Before Going to Press | 6h 30min ago

  • China market: Some white-box VR device makers cede VR market

    Before Going to Press | 6h 30min ago

  • Diode makers gearing up for car-use applications

    Before Going to Press | 6h 31min ago

  • Nvidia, Intel expected to show latest progress on AI product lines

    Before Going to Press | 6h 31min ago

  • Etron provides 30nm specialty buffer memory for automotive

    Before Going to Press | 6h 31min ago

  • Macroblock 2017 EPS to reach NT$8

    Before Going to Press | 6h 32min ago

  • Pegatron to showcase new products on June 1

    Before Going to Press | 6h 32min ago

  • Passive component firm Chilisin puts increased focus on high-end products

    Before Going to Press | 6h 33min ago

  • Computex 2017: BenQ pushing new cloud computing solutions

    Before Going to Press | 6h 33min ago

Pause
 | 
View more
UMC
Wireless broadband developments in Southeast Asia markets
The transition to 4k TV - UHD TV market forecast, 2014-2017
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.