China's IC industry chain is approaching the golden ratio

Date：2019-10-08 09:08:12 Browse：437

At the 2019 World Manufacturing Congress IC Industry Summit Forum held recently, the White Paper on China's IC Market Development (the "White Paper") was released, and the proportion of China's IC industry's three industries (sealing, design, manufacturing) is approaching. Reasonable, adjust to the golden ratio of 3:4:3.

As the world's largest electronics manufacturing country, China remains the world's largest integrated circuit single market. In 2018, China's IC market sales increased to 1,603.18 billion yuan, a growth rate of 12.5%.

However, the White Paper pointed out that due to weak demand in many application areas, market growth is expected to decline further in 2019.

In the medium and long term, under the commonality of China's industrialization and information integration, information consumption is heating up, and smart city construction is accelerating, and with the gradual maturity of cloud computing, big data, and Internet of Things, the future is expected. The domestic IC market will continue to grow steadily for three years.

Source: Communication Information