Shanghai’s IC industry shows strong growth
March 29, 2012 Category Uncategorized
Revenue of Shanghai’s integrated circuit (IC) industry, which accounts for one-third of the total revenue nationwide, may grow 12% annually this year, according to Xue Zi, Deputy General Secretary of the Shanghai Integrated Circuit Industry Association (SIA). In 2011, Shanghai’s IC industry revenue was CNY63 billion, up an annual 17.2%. The revenue may grow 12% year on year in 2012, according to SIA. By comparison, China’s IC industry revenue will “remain unchanged or have single-digit growth” this year compared with a revenue of CNY157.2 billion last year, according to the China Semiconductor Industry Association (CSIA). In 2011, the revenue of the chip design sector in Shanghai grew 39.1% annually to CNY14.9 billion, compared with CNY12.8 billion in the IC manufacturing industry, which fell 4.2% from a year ago. “Chip design is the flagship sector of the whole IC industry chain representing innovation and the development level of the industry,” said Xue. “The rapid growth of the design sector will fuel the revenue of manufacturing, assembly and testing sectors in the future.” Four of the top 10 chip design firms in 2011 are from Shanghai, according to Chen Xian, CSIA’s Secretary General.
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