News – EN – 60% of Chinese consumption of integrated circuits goes to products for export – VIPressnet

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China became the world’s largest integrated circuit market in 2005 and has grown steadily since then In 2020, the Chinese integrated circuit market grew to $ 143.4 billion, up 9% from $ 131.3 billion in 2019, says IC Insights

The research firm estimates that 60% ($ 86.0 billion) of integrated circuits in the Chinese market have been integrated into an electronic system which has been exported while 40% of its market has been used in systems who stayed in the country

The breakdown of the Chinese integrated circuit market by product type shows that sales of logic circuits accounted for 26% of the Chinese integrated circuit market last year IC Insights predicts that the logic circuit market will remain the largest segment of the China integrated circuit market through 2025, maintaining a high average annual growth rate of 10.5% throughout the forecast period

Strong sales of smartphones in China and around the world, as well as the surge in sales of various computer systems during the year 2020 plagued by Covid-19, have made microprocessors the second segment of integrated circuits in China last year China microprocessor sales, including application-specific processor revenue, increased 12% in 2020 to $ 32.7 billion

With a 19% share, Drams were the third largest integrated circuit market in China last year In 2020, NAND flash memory and Drama markets together accounted for 30% of the total Chinese integrated circuit market. High level of memory consumption in China is helping fuel the country’s burning desire to create growing local production of NAND flash memories and Drams, the research firm says

IC Insights also highlights the long-term trend of increasing integrated circuit market share in China and the rest of the Asia-Pacific region China and Asia-Pacific are thus expected to increase their combined share of the global integrated circuit market from 63.8% in 2020 to 68.1% in 2025, representing an average annual growth rate of 9.4% on this period

Finally, while China has been the largest consumer of integrated circuits since 2005, the country is not currently a major producer of integrated circuits, and this may not be the case in the future. Of the $ 143.4 billion of integrated circuits sold in China in 2020, only 15.9%, or about $ 22.7 billion, were produced in China last year Of that, companies headquartered in China produced just $ 8.3 billion, or 5.9% of the country’s total integrated circuit market last year. Foreign companies engaged in semiconductor manufacturing business in China (e.g. TSMC, SK Hynix, Samsung, UMC, etc.) still account for the largest share of integrated circuit production in China

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Integrated circuit, Electronics

News – EN – 60% of Chinese consumption of integrated circuits goes to products for export – VIPressnet
Related title :
60% of Chinese consumption of integrated circuits goes to products for export
Logic integrated circuits were the major share of the Chinese integrated circuit market in 2020

Source: https://vipress.net/60-de-la-consommation-chinoise-de-circuits-integres-est-destine-a-des-produits-pour-lexportation/