Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's IC design industry maintains fast growth: expert

December 14, 2020


Abstract : China's integrated circuit (IC) design industry has maintained fast growth this year as the country took decisive action to contain the epidemic, according to an industry expert.

CHONGQING, Dec. 13 (Xinhua) -- China's integrated circuit (IC) design industry has maintained fast growth this year as the country took decisive action to contain the epidemic, according to an industry expert.

The total sales volume of China's IC design industry is expected to grow 23.8 percent year on year to reach 381.94 billion yuan (about 58.4 billion U.S. dollars) by the end of 2020, said Wei Shaojun, general director of the China Semiconductor Industry Association IC Design Branch.

The sales will account for nearly 13 percent of the total sales revenue in the global IC design market, Wei said.

The number of IC design enterprises in China has increased to 2,218, among which 289 are set to see their sales revenues surpass 100 million yuan this year.

The output value of China's semiconductor industry has already topped 590.58 billion yuan in 2020, according to Wei. Enditem

Scan the QR code and push it to your mobile phone

Keyword: IC

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial