Integrated circuit (IC) design is the only segment of China’s semiconductor industry that achieved positive year-over-year (YoY) revenue growth for every year since 2000. Its revenue comes primarily from China’s indigenous fabless semiconductor companies, and it has been the fastest growing segment of China’s semiconductor industry since 2000 now constituting about 10% of the $74 billion worldwide fabless IC industry.
China’s IC design revenue growth of 36% in 2011 exceeded that of China’s IC manufacturing, IC packaging and testing, and even the much larger O-S-D sectors.
Driving demand were a series of domestic stimulus policies introduced by the government in 2009. The industry further benefitted from the seemingly endless demand for semiconductors used in cell phones as shipments of mobile handsets designed in China surged by nearly 60% in 2011.
In 2011 China reported its first billion dollar IC design company and two of the worldwide top five fastest growing IC design companies. In addition, by the end of 2011, 11 Chinese IC design companies had become publicly listed for a combined IPO funding of $1.2 billion.
History will validate whether this is the turning point in the development of the Chinese semiconductor industry and its IC design industry in particular.
|Market & industry overview||Chapter 1|
|China's semiconductor industry||Chapter 2|
|Design in China||Chapter 3|
|Greater China: The bigger picture||Chapter 4|
|Manufacturing: Growing capabilities||Chapter 5|
|Government and production growth scenarios||Chapter 6|
|Download the full report as custom PDF||All|