According to the latest data from market research institute TrendForce, IC design industry in China will reach RMB2006 billion in revenue in 2017, an increase of 22% over the same period of last year. In 2018, the IC industry in China will grow by about 20% and revenue is expected to reach 2400 100 million yuan.
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In 2017, China IC design industry revenue rankings, Datang Semiconductor will withdraw from the top ten, while WillSemi (VW Semiconductor) and GigaDevice (Siu Yi Innovation) to its strong revenue performance into the top ten.
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In addition, due to the ever-increasing penetration rate of Kirin chips, Hisilicon's annual revenue growth reached 27.72%, and its parent company Huawei's handset shipments also increased.
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Sanechips (ZTE Microelectronics) core business is the design of integrated circuit components for telecom applications, after expanding its product range, revenue grew 33.93%.
Owing to the company's rich resources, Huaxun Semiconductor has developed a variety of products such as smart cards, security chips, analog circuits and new displays in 2017, surpassing RMB5 billion for the first time in 2017.
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In the fingerprint sensor market, Goodix revenue increased 25%. For the first time, GigaDevice entered the top ten list, thanks to the excellent performance in NOR Flash and 32-bit MCU market, 2017 revenue will grow by more than 40% to 20 100 million yuan.
Technology, technology advances, Chinese IC design manufacturers are also more and more to use more advanced technology, such as Hisilicon has been in its high-end mobile phones with 10nm technology.
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TrendForce expects China's semiconductor industry to maintain its rapid growth by 2018. Innovative applications such as IoT, artificial intelligence and automotive electronics drive the demand for integrated circuit products.
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