With the innovation and breakthrough of Technology, the rapid development of market applications such as IoT, and the strong pull of industrial investment, China's integrated circuit industry is ushering in an important strategic opportunity period, the market scale of this industry is expanding rapidly. According to the prospective Industry research Institute of China's integrated circuit industry market demand forecasting and investment strategic Planning analysis data show that 2000 China's integrated circuit market consumption scale of only 94.5 billion yuan, to 2017 has exceeded 1.3 trillion, accounting for more than 50% of the global semiconductor production. In this field, a large number of Chinese enterprises are growing rapidly, in the design, manufacture, encapsulation of the three major links, Chinese enterprises gradually become the leader. However, China's integrated circuit industry still has obvious gap with the world advanced level in technology and high-end product application, and the sustainable development of industry needs to master more autonomous and controllable core technology on the basis of independent innovation. The semiconductor industry, though not always growing, has followed a spiraling process over the past 10 years, slowing or fading back to a stronger recovery. Behind this is the technological revolution brought about by the growth, forward-looking Industry research institute that with the electronic products in human life more widespread and intelligent, the future semiconductor industry will remain exuberant vitality, circling upward. At present, the semiconductor industry is in a rising stage of the starting point. IC industry is capital-intensive, technology-intensive industry. The introduction of a 12-inch line, requires 2 billion U.S. dollars to 3 billion U.S. dollars of investment. From the industrial level, integrated circuit integration has been increasing, has been developed to the number of billion gate circuit order. A chip design and research and development will take 1-2 years or even longer time, enterprises need to invest a lot of manpower, material resources, financial resources. 2017 Global Semiconductor capital expenditure of 97 billion U.S. dollars, the past 5 years of new highs. Global semiconductor capital expenditures are expected to grow by 9% and 5% per cent respectively in 19, with capital spending of $105.73 billion and $111 billion trillion respectively, 18. Global semiconductor capital expenditure will continue to grow, which is also the entry threshold for the industry, private capital is often not favored in such areas as investment, the need for government-led drive. Since the establishment of the national Integrated Circuit Industry Investment fund, it has greatly boosted the investment confidence of the industry and society, and has been betting heavily on the establishment of large-scale investment funds to support the integrated circuit industry. As of the first half of 2017, the scale of IC investment funds set up by local governments has exceeded 300 billion yuan, which will undoubtedly promote the rapid development of the industry, the report said. Prospective Industry Research Institute analysis points out that future industry sales will continue to grow, indicating that the industry's capital expenditure will still continue to grow.
