According to market research company IC Insights report recently released by mid-year update McClean, the Chinese IC market is expected to reach 2013, 100.1 billion U.S. dollars, accounting for over one third of the global IC market (35%).
In 2001, the Asia-Pacific IC market (including such as China, Taiwan, Singapore, South Korea, etc.) for the first time more than the American market (including the United States, Canada, Mexico, Central America and South America), and a leading consumer IC market. In 2008, the Asia-Pacific IC market reached 111.2 billion U.S. dollars, the first time over the Americas, Europe and Japan combined IC market.
Asia-Pacific IC market, the tremendous growth in the past few years, reflecting the production of electronic systems to the Asia-Pacific region's trend, in particular the transfer to China. In general, the regional IC market growth and regional electronic systems usually produce to match the growth. In anticipation of more global electronics production in the Asia-Pacific (excluding Japan), especially China, IC Insights that the Asia-Pacific IC market growth will continue to significantly exceed the overall IC market, so at least the next five years.
In 2009, China and Taiwan is expected to total IC market is expected to Asia-Pacific region accounts for about 75%. IC Insights forecasts 2013 IC market in China and Taiwan will total approximately 1,390 billion U.S. dollars, accounting for the overall IC market in the Asia-Pacific 80%, half of the global IC market (48%)!
2008, China's IC market grew 5% to 56.2 billion U.S. dollars and then the global IC market fell 6 percent overall. Although China's IC market in 2009 is expected to decline 8%, but the performance will remain much higher than the expected 17% decline in the overall IC market. In addition, China's IC market is expected 2008-2013 CAGR of 12% for the same period twice the global IC market.