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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (4096)	1/7/2005 5:20:28 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

China to take top chip spot China will become the largest semiconductor regional market this year, according to IC Insights, growing to over $34bn – about $1bn more than the US and Japanese markets. This is based on a worldwide semiconductor market forecast for 2005 of a two per cent decline set against a China market growth of 11 per cent. The two per cent worldwide market decline forecast contrasts with the six per cent market decline forecast of In-Stat, the flat market forecast of the US Semiconductor Industry Association, and the 15 per cent growth forecast of Future Horizons. From 2001 through 2004, the Chinese IC market registered a compound annual growth rate (CAGR) of 46 per cent as compared to a 14 per cent CAGR for the US IC market. In 2005, China is forecast to represent 20 per cent of the world’s $175.4bn in IC consumption, up from eight per cent in 2001. As recently as 2001, the US IC market was more than three times the size of China’s IC market. China-based IC production amounted to only $2.4bn in 2004, said IC Insights, which it expects to rise to $14.5bn in 2010 – representing about five per cent of total worldwide production and supplying only 15 per cent of the 2010 China IC market which is expected to be worth $95bn. Semiconductor sales ($bn) Year Americas Japan China 2001 31.9 26.7 9.9 2002 28.3 24.3 14.3 2003 29.0 29.6 20.0 2004 36.3 34.0 31.0 2005 33.0 33.1 34.3 electronicsweekly.com