Design & Reuse

Industry Expert Blogs

China chip goals slipping

-
June 26, 2019

The China government’s goal of sourcing 40% of its chips domestically by 2020 and 70% by 2025, is not going to be met, reports the Nikkei.

TrendForce estimates that domestically designed ICs only accounted for 15% of the China market last year.

China’s design industry has been growing at 20% a year since 2014, but is expected to grow at 17.9% this year to $42.9 billion, says TrendForce.

IC Insights reckons that, including foreign-owned China-based facilities, China supplied 15% of its $155 billion chip market last year.

Click here to read more ...