China, Dec. 18, 2017 –
The growth rate is expected to remain at around 20 percent and take the market to RMB240 billion (about $36.3 billion) in 2018. According to TrendForce's forecast of 2017 IC design industry revenue ranking, the state-owned Datang Semiconductor will drop out of top 10, while WillSemi and GigaDevice enter the list. Spreadtrum's drop in revenue is ascribed to price pressures on the mid- to low-end of the mobile phone market. In contrast HiSilicon's success is due to the success of its Kirin application processors in displacing Qualcomm silicon in high-end phones.
