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China’s Domestic Integrated Circuit (IC) Products Are Expected to Meet Half of the Domestic Market Demand

Release Date:23:33 23-09-2016

【PCB Information Network 】- Ministry of Industry and Information Technology, the National Development and Reform Commission, together with the other relevant departments will make the industry guide policies for IC industry this year as soon as possible, and the IC product and technology development plans are expected to apply into the mobile intelligent terminals, network communications, cloud computing and Internet
.
It is reported that the National Manufacturing Powerhouse Construction Strategy Advisory Committee forecasts optimistically, by the end of the 13th Five Year Plan, the domestic IC products are expected to meet half of the domestic market the demand, and is expected to make farewell to "No Chinese Core" for IT industry in China.
At present, China's IC industry has gaps with the world's advanced level. In recent years, the Chinese government has launched a series of industrial policies, intending on the development of IC industry, and promoting the international competitiveness of the entire IT industry. In 2014, the National Integrated Circuit Industry Development Promoting Outline issued; In 2015, the 2025 Key Areas Technology Roadmap for China Made listed the IC industry into one of the key developing industries.
According to the experts in relevant introduction, the following policies will mainly focus on the four core areas, including integrated circuit design, IC manufacturing, IC packaging, packaging equipment and materials, involving the desktop CPU core products, embedded CPU, memory, etc, and focus on the key technologies for the photolithography and multi-chip package production and research.
China's IC market is full of opportunities. In 2015, the global semiconductor market fell 0.2% year on year basis, arrived to $335.2 billion; China's IC market has benefited from “policy &capital’’, the two-wheel drive, and the annual growth was 6.1%, achieved 1.1024 trillion RMB. China’s market continues to increase rapidly, but the low self-sufficient phenomenon still exists, the trade deficit is high to $161.39 billion. It suggests that there is a great space for import substitution. Recently, several domestic 12-inch wafer factories will be started. The boom of China's IC industry will be increased much more.  China's IC market is filled with opportunities.