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China's IC Industry Topped 100 Billion Yuan in 2006
added: 2007-03-25

Propelled by the accelerated growth of the semiconductor markets at home and abroad, the IC industry was going very well in China in 2006, showing positive developments in both production and sales, indicating that the industry has once again entered the orbit of high-speed growth.

For the first time the sales revenue of China's IC industry exceeded 100 billion Yuan and added up to 100.61 billion Yuan, an increase of 43.3% over last year; the number of integrated circuits produced in the year reached 35.56 billion, an increase of 36.2% over last year. In terms of growth rate, the increase in 2006 over 2005 in sales revenue and throughput was much higher than the increase in 2005 over 2004, which was 28.8% and 19% respectively.

It took nearly ten years for China's IC industry to grow from a scale of 1 billion Yuan in the early 1990s to the breakthrough of 10 billion in 2000, while it took a mere 6 years to grow from 10 billion to 100 billion. In this way the domestic IC industry made a good start for the "Eleventh Five-Year Plan" and the year 2006 became a milestone in the history of the development of China's IC industry.


Source: PR Newswire

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