China semiconductor market in 2008 is expected to exceed $45 billion

Global famous consultants and consultancy IDC19, said in a report released Chinese has become the world's third largest semiconductor consumer market in 2008, the semiconductor market revenue will exceed $45 billion.

According to the "IDC Chinese semiconductor market 2004-2008 forecast and analysis" report, 1990s only $2 billion China semiconductor market, 2004 has become the world's third largest semiconductor consumer market, market revenues of more than $26 billion.

IDC Research Manager Lin Beili said: "in the next five years, China's semiconductor market will continue to grow at a rate of two times the development of the entire semiconductor industry." At the same time, the Chinese market is gradually maturing, will compete with other leading semiconductor market. She suggested that foreign suppliers should continue to invest and participate in the Chinese market, make full use of the huge business opportunities in the Chinese market, the integration of China into its global strategy.

The report said that the current preferential policies from the government in 2000 has attracted more than $9 billion 300 million in investment in China's semiconductor industry, this year's investment may even be as high as $4 billion 500 million. The strong support of the Chinese government and foreign investment has made it possible for smaller suppliers to benefit from the global industrial market. Last year, Chinese suppliers in the global market share of the professional crystal garden plant has been increased from 7% in 2003 to a total of more than 12%, of which only SMIC's share of more than $6%.

IDC formally established branch offices in China in 1982, is the first to enter the Chinese market, the world's leading market research firm.