Nanoelectronics is growing in China

 In News

Excerpt from: “Integration with global ecosystem key to growth of China’s semiconductor industry”, by Lung Chu, President of SEMI China, Solid State Technology, May 10 2018.

In 2017, global semiconductor industry revenue reached a seven-year peak, expanding 22 percent to nearly USD 420 billion, and entered a new growth phase with artificial intelligence (AI), 5G and other new technologies leading the surge with greater market segmentation, diversification and decentralization. The emergence of smart automobiles, smart cities, smart medicine, AR/VR and other new markets headed the list of new applications.

Global spending on semiconductor equipment reached a record-breaking USD 56 billion in 2017, with Korea a major driver. In 2017, Samsung alone invested USD 25 billion in semiconductor equipment, followed by TSMC (USD 10.8 billion), Intel (USD 11.5 billion), Hynix (USD 8.5 billion), Micron (USD 2.5 billion), SMIC (USD 2.3 billion) and YMTC (USD 2 billion).

The rapid rise of China’s semiconductor industry has raised concerns among many countries over China’s growing influence, with some, most notably the United States, going so far as to implement containment measures. Other regions including Japan, Korea and Taiwan followed suit.

Encouraging greater cooperation with foreign semiconductor manufacturers in the interest of openness and mutual benefit will be the best way for China to overcome obstacles to the development of its semiconductor industry. Meanwhile, China will continue to strive to merge into the global semiconductor industry and become a key partner.

In 2018, China is expected to surpass Taiwan in equipment spending to claim the number two position after Korea.

More insight to developments in China at: (HiSilicon is owned by Huawei) (Semiconductor Manufacturing International Corporation) (Yangtze Memory Technologies Ltd.)