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Home | Search Global IT News: IT News & Press Release Distribution: China Semiconductor Industry: Expansion Plans Analysis and Trends   MarketsandMarkets (IT-NEWSWIRE.COM, December 07, 2017 ) According to the new market research report "China Semiconductor Industry: Expansion Plans Analysis and Trends (Government Policies and Guidelines, Import and Export Impact on Trade Partners, Key Concepts, Case Study, Key Strategies Adopted, Future Plans, and Recommendation to Players)", The China semiconductor industry is expected to reach USD 157.66 Billion by 2020, at a CAGR of 12.8% between 2016 and 2020. The major factors driving the China semiconductor industry are the growing demand for semiconductors from various verticals and favorable government initiatives. The Government of China is promoting the growth of IC manufacturing. The Made in China 2025 policy formulated by the state council is dedicated to strengthening the semiconductor segment. Download PDF Brochure- https://www.marketsandmarkets.com/pdfdownload.asp?id=37311555 Integrated Circuit (IC) expected to hold the largest market and grow at the highest CAGR during the forecast period The market for IC is expected to grow at the highest CAGR and hold the largest share during the forecast period. The semiconductor industry is the summation of integrated circuits (ICs) and optoelectronic, sensor, and discrete (O-S-D) devices. The IC segment accounted for almost two-thirds of the total semiconductor industry in China. The IC industry includes the manufacturing of logic ICs, memory ICs, processors, and analog ICs. The increasing demand for smartphones and tablets as well as the growing applications in consumer electronics and the automotive sector are expected to be the key drivers for the growth of the logic ICs segment. The demand for analog ICs is expected to be driven by the growth in the automotive and telecommunications sector. Automotive vertical to grow at the highest CAGR during the forecast period The increasing electronic content in automobiles has made the automotive electronics segment highly lucrative. The key trends in the automotive sector contributing to the rising semiconductor content in vehicles are IoT and intelligent transportation systems (ITS). The increasing availability, rising consumer awareness about fossil fuel pollution, and decreasing prices have led to the steady growth of hybrid and electric car shipments. The report profiles the major players in the China semiconductor industry, namely, SK Hynix Inc. (South Korea), HiSilicon Technologies Co., Ltd. (China), Semiconductor Manufacturing International Corp. (SMIC) (China), Samsung Electronics Co., Ltd. (South Korea), Micron Technology Inc. (U.S.), Intel Corp. (U.S.), Qualcomm Inc. (U.S.), Jiangsu Changjiang Electronics Technology Co. Ltd. (JCET) (China), Tianjin Zhonghuan Semiconductor Co., Ltd. (China), and Spreadtrum Communications Inc. (China). About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. MarketsandMarkets Mr. Rohan 1-888-600-6441 sales@marketsandmarkets.com Source: EmailWire.Com Source: EmailWire.com

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