semi pred.The Chinese semiconductor industry has grown rapidly over the past decade. According to the China Semiconductor Industry Association, the industry’s total output value reached CNY 653.2 billion ($99.3 billion) in 2020, a year-on-year increase of 18.7%. The industry is expected to grow at a compound annual growth rate of 15% from 2020 to 2025.
The industry is divided into two main segments: integrated circuit (IC) design and manufacturing. The IC design segment includes companies that design and develop ICs for various applications, such as consumer electronics, communications, and automotive. The manufacturing segment includes companies that manufacture ICs using advanced fabrication processes.
