TechNavio today launched its report, Integrated Circuit Manufacturing Industry in China 2011-2015, based on an in-depth analysis focusing exclusively on China. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”The increasing demand for technologically advanced electronic products will lead to an increase in the manufacturing of integrated circuits (ICs) in China. Although the demand for PCs is reducing, the demand for devices such as smartphones, tablet PCs, solid state lighting sources, and IC cards has been on the rise. This, coupled with the increasing demand for technologies such as organic light emitting diodes and light emitting diodes, has increased the demand for ICs, contributing to the growth of the IC Manufacturing industry in China.”
According to the report, the emergence of technologically advanced devices such as smartphones, tablet PCs, solid state lighting devices, and smart cards/IC cards has led to an increase in the demand for ICs. This is because ICs are a peripheral component in these devices. Hence, the increasing adoption of these devices by consumers is expected to increase the demand in the IC Manufacturing industry in China. Furthermore, the increasing number of applications of ICs and the increasing penetration of the above-mentioned devices in domestic markets will also foster the growth of the IC Manufacturing industry.
Further, the report reveals that the main challenge faced by the market is the global economic slowdown.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/integrated-circuit-manufacturing-indust…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
Follow us on Twitter @ Technavio