TechNavio recognizes the following companies as the key players in the Semiconductor Market in China: Intel Corp., Samsung Electronics Co. Ltd., SK Hynix Inc., and Toshiba Corporation.
Commenting on the report, an analyst from TechNavio’s team said: “The Chinese government has been working on a number of initiatives to improve the Semiconductor market in China. One such initiative is the 12th five-year plan which provides tax incentives for domestic semiconductor companies that were established in the country since 2011. This plan also provides strategies to expand the demand in the domestic market, subsidies, and protection of IP rights. The highlight of these initiatives is the support given by the Chinese government for the shift of focus from just semiconductor output to include R&D as well.”
According to the report, one of the main factors is the increasing demand for smartphones and tablets globally. The increasing usage of smartphones will lead to greater consumption of semiconductors in the country.
Further, the report states that one of the main challenges is the need to reduce the gap between the consumption and production of semiconductors in China. The lack of development of Chinese semiconductor companies has led to a gulf between the production and consumption of semiconductors in China.
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/report/semiconductor-market-china-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Semiconductor Market in China 2012-2016
