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China’s IC imports declined in volume and value in 2022 after several consecutive years of growth. The global semiconductor downcycle began in 2H22, causing a decrease in demand for semiconductors.
The latest update on China's semiconductor industry, including upstream foundry status and trends in the local IC industry.
China consumes half of the world’s semiconductors and is the world’s largest semiconductor market. Cell phone market demand continues to be sluggish, and the annual e-commerce promotions have not brought a surge in market demand.
China’s IC imports fell from 2H22 to 1H23 owing to the continued contraction of the PC and smartphone markets, the decline in the revenue from computing and wireless communication products in China, and the continued fall in memory ASPs over the past two years.
The latest forecast for China’s semiconductor market. Provides the updated growth rate for automotive and computing categories.
China’s contribution to the revenue of well-known global semiconductor companies is growing. Its new energy penetration rate achieved its 2025 target ahead of schedule.
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