China IC Industry Revenues Reached 65.32 Billion Yuan in 2018

According to Xinhua Net, China IC industry sales revenue reached 65.32 billion yuan in 2018, with a compound annual growth rate of 20.3% between 2012 and 2018.

Of the overall 2018 revenue, 25.193 billion yuan, or 38%, came from China IC design sales, compared to 35% in 2012. Manufacturing revenue accounted for 18.182 billion yuan (28% of the total vs. 23% in 2012), and packaging revenue represented 21.939 billion yuan, or 34% – a decrease from 42% in 2012.

While low-end products continue to dominate, IC design scale in China is improving – Ren Aiguang of China’s Ministry of Industry and Information Technology claims advanced designs have reached 7nm. Memory developments are ongoing and 14nm logic processes will ramp into production shortly, but a two-generation gap remains compared to other countries’ advanced processes. The gap for IC packaging and test is smaller, but a better mix between high-end and industrial applications is needed.


Neocore Acquires China Operations Rights for MIPS Technology

Shanghai Neocore Smart Technology Ltd. has acquired exclusive business operation rights for MIPS technology in China from Wave Computing. This includes authorization for all CPU cores’ series, including basic architecture, compatible MIPS instruction set, optimizing existing core efficiency in the fab, development of new CPU cores, derivations, etc.

Founded in 2018, Neocore is an IP supplier and IC design house, providing IP and design services. The company is dedicated to system-on-chip (SoC) development and provides one-stop value-added services, from initial architecture design to full production ramp.