China’s IC Design Industry Grows 23% in 2018

According to the latest research report from TrendForce, in 2018, China IC design industry’s revenue has reached 251.5 billion yuan, representing 23% year-on-year growth. Three companies reported revenues over 1 billion yuan, four companies reported growth in excess of 20%, and two companies reported double-digit declines. HiSilicon, UNISOC, and OmniVision are the top three companies mentioned in the report.

Looking ahead to 2019, TrendForce predicts that China will continue to become more self-sufficient with its chip supply, furthering the growth of its domestic IC design industry. 2019 revenues are expected to total 292.5 billion yuan. However, growth will slow to 17.9% due to negative factors such as a reduction in consumer electronic product manufacturing, and the global economic downturn.

(Source: https://laoyaoba.com/newinfo?id=706359)

Three IC Programs Launched in Jinjiang

A signing ceremony for hundreds of new programs was held February 19, 2019, in Jinjiang, Fujian Province. Among them, EoChip, Hejiaxin, Sansuwei each established IC industry supply chain programs.

EoChip is a photo-communication chip design company that was founded in April 2012.

Hejiaxin, a young company founded in July 2018, set up a packaging and test program.

Sansuwei, founded in September 2018, will engage in IC research for electronics products and communications equipment. The company provides IC design and information system integrated services.

https://laoyaoba.com/newinfo?id=706323