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China chips grow 21%

May. 25, 2018 – 

China's Q1 chip output grew 20.8% y-o-y to $18.1 billion in the first quarter of 2018, according to the China Semiconductor Industry Association (CSIA).

The output value of its IC design industry sector increased 22% on year to $6 billion in the first quarter of 2018, while that of the IC manufacturing sector climbed 26.2% from a year ago to $5.5 billion.

China's IC packaging and testing sectors generated a combined $6.1 billion in production value in the first quarter of 2018, representing 19.6% growth on year, according to the statistics.

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