China to make $78 billion worth of ICs this year.

China’s domestic IC production this year will be worth $78 billion – 19.39% up on 2016 – says TrendForce. Next hear that will rise to around $93 billion, with the annual growth again reaching around the 20% level. By contrast, the average revenue growth rate of the worldwide IC industry for 2018 is projected at ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/china-make-78-billion-worth-chips-year-2017-11/