Business· Manufacturing· Markets

China's IC market tops USD 143 bln in 2020

minutes 2021/02/22 03:09:26

Feb 22, 2021 (China Knowledge) - According to published records China's integrated circuit (IC) market saw robust growth in 2020, and grew by 9% in 2020 to USD 143.4 bln. China currently exports 60% of its IC products. Sales of logic ICs form the largest part with a 26% market share and China’s logic market is forecasted to remain the country’s largest IC product segment through 2025 with a compound annual growth rate of 10.5%. See ‘China Electronics Weekly’.

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