GITNUX MARKETDATA REPORT 2024

China Semiconductor Industry Statistics

China's semiconductor industry achieved a 35.6% year-on-year growth in revenue in 2020, with the market size reaching $143 billion.

In this post, we will explore the latest statistics and developments in China’s semiconductor industry. As of 2021, China’s semiconductor industry is rapidly growing, with significant investments, production increases, and ambitious targets for local manufacturing. Let’s delve into the numbers and trends shaping China’s position in the global semiconductor market.

Statistic 1

"As of 2021, China’s domestic semiconductor industry was worth about 884 billion yuan ($140 billion)."

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Statistic 2

"China imported $350 billion worth of chips in 2020, a 14.6% growth from the year before."

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Statistic 3

"China’s integrated circuit (IC) industry saw a 22% growth in sales to reach RMB 884.8 billion ($137 billion) in 2020."

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Statistic 4

"China aims to manufacture 70% of its semiconductors locally by 2025."

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Statistic 5

"The Chinese semiconductor market is predicted to grow at a CAGR of 13% from 2021 to 2026."

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Statistic 6

"Export of semiconductor manufacturing equipment to China was worth $8.4 billion in 2020."

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Statistic 7

"China is expected to consume 44% of the world's semiconductors in 2020."

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Statistic 8

"In 2020, China produced 175.6 billion ICs, an increase of 16.4% compared to 2019."

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Statistic 9

"China's semiconductor consumption growth rate was 9% in 2019, compared to the global average of (-) 12%."

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Statistic 10

"China's memory IC output capacity reached 100,000 wafers/month in 2019."

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Statistic 11

"China investments in semiconductors is expected to reach $150 billion over a 5-to-10 year period."

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Statistic 12

"China is projected to represent 65% of global semiconductor manufacturing equipment spending by 2021."

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Statistic 13

"China’s chip self-sufficiency ratio stands at around 30% as of 2020."

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Statistic 14

"China accounted for 60% of the global semiconductor market in 2019."

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In summary, China’s semiconductor industry has demonstrated significant growth and ambition in recent years, marked by impressive increases in domestic production, consumption, and investments. The country’s goal to increase local semiconductor manufacturing and reduce reliance on imports is underscored by its robust market performance and strategic initiatives. With projections pointing towards continued growth and dominance in the global semiconductor landscape, China’s role in shaping the future of the industry remains pivotal and poised for further expansion and innovation.

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