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China's IC Design Industry Revenue Grew 24 Times Within 10 Y
The strong growth of China's IC design industry in the past 10 years enhanced the visibility of the Chinese semiconductor companies. According to PwC's annual report, "China's influence on the semiconductor industry," shows that China's integrated circuit (IC) design industry revenue rose from $ 500 million in 2003 to $ 13.2 billion in 2013, an increase of 24 times. The unprecedented growth of the industry enhanced the visibility of the Chinese semiconductor companies. In 2003, Gartner Di News (GartnerDataquest) annual global market share in the semiconductor industry database covers the 200 semiconductor companies, only 11 Chinese companies. Ten years later, in 2013. The database includes 288 international semiconductor companies in 32 enterprises from China. Mature semiconductor companies in this industry, there are currently more than 11% of companies from China, which accounted for nearly 2% of the global semiconductor industry revenue.
    
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