Himfr.com Reports on China’s IC Market Trends

BEIJING, May 13 /PRNewswire-Asia/ — Himfr.com
( http://www.himfr.com/list-product-Electrical_Equipment_Supplies.html ), one
of China’s leading B2B search platforms with more than 30 B2B industry
websites to its name, today reports on China’s IC market trends.

In recent years, with the slow development of the global IC market,
China’s IC market has failed to beat issues surrounding the transfer of
production capacity, the industry downturn and weakening demand, etc.,
resulting in a year-on-year decrease. In 2008, with the afore-mentioned
factors as well as the impact of financial crisis, the market witnessed a
below 10% growth for the first time, the full year only achieved sales of
RMB597 billion, an increase year-on-year of only 6.2 percent; seeing China’s
IC market growth rate on a downward spiral for five consecutive years.

The impact of the financial crisis in 2008, at the end of the third
quarter, has also has serious effects on the semiconductor industry. By the
cyclical development of industry factors, it is expected that the global
semiconductor market in 2009 will experience a first-time decline. Under the
influence of the downturn in the global industry, China’s IC market will also
slow down. It can be said that in 2009, China’s IC industry will be facing an
unprecedented difficult year.

On the one hand, weak domestic and foreign markets will lead to sluggish
domestic exports, while on the other hand, the lack of new projects to drive
production, despite the RMB exchange rate bringing advantages to the industry,
will not be not enough to offset the adverse effects of the market. Based on
this, Himfr.com’s consultant expects that the pace of development of China’s
IC market in 2009 will be maintained at about 3 percent.

In the long term, if the global economy in 2010 is stable along with
development, the semiconductor industry is expected to rebound. The Chinese
market, Himfr.com’s consultant forecasts, will continue to expand; its growth
rate will gradually be smooth, and will be closer to the global semiconductor
market development pace. Finally, these two market growth rates will remain
basically the same.

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SOURCE Himfr.com