China’s semiconductor industry grew by 14.4% in 2011 to reach a record $43.5 billion. Measured in US dollars, China’s semiconductor industry growth was more than ten times greater than that of the total worldwide semiconductor industry growth. A significant portion of that exceptional growth of China’s semiconductor industry was attributed to the IC design or fabless sector, which grew by more than 36% in 2011. From the Chinese perspective, five percentage points of that increase was the result of China’s continuing revaluation of the RMB. Measured in local (RMB) currency, China’s semiconductor industry grew by 9.3% in 2011, less than half of what Chinese officials had forecast, but still several times greater than the total worldwide industry.http://www.wesrch.com/wiki-2273-strong-but-variable-growth-china-s-semiconductor-industry
Strong but variable growth – China’s semiconductor industry
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