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Fabless Firms to Rocket in China
By David Manners -- Electronics Weekly, 11/16/2004
Revenues of fabless semiconductor companies in mainland China will grow 32 percent per year for the next four years, according to iSuppli.
The analyst firm said Chinese fabless companies will grow from $400 million annual revenues this year, to nearly $1.2 billion in 2008.
Industry drivers will be partly market demand as Chinese OEMs become increasingly confident about local quality and reliability of supply, and partly though government stimulation, iSuppli said.
The largest Chinese fabless chip company is Beijing Datang Microelectronics with sales of $60 million. A further 12 companies, out of a total of 468 fabless chip houses, had sales in excess of $12 million.
The Beijing and Shanghai foundry SMIC has identified 463 fabless semiconductor companies in China. "120 of the 463 are really promising," said Richard Chang, chairman and CEO of SMIC.
Electronics Weekly is the London-based sister publication of Electronic News.
