Posted on Monday, April 28th, 2008 at 12:30 pm
China Semi Market to Top $28B in 2011, IDC Reports
EDN
Driven by computing and consumer electronics demand, the Chinese semiconductor market will surpass $28 billion in 2011, according to Framingham, Mass.-based market research company IDC.
“China is an attractive market with opportunities and challenges. To be successful, semiconductor vendors must keep in mind the dynamic characteristics of the Chinese market and the strong influence of the local government on business practices and policies. Local support and expertise, appropriate partnerships with leading domestic OEMs, and workforce localization will give semiconductor vendors an advantage in competing for future business,” explained Patrick Liao, research manager for Asia/Pacific semiconductors at IDC, in a statement.
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