Posted on Monday, February 12th, 2007 at 1:11 pm
SHANGHAI’S semiconductor industry reported its first profitable year in its history in 2006 amid rapid growth of the local chip design sector, the Integrated Circuit Industry Association said yesterday.
The city’s semiconductor industry earned one billion yuan (US$128 million) in 2006 as giant chip firms, including Huahong Group and Grace Semiconductor Manufacturing Corp, performed strongly, said Xue Zi, vice secretary general of SICA. But he didn’t reveal the industry’s past losses.
