China would Become the Largest Chip Market in the Globe

2004-02-20 08:03

According to specialists, China would soon become the largest global chip market. Sales of semiconductor enterprises in China would be US$ 0.1 trillion, accounting for 35% of the global market in 2008. One reason for rapid development of China's semiconductor industry is that the production of most electronic enterprises in the world is being transferred to China or other nations with low- paid salaries .STM established the first plant in Singapore in 1984. Germany Infineon established branches in six cities of China, headquarters in Shanghai, with 800 stuff .in China branch. Infineon also established a design center and branch in Jan. in Xi'an, China. Nowadays, hourly pay per worker of company with chip manufacture in China only accounted for 6% of the same trade in US.