Research and Markets (http://www.researchandmarkets.com/research/lvr693/integrated) has announced the addition of the "Integrated Circuit Manufacturing Industry in China 2011-2015" report to their offering.
One of the key factors contributing to this market growth is the increasing demand for semiconductor-based devices. The Integrated Circuit Manufacturing industry in China has also been witnessing an increasing demand for electronic products. However, the global economic slowdown could pose a challenge to the growth of this market.
The key vendors dominating this space are Freescale (China) Semiconductor Co. Ltd., MSI Electronics (Shenzhen) Co. Ltd., Infineon Technologies (China), Hynix-ST Semiconductor Ltd., and Semiconductor Manufacturing International Corp.
Other vendors mentioned in the report are Flextronics International Ltd., RF Micro Devices (Beijing) Co. Ltd., Shanghai Hua Hong NEC Electronics Co. Ltd., WistronInfoComm (Zhongshan) Co. Ltd., and ECS Manufacturing (Shenzhen) Co. Ltd.
Commenting on the report, an analyst from TechNavio's Hardware team said: ''The increasing demand for technologically advanced electronic products will lead to an increase in the manufacturing of integrated circuits (ICs) in China. Although the demand for PCs is reducing, the demand for devices such as smartphones, tablet PCs, solid state lighting sources, and IC cards has been on the rise. This, coupled with the increasing demand for technologies such as organic light emitting diodes and light emitting diodes, has increased the demand for ICs, contributing to the growth of the IC Manufacturing industry in China.''
According to the report, the emergence of technologically advanced devices such as smartphones, tablet PCs, solid state lighting devices, and smart cards/IC cards has led to an increase in the demand for ICs. This is because ICs are a peripheral component in these devices. Hence, the increasing adoption of these devices by consumers is expected to increase the demand in the IC Manufacturing industry in China. Furthermore, the increasing number of applications of ICs and the increasing penetration of the above-mentioned devices in domestic markets will also foster the growth of the IC Manufacturing industry.
Further, the report reveals that the main challenge faced by the market is the global economic slowdown.
For more information visit http://www.researchandmarkets.com/research/lvr693/integrated