https://community.element14.com/learn/publications/w/documents/8095/china-s-fabless-semiconductor-market-set-for-growthen-USTelligent Community 12https://community.element14.com/learn/publications/w/documents/8095/china-s-fabless-semiconductor-market-set-for-growthThu, 07 Oct 2021 10:12:40 GMT93d5dcb4-84c2-446f-b2cb-99731719e767:43c37f07-f0e7-4b79-97ca-e8fa8adaaaa0e14newshttps://community.element14.com/learn/publications/w/documents/8095/china-s-fabless-semiconductor-market-set-for-growth#commentsCurrent Revision posted to Documents by e14news on 10/7/2021 10:12:40 AM<br /> <span>New research has suggested that China&amp;#39;s fabless semiconductor market is set for substantial growth.</span><br /><br /><span>Analyst estimates suggest that by 2015, revenue in the market will have reached $10.7 billion.</span><br /><br /><span>This is up from $5.2 billion in 2010, which was a rise of 23.6 per cent from the $4.2 billion revenue recorded the previous year.</span><br /><br /><span>IHS iSuppli, for example, explained that it expects revenue to reach $5.74 billion.</span><br /><br /><span>&amp;quot;China&amp;#39;s fabless semiconductor suppliers must focus on consumer electronics because the major characteristics of the market, including technology, price and quality, play to the strengths of Chinese chip designers,&amp;quot; explained IHS iSuppli.</span><br /><br /><span>In other industry news, ON Semiconductor recently opened a new global distribution centre in Singapore, which is expected to process an average of 50 million units per day.</span><br /><br /><span>The new facility, built and implemented in association with DHL, has opened at a cost of $3.5 million.</span><br /><br /><span>Posted by Simon Jones</span><a href="http://feeds.directnews.co.uk/feedtrack/justcopyright.gif?feedid=1785&amp;itemid=800579034"><img alt="ADNFCR-1785-ID-800579034-ADNFCR" src="http://feeds.directnews.co.uk/feedtrack/justcopyright.gif?feedid=1785&amp;itemid=800579034" /></a><div style="clear:both;"></div>