According to the latest report of TrendForce, China’s IC design industry revenue will reach RMB 200.6 billion in 2017, a yearly growth of 22%. The growth rate is expected to remain at around 20%, totaling RMB 240 billion in 2018, pointed out by Cici Zhang, analyst of TrendForce.
According to TrendForce’s latest report, the global revenue for semiconductor foundry is expected to reach $57.3 billion in 2017, an increase of 7.1% compared with 2016, marking the fifth consecutive year with a growth rate over 5%.
Thanks to the gradual recovery of smartphone market and the advent of busy season, mobile DRAM demands picked up on Q3, boosting prices. Average price hike for mobile DRAM was less than 5% in Q3, mainly for narrowing regional price differences and slightly raising quotes for high-density models, as a result of the sequential revenue growth of 4.3%. SK Hynix racked up remarkable 30% growth, the highest among the top three suppliers, according to DRAMeXchange, a research division of TrendForce.
China’s semiconductor industry has been thriving since 2015 driven by the Chinese government’s supportive policy and industry fund, with the revenue expected to exceed RMB 620 billion in 2018. According to TrendForce’s latest report Breakdown Analysis of China’s Semiconductor Industry, the Chinese government will continue supporting heavily in this industry at levels of central government and local authorities. In addition to assisting weak yet significant nodes in the industry chain, the National IC Investment Fund (called the "Big Fund") will mainly focus on three key sectors in the coming years, including memory, SiC/GaN compound semiconductor, and IC design with its application in IoT, 5G, AI, smart vehicles, etc.
DRAMeXchange, a division of TrendForce, reports a growing demand for NAND Flash under the influence of traditional peak season and increasing demand for smartphones and SSD from servers and data centers. The gap between supply and demand is larger compared with the previous quarter. However, the contract price of all product lines increased no more than 0-6% in this third quarter after a long period of continuous price increase, and the current price is approaching the highest level that OEM factories can afford.