Jason wu
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IC design industry in China under financial crisis
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Jason wu
11/07/2008 2:38 AM
post16155
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IC design industry in China under financial crisis
From last year IC design industry in China has been experiencing a turndown. And the financial crisis also brings
negative effect on China’s IC design industry. The situations of IC design companies are not optimistic. The sales of
many IC design companies go down.
Although the situation is not very good, there also exists many opportunities. Many IC design companies are taking
reform in order to get through the hard period. A leader of an IC design company said that they were taking actions in
two aspects, one was looking for new investment opportunity and the other was to devise much more new products suitable
for the market. As for investment, the most important is the investment environment. For example, Tianjin Binhai New
Area (TBNA) is a ideal place for IC design companies to invest. There the government supply a lot of free supports to IC
design companies, including funding, employee recruitment, sales as well as many other efficient government service.
As for the whole situation of the industry, Li Ke, Director of Information Department in China Semiconductor Association
, said, “It is forecast that IC design industry in our country will soon step into a fast-growing period in the near
future. In the next five years the growing period of IC design industry will be above 30%.”
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