2016年-数据局_普华永道：中国对半导体行业的影响-2015年报告_42页_3mb

Summary of "China's Impact on the Semiconductor Industry: 2015 Update"

Core Content

This report provides an overview of China's growing influence on the global semiconductor industry, highlighting its rapid expansion in both consumption and production over the past decade. It outlines key trends, market shares, and the role of major players in China's semiconductor ecosystem.

Main Points

China's Semiconductor Market Growth

• Market Leadership: China has grown from the smallest regional semiconductor market in 2003 to the largest by 2005, and has maintained its leadership position ever since.
• Consumption Growth: In 2014, China's semiconductor consumption grew by 12.6%, surpassing global growth rates and accounting for 56.6% of the worldwide market.
• Global Comparison: From 2003 to 2014, the worldwide semiconductor market grew by US$169 billion, while China's consumption grew by US$173 billion.
• CAGR: China's semiconductor consumption grew at a 18.8% CAGR (2000–2014), compared to a 6.6% CAGR for the global market.
• Market Concentration: China's share of the global semiconductor market increased to 56.6% in 2014, with a significant portion concentrated in data processing and communications, while its share in automotive and industrial/medical sectors decreased.

China's Semiconductor Industry Growth

• Industry Revenue: China's semiconductor industry revenue reached US$77.3 billion in 2014, up 17.5% from the previous year.
• CAGR: From 2004 to 2014, the semiconductor industry in China grew at a 20.5% CAGR, outpacing both consumption and global market growth.
• Global Share: In 2014, China's semiconductor industry accounted for 13.4% of the worldwide market, up from 12.0% in 2013 and 11.6% in 2012.
• Sector Distribution:
  • IC Design: Grew at a 36.8% CAGR from 2003 to 2014, reaching US$17.1 billion in 2014.
  • IC Manufacturing: Grew at 18.7% in 2014.
  • IC Packaging and Testing: Grew at 14.4% in 2014.
  • O-S-D (Optoelectronics-Sensors-Discretes): Grew at 12.8% in 2014.
• Industry Composition: In 2014, IC design (22.0%), O-S-D (36.5%), IC packaging and testing (26.5%), and IC manufacturing (15.0%) represented the main sectors of China's semiconductor industry.

IC Design Industry

• Enterprise Growth: The number of IC design enterprises in China increased from 583 in 2013 to 664 in 2014, a net increase of 81.
• Employment Growth: The number of employees in the IC design sector grew by 15% in 2014, reaching about 147,000.
• Revenue Growth: IC design sector revenue reached US$17.1 billion in 2014, with a 30% increase in revenue.
• Technology Advancement: The number of design enterprises with capabilities equal to or less than 0.25 microns increased by 16%, representing 46% of all IC design enterprises. These companies accounted for 53% of total IC design revenue.
• Foreign Influence: Around 250 of the 664 IC design enterprises are likely design or R&D units of foreign-invested or multinational companies.

Semiconductor Manufacturing

• Wafer Fab Capacity: China's total wafer fab capacity was 2.3 million 8-inch equivalent wafer starts per month in 2014, representing 11.7% of the global capacity.
• Foundry Production: Foundry capacity in China accounted for 39%, significantly higher than the 28% worldwide (Dedicated and IDM combined).
• O-S-D Production: China's O-S-D production capacity represented 36%, compared to 17% worldwide.
• 300mm Fabs: Only 10 300mm wafers were produced in China, compared to 118 worldwide.
• Technology Nodes:
  • Intermediate Technology: China's share of intermediate technology node (0.2 to 0.028 microns) capacity decreased to 13% in 2014.
  • Advanced Technology: China's share of advanced technology node (28nm or less) capacity reached 5% for the first time in 2014.

Key Information

• Consumption vs. Production Gap: In 2014, the gap between China's IC consumption and production reached US$20.1 billion, up from US$20.8 billion in 2003.
• Future Projections: The gap is expected to widen further, reaching US$151.5 billion by 2017, due to continued growth in consumption and modest improvements in production.
• Top Semiconductor Suppliers: The top 10 semiconductor suppliers to China in 2014 included Intel, Samsung, TI, Toshiba, SK Hynix, ST, Freescale, AMD, Qualcomm, and others. These companies accounted for 42.4% of China's semiconductor consumption in 2014.
• Government Initiatives: China's policies, such as tax incentives under the 12th Five-Year Plan, have contributed to the growth of its semiconductor industry, particularly in IC design and manufacturing.

Conclusion

China's semiconductor market and industry have grown significantly over the past decade, driven by increased consumption and strategic government initiatives. While China's semiconductor consumption has outpaced global growth, its production still lags, creating a growing consumption/production gap. The country's focus on IC design and foundry production continues to shape its semiconductor landscape, with increasing participation in advanced manufacturing technologies.