Jul 28,2022
According to IHS Markit, China is the world's largest consumer of power semiconductors. In 2018, the market demand for power semiconductors in China reached US\$13.8 billion, with a growth rate of 9.5%, accounting for 35% of global demand. It is expected that the market size of power semiconductors in China will reach US\$15.9 billion in 2021, with a compound annual growth rate of 4.8%, slightly higher than the global growth rate. The huge market demand also means that there is a large space for import substitution for domestic manufacturers.
Sep 29,2020
Breakthrough for "China Core": Huge room for domestic substitution of power semiconductors
According to IHS Markit, China is the world's largest consumer of power semiconductors. In 2018, the market demand for power semiconductors in China reached US\$13.8 billion, with a growth rate of 9.5%, accounting for 35% of global demand. It is expected that the market size of power semiconductors in China will reach US\$15.9 billion in 2021, with a compound annual growth rate of 4.8%, slightly higher than the global growth rate. The huge market demand also means that there is a large space for import substitution for domestic manufacturers.
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