China sold $12.5bn worth of last year

China’s semiconductor industry value chain was worth $48 billion last year, according to the China Semiconductor Industry Association (CSIA) but is largely contributed by foreign companies.

The output value of the China semiconductor industry was $12.5bn in 2014, of which $5bn came from IC design, $3.7bn from fabrication, and $3.8bn from packaging and testing.

80% of the wafers produced in China came from TSMC, says the CSIA.

The China government is investing heavily to create an indigenous memory industry, says the CSIA, because China is the largest memory market and buys 75% of global memory production..

david manners

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