Special funds for integrated circuits to be built in China

China's integrated circuit industry has developed well in the past two years. On the one hand, the market demand is rising. On the other hand, the state has continuously issued favorable policies to support it. China's integrated circuits are facing a great opportunity for development. In the near future, the state will establish a special fund for integrated circuits to further support the development of integrated circuits.

Shangpu consulting industry analysts pointed out that in recent years, with the transfer of global electronic product capacity to Chinese Mainland, China's integrated circuit industry has also achieved rapid development and its position in the global integrated circuit industry has also been rapidly improved. Relevant data show that the sales output value of China's integrated circuit industry in the whole year was 269.3 billion yuan, a year-on-year increase of 7.9%, 2.9 percentage points higher than that of the previous year.

There is still a huge space for the development of integrated circuits in China in the future. With the implementation of the national "information benefiting the people" project, the popularization of resident health cards, financial social security cards, citizen cards, etc. has accelerated, and the financial IC cards are at the peak of issuance. In 2014, domestic financial IC chips will also be gradually commercialized, and the demand for mobile payment chip products will increase greatly. The severe environmental protection situation in China, the increasingly stringent requirements for energy conservation and environmental protection of complete machine products, and the demand for intelligent management of electric energy and energy have brought opportunities for the semiconductor industry; After the domestic 4G license is issued, the market of various new products for 4G applications will grow rapidly; The development of automotive electronics and the automotive Internet of things has also provided great growth space for the development of the integrated circuit industry.

However, China's integrated circuit industry is also facing great problems. The state is also aware of the importance of this basic industry to the national economy and has begun to increase support for the integrated circuit industry. In 2014, the Ministry of industry and information technology established a special development fund for integrated circuits, and predicted that the growth rate of the integrated circuit industry would increase by 5-10 percentage points over last year, reaching more than 15%. At the two sessions this year, it was also clear to set up an entrepreneurship and innovation platform for emerging industries, catch up with and surpass the advanced in the new generation of mobile communications, integrated circuits, big data, advanced manufacturing, new energy, new materials and other aspects, and lead the future industrial development.

In the 2014-2018 Market Research Report on China's analog integrated circuit industry, Shangpu consulting mentioned that the integrated circuit industry has a strong overall recovery, accelerated production and sales growth, substantially improved benefits and further enhanced domestic industrial strength, which has played a positive role in improving the core competitiveness of China's electronic information industry, driven by the increased support of national policies and the improving market demand situation. With the rise of 4G, the domestic integrated circuit (chip) industry is likely to rise.