China's IC generation industry will account for one-third of the world after three years

March 20, 2012 - March 22, 2012, Qiu Ciyun, CEO and Executive Director of SMIC International Integrated Circuit Manufacturing Co., Ltd., was presented at the opening keynote address at SEMICON China in Shanghai New International Expo Center. A speech entitled "Development and Opportunities for China Semiconductor".

Qiu Ciyun said in his first speech: "I am very happy that the semiconductor industry has passed through the haze of 2011. Last year, due to the impact of natural disasters worldwide, the semiconductor industry's related industrial chain suffered a lot from the first quarter of 2012. From the perspective of the situation, the entire semiconductor industry has recovered, and for the global market, it is expected that the Asian market represented by China and India will slow down and grow moderately during the 12th five-year period."

Qiu Ciyun talked about the development and opportunities of China's semiconductors. He said that the market for China's IC industry will continue to grow in the future. After three years, China's IC generation industry is expected to account for one-third of the world's total. Qiu Ciyun also took Hynix's successful transformation as an example. Hynix rose from bankruptcy to stability among the top ten foundry companies in the world, encouraging Chinese semiconductor foundries to have the confidence of latecomers.

In addition, Qiu Ciyun talked about the situation of SMIC, he said that in 2013 SMIC's 28nm chip will be officially put into production and provide mass production. Today, SMIC is already a world-renowned foundry company and the world's fourth-largest manufacturer. In the first quarter of this year, the growth of the semiconductor industry is flat, and it is hoped that the semiconductor market will usher in the second quarter.