Industry Analysis & Industry Trends
During the five years through 2014, revenue for the Semiconductor Manufacturing industry is expected to grow 16.5% per year to reach $61.2 billion. The industry developed strongly in the years through 2008 but in 2009, as the global recession hindered the world's economic growth, industry revenue fell 1.7%. In 2010, industry revenue increased 55.1% due to the recovery of demand from domestic and foreign markets. In 2011 onward, growth returned to normal levels.
International trade is very important to the Semiconductor Manufacturing industry in China. In 2014, exports account for 46.8% of industry revenue at $28.6 billion. Competing imports total an estimated $32.3 billion and account for 49.8% of domestic demand.... purchase to read more
Industry Report - Starting a New Business Chapter
New participants are discouraged from entering the industry as they need to invest in large and efficient manufacturing facilities. There are high costs associated with the construction of facilities and the development of new manufacturing lines, which can be a significant deterrent to entry.
Existing firms have technical expertise, skilled workers and advanced technology. It can, therefore, be difficult for new firms to establish the necessary processes to enter the industry.
Industry association, environmental and government regulations also cause some barriers for new entrants. Due to the hazards, materials, and waste that firms in this industry produce, local and provincial governments require environmental approvals to operate in the industry... purchase to read more