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 - Industry Investment Chapter
The Chinese Semiconductor Manufacturing industry has a high level of capital intensity. Although production tends to rely on large-scale investment in capital equipment, there is still a heavy reliance on labor inputs.
Large start-up capital investment and ongoing research and development expenses attribute to the capital-intensive nature of this industry. The level of capital tied up in manufacturing facilities, which produce high-technology semiconductor devices, is increasing.
In 2014, for every dollar spent on wages (including management and administration costs), about one dollar is invested in capital... purchase to read more