The Eleventh Five-Year Plan goals expected to be realized 3 years ahead of schedule
BEIJING, Aug. 8 /Xinhua-PRNewswire/ -- CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange: HK08235), has released its latest Research Report on China's IC Industry, January-June 2007. Data shows that thanks to a continuous semiconductor market and a stable electronic information manufacturing industry, China's IC industry continued to maintain a rather fast and stable growth in the first half of 2007. CCID Consulting's statistics show that between January and June, China's IC output totalled 19.74 billion pieces, up 15.2% over the first half of 2006. Sales revenues in the whole industry totalled 60.722 billion Yuan, up 33.2% year-on-year, representing a fallback from the ultra 48% high growth in the first half of 2006.
In the first half of 2007, the various links of the IC industry, namely IC design, chip making and packaging & testing performed differently. Despite the slowdown of the global semiconductor market in the first quarter, sales revenues in China's chip making, packaging and testing industries continued to expand rapidly. This was mainly driven by the newly built production lines. Between January and June, sales revenues in the chip making industry reached 18.405 billion Yuan, up 34.3% year-on-year. In the packaging and testing industry, sales revenues amounted to 32.784 billion Yuan, up by 36.1% year-on-year. Due to a sluggish MP3 and video camera market, sales revenues in China's IC design industry reached 9.532 billion Yuan, representing a fallback in growth, down to 22.8% from 50.8% in the first half of 2006.
Regionally, the Yangtze River Delta Region has the most intensive IC industry in China. It was also the fastest-growing industry in the country in the first half of the year. CCID Consulting's data shows that between January and June, IC sales revenues in the region reached 44.723 billion Yuan, up 37.2% year-on-year. The Beijing-Tianjin Bohai Sea Rim Region and the Pearl River Delta Region are also intensive IC regions in China. In the first half of this year, the IC industry slowed down in some degree in both regions. In the Pearl River Delta Region, the industry saw its growth rate drop to 24.7% from the ultra high rate of 60.6% in the first half of 2006, reaching 3.252 billion Yuan. In the Beijing-Tianjin Bohai Sea Rim Region, IC sales revenues totalled 11.21 billion Yuan, up 21.6% year-on-year.
To sum up the market and industry environment both at home and abroad, China's IC industry will bid farewell to the 43% high growth in 2006 and enter a relatively stable development cycle. For the whole year, industry size growth will drop to around 30%. Sales revenues are expected to remain around 131 billion Yuan. The chip making, packaging and testing industries will be the main driving forces for industry expansion. Despite a slowdown, China will no doubt continue to have the fastest growing IC industry in the world in 2007. It will also gain a higher position in the global IC industry. By the end of this year, China 's IC sales revenue is expected to account for over 8% of that of the world. This means that China's goal to "bring its IC industry to 8% of the global industry by 2010" in the Eleventh Five-Year Plan will be realized 3 years in advance.
About CCID Consulting
CCID Consulting Co., Ltd. (also known as CCID Consulting), the first Chinese consulting firm listed in the Growth Enterprise Market of the Stock Exchange (GEM) of Hong Kong (stock code: HK08235), is a direct affiliate of the China Center for Information Industry Development (hereinafter known as CCID Group). Headquartered in Beijing, CCID Consulting has so far set up branch offices in Shanghai, Guangzhou, Shenzhen and Harbin, with over 300 professional consultants and industry experts. The Company's business scope has covered over 200 large and medium sized cities in China. Apart from home market development, CCID Consulting is establishing international cooperation links across the United States, the Asia-Pacific region, and Europe by setting up agents in the U.S., Japan, South Korea, Australia, Singapore, Italy, and Russia with the aim of going global.
Based on four major competitive areas of powerful data channels, industrial resources, intense knowledge and deep understanding of information technology, CCID Consulting provides customers with consulting, research, and IT outsourcing services covering strategy planning, IT application, marketing strategy, human resources, and information technology outsourcing. Our customers range from industrial users in IT, telecommunications, energy, finance, automobile, to government departments at all levels and diversified industrial parks.
CCID Consulting is committed to becoming the No. 1 brand for strategy consulting, the No. 1 consultant for enterprise management and the No. 1 expert in market research. For more information, please visit our website at http://en.ccidconsulting.com .
