QYR in News

On November 18, 2024, the 20th China International Semiconductor Expo (IC China) opened grandly in Beijing. As an annual event for the semiconductor industry, this expo attracted many top companies and professionals from around the world to participate and discuss the future development trends and technological innovations of the semiconductor industry.

As a world-renowned semiconductor industry research and consulting organization, at this expo, the QYResearch semiconductor team communicated with many semiconductor companies including Yangtze Memory Technologies, Hua Hong Semiconductor, Nexchip Semiconductor Corporation, ACM Semiconductor, China Resources Microelectronics, Disco, NAURA, Shanghai Microelectronics, HT-tech, Tongfu Microelectronics, Jiangfeng Electronics, Wuhan Xinxin Semiconductor Manufacturing, GreaTech Substrates (a subsidiary of Shennan Circuits), Empyrean Technology, Xuzhou B&C Chemical, Hefei Sanyue Semiconductor Technology, CESE2, CESE3, CEEDI, Hefei Kaiyue, etc., to learn about new market dynamics, new products, and new trends, and share QYResearch's professional research results in the semiconductor field.

The main highlights of this survey are:

Highlight 1: Chinese local semiconductor equipment companies are expected to have a generally fast growth rate in semiconductor business revenue in 2024. In contrast, semiconductor equipment companies in the United States, Japan, South Korea and Europe are expected to have a significantly lower revenue growth than Chinese companies in 2024.

 

Highlight 2: China's local semiconductor equipment parts companies have the characteristics of many new entrants, fast product interviews, and high corporate revenue growth.

 

Feature 1:

New companies continue to enter: In the field of semiconductor equipment, a large number of companies that originally made refurbished equipment have started the self-development model.

 

Feature 2:

Fast growth: For example, Kema Technology, Jiangfeng Electronics, Jiangsu Pioneer Precision, Fuchuang Precision, and Mifei Technology all maintained rapid growth in 2024.

 

Feature 3:

New products are constantly coming to market: There are many such companies, and the most impressive ones include Jiangfeng Electronics, whose products extend from sputtering targets to semiconductor equipment parts (such as chambers, showerheads, heaters, CMP polishing heads, CMP adsorption membranes, metal parts, ceramic parts), and then to semiconductor materials (such as ceramic substrates DBC/AMB, CMP polishing liquids), etc.

Since the beginning of this year, global semiconductor sales have gradually emerged from the downward cycle and ushered in new industrial development opportunities, but they are still facing changes and challenges in the international environment and industrial development.

 

Global semiconductor trends:

According to the World Semiconductor Trade Statistics (WSTS), the global semiconductor scale will reach US$526.8 billion in 2023, and global semiconductor sales will be US$166 billion in the third quarter of 2024, an increase of 23.2% from the third quarter of 2023 and 10.7% from the second quarter of 2024. According to QYResearch's forecast, the global semiconductor scale is expected to reach US$856 billion in 2030.

 

 

QYResearch (Beijing Hengzhou Bozhi International Information Consulting Co., Ltd.) was founded in 2007 and is headquartered in Los Angeles, USA and Beijing, China. After more than 17 years of continuous precipitation, QYResearch is a world-renowned large-scale consulting company, a research institution with in-depth analysis capabilities of the global high-tech industry, and provides corporate consulting services. The business covers more than 160 countries in the world, with fixed marketing partners in more than 30 countries around the world, branches in the United States, Europe, Japan, South Korea, India, etc., and offices and professional research teams in major domestic cities such as Beijing, Shijiazhuang, Taiyuan, Datong, Chongqing, Chengdu, Changsha, Wuhan, Kunming, Guangzhou, Rizhao, etc.

The industry covers various high-tech industry industry chain segments, such as semiconductors, consumer electronics, optoelectronic displays, chemical materials, renewable energy, automotive technology, 5G communications, artificial intelligence, robots, machinery manufacturing, food and drugs, medical devices, agriculture, oil and gas, etc. The analyst team comes from elites in various industries and has profound attainments and rich research experience.

The semiconductor industry spans semiconductor equipment/components, semiconductor materials, IC design, manufacturing, packaging and testing, memory, discrete devices, sensors, optoelectronic displays, engineering services, etc. We provide in-depth market research services to customers in the global and Chinese semiconductor industry chain, helping related industry companies to develop faster.