China IC design industry to generate over CNY350 billion in 2020, says Digitimes Research

, DIGITIMES Research, Taipei

Sep 1, 2020, 15:44 0

China's 14th Five-Year Plan to focus on IoT chips

China's IC design industry is forecast to generate more than CNY350 billion (US$51.1 billion) in sales in 2020, representing a CAGR of 22% from 2016 to 2020 - the timeframe of the country's 13th Five-Year Plan, according to Digitimes Research.

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