The revenue of China's automotive electronics market in 2011 will reach 19.2 billion U.S. dollars, which is a 9.7% increase from last year's 17.5 billion U.S. dollars; and iSuppli predicts that in 2015 China's auto electronics market will receive revenue of 29.9 billion U.S. dollars. It is worth noting that under the promotion of some joint ventures, China will consolidate its key position in the global automotive industry chain.
The year-on-year growth rate close to double digits shows that China's auto electronics market is full of vitality. In addition, more and more automobiles in China have begun to adopt more advanced and complex electronic systems. In view of the increasing consumer demand for mid- to high-end automobiles equipped with a large number of electronic systems, the semiconductor equipment revenue of the Chinese automotive market reached US$3.8 billion, a year-on-year increase of 15.2%. Among them, information and entertainment accounted for the largest share of China’s auto wafer market, with revenue expected to reach US$1.2 billion in 2011; followed by powertrain and infotainment navigation systems, with revenues of US$979 million and US$7.18 billion, respectively.
In terms of electronic applications, in response to the Chinese government's call for the expansion of the 12th Five-Year Plan, manufacturers attach great importance to the two major areas of automotive active and passive safety systems and energy-saving power-saving mechanical devices, and are the most promising semiconductor fields in the next five years. In addition, as regards semiconductor parts, micro-component integrated circuits are considered to have the greatest potential for medium-term development; and the popularity of navigation systems in the next two to three years will also increase the output of memory integrated circuits.
In the first half of the year, due to the Great Japan Earthquake, Chinese automotive customers were worried about supply disruptions and ordered orders, causing semiconductor suppliers to rush to produce to ensure delivery. However, the negative impact of the Japanese earthquake is expected to disappear in the second half of this year.
The year-on-year growth rate close to double digits shows that China's auto electronics market is full of vitality. In addition, more and more automobiles in China have begun to adopt more advanced and complex electronic systems. In view of the increasing consumer demand for mid- to high-end automobiles equipped with a large number of electronic systems, the semiconductor equipment revenue of the Chinese automotive market reached US$3.8 billion, a year-on-year increase of 15.2%. Among them, information and entertainment accounted for the largest share of China’s auto wafer market, with revenue expected to reach US$1.2 billion in 2011; followed by powertrain and infotainment navigation systems, with revenues of US$979 million and US$7.18 billion, respectively.
In terms of electronic applications, in response to the Chinese government's call for the expansion of the 12th Five-Year Plan, manufacturers attach great importance to the two major areas of automotive active and passive safety systems and energy-saving power-saving mechanical devices, and are the most promising semiconductor fields in the next five years. In addition, as regards semiconductor parts, micro-component integrated circuits are considered to have the greatest potential for medium-term development; and the popularity of navigation systems in the next two to three years will also increase the output of memory integrated circuits.
In the first half of the year, due to the Great Japan Earthquake, Chinese automotive customers were worried about supply disruptions and ordered orders, causing semiconductor suppliers to rush to produce to ensure delivery. However, the negative impact of the Japanese earthquake is expected to disappear in the second half of this year.
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