Semiconductor Market in China 2012-2016 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-21 17:36:03
The Semiconductor market in China to grow at a CAGR of 24.4 percent over the period 2012-2016. One of the key factors contributing to this market growth is the globally increasing demand for smartphones and tablets. The Semiconductor market in China has also been witnessing large capital expenditure by the global companies to set up a semiconductor manufacturing base in China. However, reducing the gap between consumption and production of semiconductor in China could pose a challenge to the growth of this market.
The Chinese government has been working on a number of initiatives to improve the Semiconductor market in China. One such initiative is the 12th five-year plan which provides tax incentives for domestic semiconductor companies that were established in the country since 2011. This plan also provides strategies to expand the demand in the domestic market, subsidies, and protection of IP rights. The highlight of these initiatives is the support given by the Chinese government for the shift of focus from just semiconductor output to include R&D as well.
Click for report details: www.companiesandmarkets.com/Market/Information-Technology/Market ..
Browse all Information Technology Market Research Reports www.companiesandmarkets.com/Market/Information-Technology/Market ..
Browse all Information Technology Company Profile Reports www.companiesandmarkets.com/Market/Information-Technology/Compan ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.