Summary
This document is a market brief that presents an analysis of the China semiconductor market as of July 2023. It outlines the decline in China's integrated circuit (IC) imports in 2022, which occurred after several years of growth, primarily due to a global semiconductor downcycle and geopolitical factors affecting high-end semiconductor chip imports. The brief also provides an update on worldwide foundry revenue from China's IC design market, highlighting the revenue shares of key players such as TSMC and SMIC. Furthermore, it discusses the growth potential of the power semiconductor market in China, emphasizing the increasing local supply. The document includes a forecast for microcontrollers (MCUs) and microprocessors (MPUs) in the Chinese electric vehicle (EV) market, noting a significant projected increase in usage from 2022 to 2027. The analysis indicates a shift towards more integrated and standardized designs in the EV sector, reflecting broader trends in the automotive industry.
