China's semiconductor equipment industry continues to maintain rapid growth

Semiconductor equipment mainly includes integrated circuit equipment, photovoltaic equipment, LED equipment and discrete device equipment. In recent years, China's semiconductor equipment industry has developed rapidly, and the market scale has gradually expanded. In 2019, China's semiconductor equipment continues to maintain rapid growth. According to the statistics of major economic indicators completed by China's 47 electronic equipment manufacturers with more than 47 domestic semiconductor equipment manufacturers (annual sales revenue of more than 5 million yuan) in 2019: Semiconductor equipment sales revenue was 16.182 billion yuan, an increase of 30% year-on-year; semiconductor equipment export delivery value was 1.635 billion yuan, an increase of 2.6% year-on-year; semiconductor equipment manufacturers achieved a total profit (including all products) of 2.713 billion yuan, an increase of 26.7% year-on-year . In addition, from 2016 to 2019, the annual sales revenue of Chinese semiconductor equipment manufacturers increased by an average of 41.3%, the total profit increased by an average of 23.5%, and the export delivery value increased by an average of 27.8%.

 
In addition, China's orders for integrated circuits and photovoltaic equipment are growing rapidly. On the basis of the fact that orders in 2019 are basically saturated, the first half of this year will remain good. At the same time, SEMI data shows that the scale of the semiconductor equipment market in mainland China reached 13.45 billion US dollars in 2019, accounting for 22.5% of the global semiconductor equipment market, ranking second in the world. In addition, against the backdrop of shrinking of the entire semiconductor industry in 2019 and global semiconductor equipment sales falling by 7%, China's semiconductor equipment market demand still maintains a 3% growth. It can be seen that the scale of China's semiconductor equipment market is huge.