English
PwC sees China growth despite IP fears
Rick Merritt, EETimes
1/11/2012 7:24 PM EST
SAN JOSE, Calif. – Some companies are still standing on the sidelines of growth opportunities as China expands its domestic market and technical clout, said a PriceWaterhouseCoopers executive.
China consumed about 40 percent of the world's $298 billion in semiconductors in 2010, a slice set to expand to 50 percent as it grows as a systems maker to the world, according to a PwC report published late last year. The country now makes more than 70 percent of all handsets and PCs and nearly half all color TVs, it said.
China's chip consumption is still outgrowing the scale and sophistication of its internal chip production, opening a door to future opportunities, said Raman Chitkara, a PwC partner and head of the company's technology practice based in Silicon Valley.
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