On January 28, 2011, the State Council issued "a number of policy further encourage the development of software industry and integrated circuit industries",the govenment offers great supports on the software and IC industry in taxation, investment and financing, research and development, import and export, In particular, investment and financing policies to further refine and provide a strong guarantee for the long-term rapid development of IC industry. Under the impetus of the new policy, IC companies will enter the next round of rapid development stage to full integration of resources as a means to achieve a win-win situation, investment and financing and mergers and acquisitions and capital markets.In 2011 sales of China's IC industry grew 9.2%, the scale is 157.221 billion yuan. IC production is 71.96 billion, an increase of 10.3%. Driven by substantial growth, the pace of development for IC design business continues to outpace the country, in 2011 sales revenue of the IC industry reached 12.162 billion yuan, accounting for 8.4% of the total sales revenue of the national IC industry. |
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The Investment And Mergers Of Chinese IC Enter Active Phase