Semiconductor manufacturing in China to grow 11-15%

iSuppli expects China’s semiconductor revenue in 2006 to rise in a range from 11% to 15%. Such growth would put China’s semiconductor market at a size varying from $41 bln to $43 bln at the end of the year. This is down from iSuppli’s year-ago forecast of 18% growth in 2006. China’s semiconductor market amounted to $37 bln in 2005, up 13% from 2004.