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So how much of the global chip and semiconductor market consumption? According to the 2018 chip industry analysis report, global chip sales last year totaled $478.4 billion, equivalent to 3.2 trillion yuan. Among them, China, the United States, Europe and Japan are the major powers in semiconductor chip consumption.
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In 2018, the total sales of semiconductor chips in China reached 158.4 billion US dollars, equivalent to 1.06 trillion yuan, an increase of 20%. This figure accounts for 33.1% of the global total, which means that one-third of the world's chips are consumed in China. As a result, China is also the world's largest consumer market for semiconductor chips.
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Why compare chip consumption? Because chips are the core creativity of science and technology, the number of chips consumed can greatly reflect the industrial level and scientific and technological level of a country. Because as we all know, for quite a long time in the past, China has hardly any technology products or smart products. China's consumption in this area is greatly dependent on neighboring South Korea and Japan, and even the United States on the other side of the ocean.
However, due to the rise of modern science and technology in China in recent years, China's demand for chip consumption is increasing. Including the rise of domestic mobile phones, cloud computing, intelligent AI, 5G communications and other fields, China has entered a new era of science and technology, and even many fields are in the forefront of the world.
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In addition, let's look at the demand for chips in the United States. In 2018, the United States chip sales were $103 billion, equivalent to 693.5 billion yuan, an increase of 16.4%, accounting for 21.5% of global consumption. Therefore, the market demand of China and the United States exceeds half of the global consumption, and the United States becomes the world's second largest chip consumer after China.
European chip sales in 2018 were $43 billion, equivalent to 289.5 billion yuan, an increase of 12.1% year-on-year, accounting for 9% of the total global consumption. Europe is also the world's third largest chip consumption region.
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Finally, Japan, chip sales in 2018 also reached 40 billion US dollars, equivalent to 269.6 billion yuan, an increase of 9.2%, accounting for 8.4% of the total global consumption.
Excluding the above regions and countries, the total sales of chips in other regions or countries totaled $124.5 billion, equivalent to 838.3 billion yuan, accounting for 26% of global consumption. This accounts for a relatively large number of South Korea, because South Korea Samsung has been developed for more than 30 years, almost every South Korean people are inseparable from the Samsung brand.
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In addition, the size of China's chip market is very large, which makes China not only the world's largest chip exporter, but also the world's largest chip importer. In 2018, the number of chip tuples imported by China reached 400 billion, an increase of 10% year-on-year, and the consumption amount reached 2.06 trillion yuan.
How big is that number? In fact, in 2018, China's total imports of goods were 14.09 trillion yuan, and the consumption of chips accounted for 14.62%, which is already large enough. Last year, China imported 1.59 trillion yuan of oil, and oil consumption has not caught up with chip consumption. This is enough to show that China has already transformed from traditional industries to intelligent technology industries and become a new technology power.
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How do you feel about global chip consumption and China's technological development?
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