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ASAT Holdings Limited (ADR) |
Overall, the growth rate of China-based IC production is likely to be
very strong through 2010, IC Insights said. But considering that
China's production was only about $2.6 billion in 2005, this growth
will come off a small base.
IC Insights forecasts that China-based IC production will rise to
$12.1 billion in 2010, a 36 percent CAGR for 2005 to 2010. Even with
that kind of growth, China's production would only account for 4
percent of worldwide production. Moreover, it would be only about 10
percent the size of the $124 billion Chinese IC market forecast for
2010, the market research firm observed. --- ASAT is going to grab a
piece of this growth, watch and see this stock move up over the next 5
years. T