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From its latest study on the global semiconductor chip design industry, market researcher TrendForce finds total revenue of the top ten global VLSI semiconductor IC chip design houses reached US$39.56 billion in second quarter of 2022, a growth of 32% year over year. The broad areas of demand for chips include AI driven data centers
Chinese chip design unicorn JLSemi has secured nearly $100 million in a Series C funding round.
As the US constantly pushes for a so-called financial decouple from China, Chinese firms have been shifting to new overseas markets such as Switzerland to expand capital-funding channels.
China's chip sector is growing fast but it's still consuming far more than it produces - with growth driven by US sanctions.
Figures from TrendForce show that the top ten IC designers worldwide posted a combined revenue of $39.43 billion in 1Q22, representing YoY growth of 44%.