NewsCompany newsIndustry News

2017

12/11

Smiths Interconnect opens new factory in Suzhou, promotes core business with multiple product lines and increases investment in China market

This article is taken from: China Semiconductor Industry Association IC Design Network

According to WSTS (World Semiconductor Trade Statistics Association), 17Q2 global semiconductor industry revenue reached 97.9 billion US dollars, an increase of 24% year-on-year, an increase of 6%. According to statistics from the China Semiconductor Industry Association, China's IC industry in the first half of 2017 saw a global growth rate, with industry sales of 220.13 billion yuan, a year-on-year increase of 19.1%. At the same time, benefiting from the transfer of global semiconductor packaging and testing industry to the mainland, China's packaging and testing industry achieved sales of 80.01 billion yuan from January to June 2017, an increase of 13.2% year-on-year.

Smiths Interconnect's new move in promoting the development of China's semiconductor industry also confirms this shift.

Smith Internet Group is part of the Smiths Group, one of the UK's top 100 companies. It is a global leader in connectors, components, microwave components, subsystems, RF products, semiconductor testing and other product manufacturers. The Smith Group is a global leader in advanced technology applications such as improving safety, protecting health, and increasing productivity. The Group has five business units, John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect, and Flex-Tek, with more than 50 operations worldwide Countries. The Smith Group has established factories in Suzhou, Hangzhou, Tianjin and Changshu in China to provide innovative technologies for China.