On July 7, according to Omdia's latest report titled 'Semiconductor Application Market Forecast Tool (AMFT) - China Region for Q2 2026', the Chinese semiconductor market is projected to see a significant year-on-year growth rate adjustment to 92.9% by 2026, reaching $812.08 billion. This marks an increase of $265.6 billion compared to the previous AMFT shipment volume update for China in Q4 2025, which estimated a 31.26% growth, bringing the market size to $546.5 billion, reflecting an overall adjustment of 48.6%. Additionally, Omdia's latest data for Q2 2026 indicates that the Chinese semiconductor memory market is expected to experience a substantial growth rate adjustment to 262.9%, reaching $449.6 billion.
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Omdia: China's Semiconductor Market Expected to Exceed $800 Billion by 2026, Memory Chip Market Soars by 262.9%
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