On July 7th, Omdia released its latest report, titled the Q2 2026 Semiconductor Application Market Forecast Tool (AMFT) - China Region. The report projects that China's semiconductor market will experience a remarkable year-on-year growth rate, surging to 92.9% in 2026, and reaching a market size of US$812.08 billion. When compared to the data presented in the AMFT Shipment: China - Q4 2025 Update version, the overall market size has been revised upwards by a substantial US$265.6 billion, marking a significant 48.6% increase. Furthermore, Omdia's most recent data for the second quarter of 2026 also highlights that China's semiconductor memory market is poised for extraordinary growth, with an anticipated growth rate soaring to 262.9% and a market size projected to hit US$449.6 billion.
