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MIIT: IC Design Revenue in Software Industry Jumps 14.8% Year-on-Year to Reach RMB 333.5 Billion in First 11 Months
2024-12-31
According to the Ministry of Industry and Information Technology (MIIT) data, revenue from information technology services totaled RMB 8.2674 trillion in the first eleven months of the year, marking an 11.8% year-on-year increase and accounting for 67.3% of the overall industry's revenue. Specifically, revenue generated from cloud computing and big data services amounted to RMB 1.2691 trillion, up 10.5% year-on-year, and comprising 15.4% of the total. Notably, revenue from IC design surged 14.8% to reach RMB 333.5 billion.
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