November 13, 2002 – San Jose, CA, and Shenzhen, China – Xilinx Inc. has opened a new office in Shenzhen, China, to accommodate increased demand for its programmable ICs. The Shenzhen office, located in one of China’s leading high-tech areas, is Xilinx’s second in China.
“The opening of Xilinx Shenzhen office is an important step for us in our commitment to China,” said David Loftus, managing director of Xilinx Asia Pacific. “With the tremendous growth in new PLD applications, increase in indigenous Chinese startups, migration of multinational R&D facilities to China, as well as steady revenue from our traditional customers, China is our most important emerging market.”
China’s semiconductor market has been valued at more than US$13 billion in 2002 with a projected increase to US$25 billion in 2005.