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Monday, June 17, 2019, 14:24
Chinese academy: Global AI chip market to grow tenfold by 2022
By Xinhua
Monday, June 17, 2019, 14:24 By Xinhua

A staff member shows a photonic AI chip during a press preview of the 2018 National Mass Innovation and Entrepreneurship Week in Beijing, capital of China, Oct 8, 2018.  (ZHANG YUWEI / XINHUA)

BEIJING — The global market for mobile artificial intelligence (AI) chips is expected to reach US$3.8 billion in 2022, a tenfold growth from the 2017 figure, according to a white paper.

The market expansion is driven by the fast development of AI industry as AI chips saw rapid penetration into the terminal sector, according to the white paper

The market expansion is driven by the fast development of AI industry as AI chips saw rapid penetration into the terminal sector, according to the white paper on mobile AI technologies and application released by the China Academy of Information and Communications Technology (CAICT).

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AI development will also drive innovation of the mobile chip industry, the white paper noted, citing Strategic Analytics data, which showed that the market share of smartphone apps processors with on-device AI in the first quarter of 2018 grew threefold from the same period of previous year.

In 2017, the global market for mobile AI chips stood at US$370 million, accounting for 9.5 percent of the global AI chip market and indicating huge potential, according to the white paper.

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The growing momentum of mobile AI chips has attracted tech giants including Google, Facebook, Alibaba and Tencent, intensifying the ongoing market competition, it added.

China, a latecomer in the traditional chip industry, has made an early start in tapping the emerging market of intelligent chips, according to the report.


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