Nevertheless, KLA-Tencor in 2008, the growth rate is still better than the industry average. With the Chinese government technology semiconductor industry, equipment manufacturing, waferhouse and IC N80931AA2 and chip design industry investment increases, the KLA-Tencor in China to provide more opportunities. Although the company control of more stringent capital spending, but did not slow down our investment in new technologies. KLA provide better customer service, work closely with clients, help each other at the same time, we should further strengthen the technology and product innovation. Undeniably, the Chinese semiconductor manufacturers with advanced technology vendors there are still some gaps in the current situation of production capacity, China's chip makers can use this opportunity to find a good upgrade process, yield and production capacity solutions to enhance the competitiveness of the company itself. In this particular period of time, we all need to actively seek new cooperation model to business model and out of the woods, to meet the industry's recovery.
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In addition, according to some market research firm forecasts, from 2011 to 2014, global semiconductor market, while maintaining positive growth, but the compound annual growth rate is not high, around 4%, which just reflects the semiconductor industry has become mature industry characteristics. Thus, while the experienced high growth in 2010, China's semiconductor industry will have to face slow growth, more intense international competition, the cost of investing in new products and N80931AA2 Price and applications and other mature industries have faced greater challenges.