The World Semiconductor Conference kicked off in Nanjing, Jiangsu province, yesterday, showcasing the innovative technology and applications in the sector from home and abroad.

Over 300 exhibitors have taken part in the conference, including industry leaders - Taiwan Semiconductor Manufacturing Company (TSMC), Semiconductor Manufacturing International Corporation (SMIC), Synopsys Inc and Montage Technology.

Statistics show that the global sales volume of semiconductor products was $123.1 billion in the first quarter, up 17.8 percent year-on-year.

In China, the integrated circuit industry generated 173.93 billion ($27.24 billion) of sales in Q1, an increase of 18.1 percent from a year earlier.