China Drives Toward ‘Self-Sufficiency’ in Chips: SA
China will be capable of supplying at least 30% of its domestic semiconductor needs within 30 months through an organized industrial program of “self-reliance,” reported Strategy Analytics Monday. “This level of self reliance is considered the minimum needed to buffer…
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against import supply disruptions,” said analyst Christopher Taylor. The trade war with the U.S. and global chip shortages are fueling China’s drive toward such “self-sufficiency” through targeted investments and incentives, especially in “higher-demand mature process nodes,” said SA.