Friday, 24 March, 2023

China invests heavily in basic chips to become self-sufficient

<p>As a move toward increasing semiconductor self-sufficiency, China is leading the globe in the manufacturing of new chip plants. China is expected to build 31 major semiconductor plants over the course of 4 years through 2024. A significant percentage of China&#39;s endeavors aim to produce chips with more advanced, older applied sciences. This has caused several Chinese chip producers to reassess their strategy and focus more efforts on lower-end chip technology.</p>