Through Caixin in China, noting that whereas China was the world’s largest chip purchaser final 12 months its nonetheless solely a small producer.
- 2020 gross sales of built-in circuits in China jumped 9% year-on-year to $143 billion
- about 5.9% of the overall went to indigenous corporations
- round 15.9% of built-in circuits offered on the Chinese language mainland final 12 months had been manufactured domestically. However most of these had been made by overseas and Taiwan-based corporations with mainland-based factories, together with Taiwan Semiconductor Manufacturing Co. Ltd., United Microelectronics Corp., SK Hynix and Samsung
China goals to domestically produce 70% of its semiconductors by 2025