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 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.