By way of Caixin in China, noting that whereas China was the world’s largest chip purchaser final yr 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 full went to indigenous firms
  • round 15.9% of built-in circuits offered on the Chinese language mainland final yr have been manufactured domestically. However most of these have been made by overseas and Taiwan-based firms 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