News
The Chinese semiconductor giant SMIC recently achieved notable successes and expanded its technical capabilities to include new-generation chips. This helps to cushion the chip shortage and shows that the US sanctions are only partially effective. But the industry currently faces a downturn: demand is collapsing.
By Frank Sieren
Beijing has long been aware of the vulnerability of its chip industry. The USA, South Korea and Taiwan are clearly superior. China is making massive investments to catch up and, in the best case, become fully independent. But a corruption scandal is now shaking the industry. At the heart of it is the China Integrated Circuit Industry Investment Fund.
By Redaktion Table
Two-thirds of all chips currently come from East Asia. The Europeans and the Americans want to change that. Both have passed enormous subsidy programs to promote their respective semiconductor industries. In the meantime, China creeps quietly to the top.
By Felix Lee
In the age of digitalization, virtually nothing works without chips. By the end of 2020, global and Chinese supply chains came to a standstill. The results, such as chip shortage, continue to have global impacts. Find out all the important and latest chips and China news from the China.Table editorial team.
It is impossible to imagine our digitalized world without chips. Chips are necessary in the technology sector as well as the car industry. The world's largest manufacturer is the Taiwanese company Taiwan Semiconductor Manufacturing Company (TSMC). It is also considered the most important exporter of China's chip industry.
The global chip shortage arose from several causes. First, the US imposed sanctions on chip exports in the trade war with China. Second, supply chains suffered from the COVID pandemic, which led to an imbalance between supply and demand.
Due to the global chip shortage, the term chips is gaining increasing attention from Chinese state media. As a part of its economic concept of “dual circulation” China wants to become independent of foreign chip imports and is thus investing billions in its domestic chip industry. State-owned companies such as Semiconductor Manufacturing International Cop. (SMIC) are to enable China's technological self-sufficiency with chips in the future.
China.Table provides you with the latest news on the ongoing impact of the global chip shortage, the development of China’s chip industry, and more.