China Slashes Chip Imports By 17% in Q3 as Domestic Chips Dominate Markets GROWS
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China Slashes Chip Imports By 17% in Q3 as Domestic Chips Dominate Markets.
Even established methods are not totally free of US sanctions, which means that China’s chip-making capabilities will continue to be significantly dependent on imported parts for essential semiconductor equipment. At the China Semiconductor Equipment Annual Conference 2023, which began on Wednesday in Wuxi, eastern Jiangsu province, attendees included representatives from over 600 Chinese semiconductor equipment companies. These companies included Naura Technology Group, Advanced Micro-Fabrication Equipment, and the US sanctions-hit Shanghai Micro Electronics Equipment (SMEE). Despite widespread support for China’s effort to become self-sufficient in the production of semiconductors, industry experts have identified a number of bottlenecks in the country’s chip equipment sector. These bottlenecks include etching, robotic arms, valves, high-end tubes, materials, and specific equipment for producing third-generation semiconductors, such as silicon carbide. However, over the course of the previous several years, we have witnessed a gradual decrease in the number of imports of these chips and ICs. In the first seven months of 2023, China imported a total of 270.2 billion units of integrated circuits (IC), exhibiting a small improvement trend in spite of stricter trade restrictions imposed by the United States and its allies. This figure represents a decrease of 16.8 percent when compared to the same time in the previous year.
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china is growing its technology and domestic chip markets. China Slashes Chip Imports By 17% in Q3 as Domestic Chips Dominate Markets GROWS.
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