China’s semiconductor industry is forging ahead despite recent export restrictions imposed by the United States. The Biden Administration has unveiled its latest framework for governing the exports of advanced chip technology, setting limitations on sales to China.
The incoming Trump administration will soon be reviewing this policy and making its own decisions on whether to continue pursuing the same course. In the meantime, China continues to innovate even without those components. Domestic companies are investing heavily in research and development, aiming to reduce reliance on foreign technology and bolster self-sufficiency.
Industry analyst Mark Niu reports that Chinese chip manufacturers are exploring new avenues and technologies to overcome the challenges posed by U.S. restrictions. These efforts not only highlight China’s resilience but also underscore the global significance of the semiconductor industry in the current geopolitical climate.
Reference(s):
cgtn.com
