China Bets Big on Basic Chips in Self-Sufficiency Push

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China is main the world in constructing new chip factories, a step towards reaching extra self-sufficiency in semiconductors that might ultimately make some consumers reliant on China for lots of the fundamental chips now in brief provide.

As chip makers race worldwide to spice up manufacturing and ease provide shortages, no nation is increasing sooner than China, which is slated to construct 31 main semiconductor factories, often known as fabs, in the course of the 4 years via 2024, in accordance with the chip-industry group SEMI.

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