- Oct 3, 2016
This is actually the most consequential front in the US-China Cold War. The US is trying to curb China's tech growth. In a few more years, you'll see a sea change in the tech market place -- Chinese companies like Huawei once spent hundreds of billions per year buying US and US-allied chips. That money will now be directed more and more towards Chinese firms
Global chip sales from Chinese companies will grow rapidly in the next few years, closing the gap with their South Korean rivals, according to a report from the Semiconductor Industry Association (SIA) of the United States.
Local and foreign-owned semiconductor factories in China produced 359.4 billion integrated circuits in 2021, up 33.3 per cent year on year, double the growth rate in the prior year.