For the latter half of this year, much has been made of the US’s increasing economic sanctions against China, with the latter’s semiconductor industry being hit heavily due to its major reliance on foreign exports. As a result, the industry itself appears to have gone into overdrive, seeing massive investment and a considerable push to achieve domestic self-sufficiency.
But just how realistic are these claims that Chinese chip industry could achieve maturity in only a few years?
To answer this question, we must look to the past, as well as to the future.
China’s 14th Five Year Plan: Creating the perfect ecosystem for semiconductor industry growth
In 2021, the latest iteration of China’s Five Year Plan will begin to be implemented, a nationwide initative that, at least in part, focuses on achieving national self-sufficiency, particularly when it comes to the technology…
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