China approaching chipset self-sufficiency in the battle for semiconductor innovation

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China now appears to be making the most rapid progress within the semiconductor industry, with favourable government investment policies leading to billions of dollars’ worth of market growth, despite the ever more pronounced tension with US in recent years. When asked about the state of the Chinese semiconductor market, Caroline Gabriel, research director at Analysys Mason, described it as “a lot closer to achieving self-sufficiency than we would have predicted a couple of years ago”.  While few could have predicted the major ramifications the pandemic would have for almost every industry around the world in early 2020, the semiconductor industry…

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