China wants its semiconductor industry to catch up with the U.S. — but that won't be easy

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As the U.S. puts pressure on China's technology sector, Beijing is looking to boost its homegrown semiconductor industry. But its reliance on foreign tech creates big challenges.

China has been trying to ramp up its domestic semiconductor industry as the U.S. increases the pressure on the country's technology giants.

One factor potentially in China's favor is that it has a very big market, in terms of both a large population and a vast number of devices. But Beijing will face significant challenges strengthening its homegrown chip sector, analysts told CNBC. However, China is also facing a situation where its companies' access to important chip components, as well as its domestic chipmakers' ability to procure technology to make those semiconductors, might be hampered.

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Huawei will be cut off from TSMC's chips after September 15 and has very few options globally to procure more, because of U.S. sanctions. That is a big setback for China's semiconductor industry.

“China is a huge market … so serving China alone, that provides lots of opportunities for the domestic vendors” — “artificially” protected domestic market may be a good news for a lot of Chinese companies... Wonder how many private usa companies would get hit and for how long🤔

Biden & Carter Why USA Democrats & British The Old sly Fox Diplomacy 1978-81 & ideology of left its destructive map which led to rise of criminal sect Islamic_Republic savage regime!

It will happen in 5-10 years. China managed to develop its own Nuk industry from scratch. GPS equivalent Beidou. Semiconductor will take time, but not as hard as Nuks & Beidou. When China achieve this goal, where will the likes of Qaulcoom, TSMC, NVIDIA be ?

Not a chance after Nvidia buys ARM

They won’t do it unless they are able to steal our tech

The U.S. wants to catch us with the reserves of China but that won’t happen.

They know, and they are still going to do it. There is no other way.

Just have to take over Taiwan. Wait...they already have this claim.

I want to be a billionaire🤣🤣🤣

Huh. We will see how that goes.

Also won’t be possible.

Of course it will they are cheaters

Vote for Biden and the'll catch up quicker.

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