US sanctions ironically helped Chinese semiconductor industry grow

Createdd 2022-06-21 Hit 247

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According to recent data compiled by Bloomberg, nineteen out of the world’s 20 fastest-growing chip industry firms over the past four quarters, on average, hail from China. Sanctions of the United States government imposed on Hwawei and other Chinese chipmakers resulted in higher demands for homemade semiconductor chips, combined with pandemic-imposed lockdowns and supply chain crises. Click the news below for more information:

 

https://www.bloomberg.com/news/articles/2022-06-20/us-sanctions-helped-china-supercharge-its-chipmaking-industry