Propelled by multiple government policies, a firm push in R&D, and a massive capital injection, Chinese semiconductor companies are catching up.
Dear Valued Client, in sharp contrast to China’s vast consumption, less than 10% of global semiconductor revenue1 is generated by Chinese-headquartered semiconductor firms, whose manufacturing processes remain at least two generations behind international competitors. Propelled by multiple government policies, a firm push in R&D, and a massive capital injection, Chinese semiconductor companies are catching up.