China’s Semiconductor Push Falters As Major Chipmakers go Bankrupt

China’s Semiconductor Push Falters As Major Chipmakers go Bankrupt

Tekedia | 19-06-2024 12:29am |

China’s ambitious drive for semiconductor self-sufficiency, marked by substantial government investment and aggressive growth targets, is faltering amid a surge of unfinished projects and bankruptcies. Despite its aspirations, China continues to lag behind the United States in semiconductor technology, compounded by U.S. sanctions and internal industry struggles. Recent insolvencies, such as the high-profile bankruptcy of [...]The post China’s Semiconductor Push Falters As Major Chipmakers go Bankrupt appeared first on Tekedia.

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