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Asia Pacific

China is pushing to develop its own chips | Source: CNBC

Chinese technology giants have been designing their own chips, a move seen as progress towards China’s goal to boost its domestic capabilities in a critical technology, as China’s reliance on foreign companies in the semiconductor supply chain could make domestic firms vulnerable to any geopolitical tensions, while the U.S., seeing it as key for national security, given the supply chain is very concentrated in Asia. Moreover, China is still a long way off even if it’s one step closer to self-sufficiency, according to experts, adding that the country is still heavily dependent on foreign technology.

Source: CNBC


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