China Forms National Alliance to Build Own Chip Industry

[moniya12]

China desperately needs to support its technology industry, especially after America banned Chinese companies from trying chips. In today's China news, PRC.TODAY will tell you about China's plans to create its own chip industry.

Huawei is recruiting experts in high-end semiconductors and trying to make breakthroughs in related technologies, while other companies have invested heavily in lithography machines to overcome a shortage of such equipment in China; but will it all work?

Difficulties amid trade war with the US
(ATF) – As China faces a macro-sized microchip dilemma, Jun Technology has published a list of China’s many and varied efforts to reduce the country’s dependence on foreign suppliers. Successive U.S. bans on computer chips have had a huge impact on the chip industry and Huawei’s smartphone business in particular, especially the second and third waves of U.S. restrictions in May and August that blocked almost all of Huawei’s mobile chip procurement channels.

Many other companies in Huawei’s supply chain and other major players like ZTE are also directly affected by the U.S. bans. Other Chinese tech companies like Oppo and Xiaomi have not yet been denmark telegram number database affected, but the uncertainty is not good for business.

Huawei CEO Yu Chengdong acknowledged the company's dire situation in a public speech in which he said it was likely that the Kirin 9000 chip could be the "swan song" of the company's high-end Kirin chips.

Read more CHINA NEWS Digital China: Foreign tech companies seize new opportunities from China's digitalization
Chip industry
Kirin 9000 could be the “swan song” of Chinese chips
Huawei Revenue Data
Earnings data released last week showed that years of double-digit growth may finally be coming to an end. Revenue rose 9.9% in January-September from a year earlier to 671.3 billion yuan ($100.4 billion), the company said in a statement on Friday. But the Kirin chip supply is expected to run out next year.

[yadaysrdone]

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