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China could be the world's top semiconductor foundry hub by 2030 — despite US curbs, nation to hold 30% of global installed capacity, surpassing Taiwan
China aims to become the global supplier of chips in the next few years.
According to Digitimes, China is expected to take the lead because of the massive investments in domestic semiconductor manufacturing, driven by Beijing’s goal of reaching self-sufficiency for its chip production. The U.S. has been putting export controls on the most advanced chip-making tech, making it harder for Chinese companies to acquire the necessary equipment to produce the latest chips. Because of this, Beijing is pouring billions of dollars into helping fill in the gaps in its semiconductor industry, like lithography tools and electronic design automation (EDA) software.
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