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China's mature chips to make up 28% of world production, creating oversupply — Western companies express concern for their survival |Tom's hardware
China produces 28% of the world's mature chips, stoking fears of industry 'China Shock'
Chinese legacy chipmakers and silicon producers are hitting the global market hard, and Western competitors are struggling to keep up with the intense supply and low prices. Due mainly to American sanctions blocking Chinese companies from access to modern process nodes and manufacturing equipment, China's fast-growing semiconductor sector has pivoted to legacy chips to feed its needs for domestic tech. "Just two years ago, a mainstream 6-inch SiC [silicon carbide] wafer from global leader Wolfspeed was $1,500," an anonymous sales director for a German chipmaker shared with Nikkei Asia.
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