semiconductor industry

In recent years, under the influence of a large amount of capital investment and a huge market in China's semiconductor data industry, China's semiconductor industry has become increasingly important in the world.

It is estimated that by 2020, the Chinese parliament will consume 55% of the world's memory, logic, and analog chips, but only 15% of them will be produced by China itself. Compared to 10% many years ago, China's share will increase to a certain extent. But the gap between supply and demand is still widening. China hopes to play an important role in the global semiconductor industry by manufacturing more domestically produced microprocessor chips, memories, and sensors for consumer electronics devices such as smartphones, tablets, and industrial equipment, which can meet the needs of the local electronics industry and even export related components. Under the guidance of this policy, China has formed multiple semiconductor industry clusters. In the next decade, national and local governments plan to invest 720 billion yuan (108 billion US dollars) in the semiconductor industry. In addition to meeting consumer and industry needs, these investments will also consider China's communication, security, and other industries to reduce dependence on international semiconductor materials.