China’s Automotive Chip Supply Shortfall Will Reach 20 Percent Due to US Sanctions, Outdated Technology: Trade Group

China’s Automotive Chip Supply Shortfall Will Reach 20 Percent Due to US Sanctions, Outdated Technology: Trade Group
An employee makes chips at a factory of Jiejie Semiconductor Company in Nantong, in eastern China's Jiangsu Province on March 17, 2021. STR/AFP via Getty Images
Updated:
0:00

China’s chip supply will remain tight this year, and the automotive chip supply shortfall will widen to 20 percent, the country’s car manufacturing trade group said. The regime’s own experts have revealed that the key reason for China’s chip shortage is not the pandemic, but China’s outdated chip technology and U.S. sanctions against the Chinese Communist Party (CCP).

Luo Junjie, a spokesman for the Ministry of Industry and Information Technology of the CCP, said on Jan. 20 that the shortage of chips last year had the greatest impact on the auto industry, and many domestic auto companies experienced production cuts or short-term shutdowns.

Jenny Li
Jenny Li
Author
Jenny Li has contributed to The Epoch Times since 2010. She has reported on Chinese politics, economics, human rights issues, and U.S.-China relations. She has extensively interviewed Chinese scholars, economists, lawyers, and rights activists in China and overseas.
Related Topics