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 The regime’s own experts have revealed that the key reason for China’s chip shortage is not the pandemic, but China’s outdated chip technology and U.S. sanctions against the Chinese Communist Party (CCP).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.