US-China Relations

Beijing Unlikely to Achieve Goal of Producing Most Microchips It Needs by 2025: Report

Beijing Unlikely to Achieve Goal of Producing Most Microchips It Needs by 2025: Report
A chip by Taiwan Semiconductor Manufacturing Company (TSMC) is seen at the 2020 World Semiconductor Conference in Nanjing in coastal China's Jiangsu Province on Aug. 26, 2020. STR/AFP via Getty Images
Frank Fang
Frank Fang
Reporter
|Updated:

The Chinese regime’s semiconductor ambitions will fall short of its policy goal, according to a newly-released analysis by U.S. market research company IC Insights.

The market researcher forecasted that China won’t be able to meet its goals of domestically producing 70 percent of its semiconductor needs by 2025, an objective under Beijing’s industrial policy of “Made in China 2025.”
Frank Fang
Frank Fang
Reporter
Frank Fang is a Taiwan-based reporter. He covers U.S., China, and Taiwan news. He holds a master's degree in materials science from Tsinghua University in Taiwan.
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