US, EU Express Concerns Over China’s Efforts to Dominate Legacy Semiconductor Market

‘About 60 percent of all new legacy chips coming to the market in the next handful of years will be produced by China,’ said Commerce Secretary Raimondo.

An employee makes a chip at a factory of Jiejie Semiconductor Company in Nantong, in eastern China's Jiangsu province on March 17, 2021. STR/AFP via Getty Images

The United States and the European Union are working together to address national security concerns associated with China’s efforts to dominate the global market for legacy semiconductors using “non-market” policies and practices.

“We know that based on China’s own reporting, about 60 percent of all new ‘legacy’ chips coming to the market in the next handful of years will be produced by China,” Commerce Secretary Gina Raimondo said at a press conference in Leuven, Belgium, on April 5.