Reported about 2 months ago
In response to US restrictions on advanced semiconductor production, China is rapidly expanding its production capacity for legacy chips, which are essential for various electronic devices. New data indicates that China is set to control around 40% of the legacy chip market by 2027, positioning itself as a significant player through aggressive pricing and state-supported investments. This development raises concerns about overcapacity and price pressures similar to previous patterns observed in other industries, such as solar and steel.
Source: YAHOO