Reported about 1 year ago
China is expected to become a major player in producing legacy chips, which are less advanced semiconductors, as the U.S. restricts China's access to advanced chips. Despite efforts to constrain China's chip industry, Chinese chip production has seen a significant increase, with mainland Chinese firms projected to hold 33% of the legacy chip market by 2027. Analysts suggest that U.S. pressure unintentionally contributed to China's potential success in the legacy chip sector, as China aims to secure its industrial supply chain through these initiatives.
Source: YAHOO