In the semiconductor manufacturing industry, a crucial arena in the ongoing China-U.S. technology competition, top chip executives in China have advocated for the implementation of supportive policies to nurture domestic semiconductor champions, akin to the strategies of Dutch semiconductor lithography equipment manufacturer ASML Holding NV.
Since 2020, semiconductor manufacturing has evolved into a pivotal domain in the technological rivalry between China and the U.S., with Washington actively enforcing restrictions to impede China’s progress in expanding advanced production capabilities below the 7-nanometer threshold.
The call for supportive policies by Chinese chip leaders underscores the nation’s aspirations to bolster its semiconductor industry and reduce reliance on foreign semiconductor technologies, particularly in light of geopolitical tensions and trade restrictions. By advocating for the development of domestic semiconductor champions, these industry figures aim to propel China’s semiconductor sector towards technological innovation, enhanced production capabilities, and global competitiveness.
The pursuit of policies conducive to the growth of indigenous semiconductor manufacturing signifies China’s strategic efforts to establish a robust technological ecosystem that can rival established industry leaders.
Source: Tech-Economic Times