China’s Silent Shift: Decreasing Dependence on Foreign Chip Technology

China​ is making strides ‍in ⁢reducing its‌ dependence on​ foreign chip technology, a move ‌that has been a source of concern for‌ its⁣ political and business leaders. The country has been investing heavily in its domestic chip industry, particularly in response to trade restrictions imposed by the United States and its allies. China’s “Information Innovation” project, also ‌known as xinchuang, aims to replace foreign⁤ suppliers of semiconductor technology. The government is now pushing chipmakers to cooperate with local suppliers, resulting in a deepening semiconductor supply⁤ chain. However, the industry operates under​ a shroud of secrecy, with breakthroughs and setbacks often kept as state secrets. Despite‌ these challenges, ⁤China’s⁣ semiconductor‌ industry is steadily advancing,⁤ raising the question of whether ⁤it can ever match that⁤ of its rivals.​ In a surprising move, ⁤Huawei, a Chinese tech⁢ giant, produced a smartphone containing a seven-nanometer chip capable of 5G internet speeds. This development underscores​ China’s growing capabilities in the semiconductor industry. For more​ information, you can read the full article from The ‍Economist.