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The Wall Street Publication > Blog > Tech > China Bets Big on Basic Chips in Self-Sufficiency Push
Tech

China Bets Big on Basic Chips in Self-Sufficiency Push

Editorial Board Published July 24, 2022
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China Bets Big on Basic Chips in Self-Sufficiency Push
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China is leading the world in building new chip factories, a step toward achieving more self-sufficiency in semiconductors that could eventually make some buyers reliant on China for many of the basic chips now in short supply.

As chip makers race worldwide to boost production and ease supply shortages, no country is expanding faster than China, which is slated to build 31 major semiconductor factories, known as fabs, during the four years through 2024, according to the chip-industry group SEMI.

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