China is endeavoring to ensure that more than 70% of the silicon wafers used by domestic chipmakers will be sourced locally by the end of this year, according to Nikkei Asia. The target underscores China’s most determined push yet to localize critical segments of the semiconductor supply chain.The Chinese government’s goal has effectively become an unwritten rule for domestic chipmakers to prioritize locally produced 12-inch wafers, sources divulged. Although some previous self-sufficiency targets were not fully achieved, industry participants believe this time the goal is likely to succeed, marking a key milestone in China’s drive toward supply chain autonomy.Related NewsCLSA's Ratings and TPs for CN Semis (Table)
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