China's chip industry aims for self-sufficiency

Leading executives in China's semiconductor industry have strongly criticized alternatives to ASML, calling them "small, fragmented, and weak." These statements come at a crucial time, as China aims to reduce its dependence on foreign technologies and strengthen its domestic production capacity in the field of chips.

Call for national investments

Industry leaders are calling for a national commitment to invest in advanced chip manufacturing tools. This initiative aims to bridge the existing technological gap and ensure that China can compete globally in the semiconductor market. The goal is to develop a complete and autonomous supply chain, capable of meeting growing domestic needs.

General context

The push for self-sufficiency in the semiconductor sector is a strategic priority for China, motivated by economic and national security considerations. Investments in research and development, talent acquisition, and collaboration between domestic companies are key elements of this strategy.