News analysis

China's chip expertise on the rise

State subsidies, tax incentives paying off with surge in new intellectual property: Experts

China's latest push to become a world leader in semiconductors has shown early successes, a year after a United States ban on smartphone chips focused Beijing's attention on the need to quickly - and vastly - increase its domestic capacity to rely less on imported chips.

This year, China has eclipsed North America's 12.5 per cent share of global wafer production capacity, said research firm IC Insights, which also predicted that China would double its production capacity to US$47 billion (S$63.8 billion) in the next five years.

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A version of this article appeared in the print edition of The Straits Times on July 15, 2019, with the headline 'China's chip expertise on the rise'. Print Edition | Subscribe