Imported chips currently account for a large share, with 549.2 billion chips imported in 2024. This hinders the development of China's chip industry to some extent: domestic companies' market space is squeezed and access to advanced technology is difficult. It also pushes domestic industry to accelerate change, increase R&D investment, raise technical standards and complete the supply chain in response to the shock of imported chips.
Imported chips dominate — is China's chip industry being held back?
