Sanctions of estados unidos a china boosted its chip production

 

US sanctions against technology companies in China have led to the acceleration of chip production in the country.

According to information from the Bloomber agency, 19 of the 20 chipmakers that have grown the most in the world in the last four quarters are Chinese, while in the same period last year there were only eight.

Suppliers of software, processors and vital equipment for chip production in China are increasing their revenues several times faster than world leaders in the sector, such as Taiwan or ASML Holding.

According to the same medium; This growth stems from the restriction that the United States imposed on the sale of its technology to companies such as Semiconductor Manufacturing International Corp and Hangzhou Hikvision Digital Technology Co. in 2020. This motivated China to increase the production of domestic components.

According to information from the Spanish RT media; In this context, "the biggest underlying trend is the search for self-sufficiency in China's supply chain, catalyzed by closures related to COVID-19," said Phelix Lee, an analyst at Morningstar.

According to information from La República, the shares of companies such as Cambricon Technologies Corp have more than doubled since the lows of this year, analysts say there may still be room to grow.

Beijing is expected to orchestrate billions of dollars of investment in the sector under ambitious programs such as its 'Little Giants' plan, to back and finance national tech champions and encourage 'buy China' tactics to circumvent US sanctions. USA.

Chipmaker sales

According to the same outlet, total sales of China-based chipmakers and designers rose 18% in 2021 to a record over 1 trillion yuan ($150 billion), according to the Chip Industry Association. Chinese semiconductors.