#USChinaTechRivalry China Speeds Up Advanced Chip Development https://semiengineering.com/china-speeds-up-advanced-chip-development/

It’s unlikely that China will develop its own EUV system in the near term. And for that matter, the nation’s foundry and memory efforts are modest, at least for now. And China won’t overtake multinational chipmakers anytime soon.

Meanwhile, the U.S. says its trade-related actions are justified, claiming that China is engaged in unfair trade practices and has failed to protect U.S. intellectual-property. China dismisses those claims.

China has been involved in the IC industry for decades. In the 1980s, it had several state-run chipmakers with outdated technology. So at the time, China introduced several initiatives to modernize its IC industry.

Starting in the late 2000s, multinational chipmakers began building fabs in China to gain access to the market. Intel, Samsung and SK Hynix built memory fabs in China. TSMC and UMC built foundry fabs there.

By 2014, China consumed $77 billion worth of chips, according to IC Insights, but it imported most of them. Plus, China only manufactured 15.1% of those chips, according to IC Insights. The rest were manufactured outside of China.