chips

China’s semiconductor industry is rapidly advancing, driven by state-backed initiatives and domestic innovation China’s semiconductor sector has emerged as a cornerstone of its technological ambition, propelled by significant government investment and a strategic push for self-sufficiency. In 2024, the industry was valued at £134.2 billion, with projections indicating a compound annual growth rate (CAGR) of 7.8% from 2025 to 2034, potentially reaching £283.7 billion by 2034. This growth reflects China’s …

Both China and the US want to see their countries become world leaders in the chip industry, but now the Biden administration is upping the ante in US-China chip-related trade tensions, with measures to prevent American citizens working on Chinese chip design and manufacturing, writes Joe Cash On 24 October, a notice went around Chinese chip maker Yangtze Memory Technologies Co Ltd (YMTC): the company had terminated the contracts of …