BEIJING -- The Chinese government's goal of meeting 70% of its semiconductor needs through domestic supply remains a long way off, private-sector research shows, with an estimated self-sufficiency rate of 16% last year despite an all-out government push to boost production.
In an event in Beijing late last month, SAIC Motor President Wang Xiaoqiu started off a conversation with Feng Xingya, his counterpart at Guangzhou Automobile Group, by asking how he was faring with buying chips that month.
