Mainland China passes Taiwan as top market for chipmaking gear
Global equipment sales hit record high as semiconductor shortage fuels growth
A semiconductor display at the Semicon China trade fair in Shanghai. China purchased $18.7 billion worth of chipmaking equipment last year.
TOKYO -- China's purchases of equipment to make semiconductors are surging as Beijing makes a push to wean itself from dependence on foreign chipmakers.
The country's sales of the gear jumped 39% to $18.7 billion last year while the figure worldwide rose 19% to a record $71.2 billion, global trade group SEMI reported Wednesday.
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