ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

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.   © Reuters

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.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more