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Semiconductors

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.

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