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

China chip drive far short of 'Made in China 2025' goal: report

Local output will meet only 21% of demand in 2024, US research firm warns

A Kunpeng 920 chipset designed by Huawei's HiSilicon subsidiary on display at Huawei Technologies' headquarters in Shenzhen, China.   © Reuters

TOKYO -- Chinese-made chips will account for just 20.7% of the national market in 2024, well below the 70% target in its "Made in China 2025" initiative, according to American research firm IC Insights.

China-based production of integrated circuits, which include central processing units and memory chips, is projected to more than double by value between 2019 and 2024 to $43 billion, which will equal about 8.5% of the global market.

Sponsored Content

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

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

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