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

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.

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