Global tech industry braces for 'China shock' in mature chips

TAIPEI -- A "China shock" is coming for the chip industry as the country's aggressive expansion in older semiconductors and niche substrates drives prices down to previously unthinkable levels.

Marco, a sales director for a German chip equipment maker in Asia, has already experienced some of that shock himself when he saw what some Chinese suppliers were charging for silicon carbide (SiC) wafers.