TOKYO -- China's purchases of equipment to make semiconductors are surging as Beijing makes a push to wean itself from dependence on foreign chipmakers.
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.