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.
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.