China races to boost domestic chip output as trade tensions rise

Digitimes
By Vyra WuSep 19, 2024, 2:23 am128 ptsTrending
China's Ministry of Industry and Information Technology (MIIT) has issued a directive urging automakers to audit their chip usage and push for chip replacement verifications, intending to hit a 20-25% localization rate by 2024. Companies that fail to meet this threshold will see a gradual reduction in…

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