Tech war: record number of Chinese chip firms going out of business in sign of Beijing’s sputtering self-sufficiency drive

South China Morning Post - Tech·2022-09-16 07:10

As many as 3,470 firms – including those that use the Chinese word for ‘chip’ in their brands or operations – deregistered between January and August

That number surpassed the 3,420 such firms that closed in 2021 and the 1,397 that went defunct in 2020

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