China now produces more chips domestically than it imports.
China now produces more chips domestically than it imports.
![](https://lemmygrad.ml/pictrs/image/e848679a-83a6-42f2-afaa-97088b548369.png?thumbnail=1024&format=webp)
China's tech industry is thriving! They produced 3 billion chips daily, with a total output of 100 billion in Q1, up 40% YoY. March alone saw an impressive 28% jump to 36 billion units, driven by growth in NEVs and smartphones (17%). By 2027, China's global share of mature-process capacity is projected to rise from 31% to a staggering 39%.
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