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%.
When normal people look at the title with “chips”, they are most likely think of “computer chips”. However, that’s what not the article is about.
The use of the term is correct, and indeed chips are used in more places that most people doesn’t think of. Still, it is misleading as it doesn’t consider what most people think what “chip” is, bleeding edge or not.
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