News Snapshot:
China's cold war with the US on chips isn't slowing down the country's rapid growth in semiconductors, the Semiconductor Industry Association said this week. The US sanctions on Chinese companies didn't have the intended effect of restricting China's semiconductor industry. In fact, the saber-rattling is only serving for China to get its act together on semiconductors, the industry body warned. China's semiconductor industry sales totaled $39.8bn in 2020, a growth rate of 30.6 per cent from 2019, the SIA said . In 2015, China chip sales were just $13bn, or a 3.8 per cent market share. Sales numbers for 2021...
