China appears to be making strides in cutting-edge chips, despite U.S sanctions
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Description
Various U.S. export restrictions and sanctions have hit China's semiconductor industry which was already seen as generations behind other countries. Now Chinese firms appear to be making sanction-defying progress in chips, but there are some big challenges to overcome.
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Semiconductors, or chips, have an incredibly global, complex and intricate production process. The supply chain is spread across the world. As governments focus on boosting their own domestic chip industry, CNBC looks at why no single country can own the chip supply chain.
Published 04/23/24
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