China’s semiconductor industry sees 5G, AI applications driving opportunities for domestic substitutes amid US tech restrictions, says KPMG

//China’s semiconductor industry sees 5G, AI applications driving opportunities for domestic substitutes amid US tech restrictions, says KPMG

China’s semiconductor industry sees 5G, AI applications driving opportunities for domestic substitutes amid US tech restrictions, says KPMG

China’s semiconductor industry sees opportunities for domestic substitutes to reduce its overwhelming reliance on imports, thanks to growing demand for chips in applications such as 5G, autonomous driving and artificial intelligence, according to KPMG, one of the big four accounting firms.“The Covid-19 pandemic has spurred market demand for 5G chips, memory chips and logic semiconductor products,” said Jamie Li, partner at KPMG’s integrated chips intelligence industry group in Shanghai.Speaking…

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By | 2020-11-09T05:36:23+00:00 November 9th, 2020|Technology|Comments Off on China’s semiconductor industry sees 5G, AI applications driving opportunities for domestic substitutes amid US tech restrictions, says KPMG