Thousands of Chip Companies in China Closed in 2022 | China In Focus

Thousands of Chip Companies in China Closed in 2022 | China In Focus​

A #war over chips. And not the savory kind sold in supermarkets. These are #microchips, also known as semiconductors. Found in iPhones and computers and advanced fighter jets, microchips are the brains of modern life. And it seems China is falling behind in making them. Thousands of Chinese chip companies are closing, marking a 70% rise from the year before. What do these record closures mean for U.S.-China relations? And as the world teeters on the edge of all-out war, how much of a role will these tiny chips play?