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The Chinese Mainland’s Chip Industry Poised for Growth, Says Industry Leader

The chip industry in the Chinese mainland has not yet reached explosive growth, but that day will come, Chen Nanxiang, chairman of the China Semiconductor Industry Association, stated in an exclusive interview with CGTN.

Chen believes that with a growing talent base and long-term strategic planning, the domestic industry is well-positioned to prosper in the highly competitive global market. He emphasized the importance of fostering innovation and investing in research and development to drive future advancements.

As the global demand for semiconductors continues to rise, the Chinese mainland is committed to strengthening its semiconductor capabilities. By nurturing local talent and maintaining a forward-thinking approach, the industry is expected to achieve significant milestones in the near future.

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