China is taking steps to strengthen its position in the semiconductor sphere with the goal of surpassing Taiwan by 2030. This is seen as a significant change in global supply chains.
China's Strategy in Semiconductor Production
China is expanding its chip production capacity with state support, including companies like SMIC and Hua Hong Semiconductor. State investments, realized through the 'Big Fund,' aim to expand production with several new fabs slated for completion.
Impact on the Global Semiconductor Industry
China's share of global foundry capacity is expected to reach 30% by 2030, up from 21% last year, as reported by Yole Group. This shift impacts global supply and technological independence, considering that many industries rely on semiconductors.
Future Prospects and Influence on the Crypto Market
Despite changes in chip production, current data indicates that major cryptocurrencies remain stable in price and activity. No direct effects have been observed in the cryptocurrency market, suggesting the need for further research.
China's semiconductor strategy has the potential to significantly shift the global market structure. The impact on financial technology and digital assets may be foreseeable in the future, depending on the further development of China's policies.
