News Post

Make new friends and boost hiring: How China's chip industry plans to deal with Trump

Economic Times · 4d

The Chinese semiconductor industry is preparing for a potentially combative relationship with the US under President-elect Donald Trump. Strategies being considered include closer ties with countries and firms alienated by Trump's policies, and an emphasis on self-sufficiency. Chinese chip firms are increasing purchases of foreign equipment and looking for opportunities to hire overseas talent and forge new alliances. Industry experts suggest that China's semiconductor industry may benefit from the development of professional talent and foreign cooperation under Trump's administration. China has also ramped up imports of semiconductor equipment, particularly lithography machines, to protect itself from any potential election impact.