Chinese chip industry revenue +22% YoY to a record $245B

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Chinese chip industry revenue +22% YoY to a record $245B

The cartographer number of the day: domestic Chinese IC revenue nearly doubled since 2020. Context for every export-control debate and for the China-baskets selloff the desk has been tracking without a driver - the domestic substitution engine is not slowing.

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The cartographer number of the day: domestic Chinese IC revenue nearly doubled since 2020. Context for every export-control debate and for the China-baskets selloff the desk has been tracking without a driver - the domestic substitution engine is not slowing.