China’s Ministry of Industry expects tight chip supply for a relatively long period

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China encourages major domestic enterprises to increase investment and promote better supply capacity of the entire chip industry chain.

China’s Ministry of Industry expects a tight supply of semiconductors for a relatively long period, an official said Thursday.

China encourages major domestic enterprises to increase investment and promote better supply capacity of the whole chip industry chain, said Luo Junjie, an official with the Ministry of Industry and Technology. information at a press conference.

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