<ul data-eligibleForWebStory="false"><li>Mainland China is projected to overtake Taiwan's chip capacity by 2030, as per a study by French research firm Yole Group.</li><li>China is expected to hold 30% of the global foundry capacity by 2030, up from 21% in the previous year, surpassing countries like South Korea, Japan, and the US.</li><li>Mainland China is increasing its role in the chip industry, driven by government initiatives to enhance domestic semiconductor production and reduce dependence on foreign imports.</li><li>While China faces challenges in developing advanced chip manufacturing processes, it aims to boost its capacity by initiating new fab projects, with domestic firms projected to contribute significantly to foundry capacity by 2030.</li></ul>

Mainland China To Overtake Taiwan Chip Capacity By 2030

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