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Published:
07:47 PM, 11 May 2023
Over 9,000 Chinese Chip Companies Shut Down in 2 Years
Collected Image
More Chinese microchip makers are closer their doors.
Over 9,000 of them shut down within two years: 2021 and 2022.
Over 5,00 de-registered with the state last year, while 3,400 did the same the year before, based on a report from Titanium Media.
The numbers translate to an average of around 12 Chinese chip-makers shuttering per day.
>> Source: NTD
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