10,000 Chip Companies Fold Yearly, Profits Plummet 90%! China’s Chip Industry Is Collapsing!

10,000 Chip Companies Fold Yearly, Profits Plummet 90%! China’s Chip Industry Is Collapsing!

.

According to statistics, in 2023, China saw the closure of 10,900 companies related to semiconductor manufacturing, with an average of 31 such companies deregistering or having their business licenses revoked each day. Compared to the 5,746 companies in 2022, this marks a substantial increase. Over the past five years, the number of semiconductor-related enterprises being shut down or deregistered in China has surpassed 22,000.

.