Chip reality check hits as demand sinks


Technicians oversee chip manufacturing at a tech company in Ganzhou, Jiangxi province. - China Daily

BEIJING (China Daily/Asia News Network): Just as chipmakers in the United States compete for billions of dollars in subsidies to boost domestic manufacturing, the industry is confronted with a problem: sudden shrinking demand.

US President Joe Biden signed the Chips and Science Act into law last month to counter China's technological development.

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China , chips , technology , demand , shrink

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