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China's Industry Ministry Expects Tight Chip Supply For Relatively Long Period

Reuters
Reuters
1 min read
Jan 22, 2022, 04:49 PM
China's Industry Ministry Expects Tight Chip Supply For Relatively Long Period

China's industry ministry expects tight supplies of semiconductors over a relatively long period of time, an official said on Thursday.

China encourages key domestic enterprises to increase investment and promote better supply capacity of the entire chip industry chain, Luo Junjie, an official with the Ministry of Industry and Information Technology, told a news conference.

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