laitimes

"The EU is worried that they will lose the Chinese market"

author:Lujiazui Financial Network
"The EU is worried that they will lose the Chinese market"

CFIC Introduction

The European Commission is concerned that European chipmakers could lose a significant share of China's market share as China ramps up investment in the semiconductor industry and tries to achieve autonomy and control over key core technologies.

According to a report on the website of Bloomberg News on June 28, the European Commission is concerned that European chipmakers may lose a large amount of Chinese market share as China increases investment in the semiconductor industry and tries to achieve independent and controllable key core technologies.

According to a European Commission report seen by people familiar with the matter and Bloomberg News, NXP Semiconductors in the Netherlands, Infineon Technologies AG in Germany and Renesas Electronics Corp. in Japan could all be affected by China's efforts to nurture domestic firms. While these companies don't make the most advanced semiconductors in the industry, they do make microcontrollers and other chips that are critical to key economic sectors. These key areas include automotive, industrial applications, and consumer electronics.

A microcontroller is actually a tiny computer on a single chip that typically controls a single function of an electronic device, such as activating a car's airbag system or controlling the water temperature of a washing machine. The report says that made in China already accounts for 30% of global demand for microcontrollers.

"The EU is worried that they will lose the Chinese market"

On June 2, the staff tested a lidar chip in the workshop of the packaging and testing public service platform of Suzhou Institute of Optoelectronic Technology. (Xinhua News Agency)

China is moving to reduce its dependence on Western imports and boost its domestic semiconductor industry.

According to the analysis, European chipmakers may also feel the impact of China's heavy investment and new production capacity in the field of analog chips, mixed-signal devices and power semiconductors.

China will invest more in new chip factories to produce semiconductors for everything from home appliances to smartphones. Due to the expanding markets for electric vehicles and renewable energy, the demand for chips for traditional processes is still growing.

Source of this article: Reference News

Author: Hu Jing

WeChat editor: Liu Sile

Introduction to "Risk Warning: Financial Edition".

"The EU is worried that they will lose the Chinese market"

Finance is the lifeblood of the modern economy, and financial stability leads to economic stability. Financial security is related to the overall development of national and regional enterprises, and it is necessary to maintain a high degree of vigilance against financial risks at all times, enhance the awareness of risk prevention, respond scientifically, and prevent them from occurring. Under the guidance of the authoritative government departments, relying on the advanced big data public opinion monitoring system and a professional analyst team, the "Risk Warning Financial Edition" produced by the China Financial Information Center summarizes, analyzes, and judges the risk public opinion in different fields and categories of the financial industry, and provides authoritative, professional, practical, timely and effective financial risk public opinion monitoring, research and judgment, early warning and response suggestions for financial regulatory departments, factor markets, financial institutions, listed companies, industry associations, various enterprises, colleges and universities, research institutions, etc. 18,000 per year, once a week, released every Friday.

Latest Report:

【June 2024 Issue 4】Issue 132: When is the trust super long "labor pain" period?

【2024 Year 6 Issue 3】Total Issue 131: Water and Soil Adaptation? There is a long way to go for the localization of foreign public offerings

【June 2024 Issue 2】Issue 130 in total: Strict words are the head, and the "storm" of delisting is coming?

Read on