But on a more mundane front of the battle, China might be gaining an advantage.
Even as U.S. export restrictions have stymied China's progress in advanced chips, Beijing has been aggressively expanding production of more mature, so-called legacy chips. These aren't as sexy as the higher-end ones—such as artificial intelligence chips from Nvidia—but they are needed for such essentials as automobiles and household appliances. In fact, disrupted supply of these chips caused havoc in the car market during the pandemic.
China spent $41 billion on wafer fabrication equipment in 2024, a 29% year-on-year rise, according to Morgan Stanley. That is roughly 40% of the global total, and compares with $24 billion in 2021.
هذه القصة مأخوذة من طبعة December 23, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 23, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
India should try the Amul model for all agricultural commodities
The cooperative model behind Amul's success needs to be adopted across India's farm sector. It'll ease credit for farmers too
At long last, the UK is shooting for the moon on clean energy
An ambitious plan revives hope but it will be a race against time
Fuel efficiency norms could accelerate clean mobility
Tighter carbon emission standards should push automakers to sell greener vehicles overall
Rupee's managed float: Should RBI shift gear?
To Mint Street's credit, India resolved a macro trilemma in its own special way. Recalibrate it for a more market-priced rupee if the expected trade gains outweigh price-stability risks.
Escaping India within India is an exorbitant exercise
The wealthy in Gurgaon pay mind-boggling prices to keep real India out of their lives. But it doesn't happen
Can we use today's geopolitical chaos to uplift India's economy?
Successful economies have geopolitics to thank but India may be letting its opportunity slip away
WHAT THE MARKET TAUGHT INVESTORS IN 2024
In multiple pockets of the market this year, new trend chasers learnt some very old lessons
IOC probes bribery allegation of US cos
State-owned Indian Oil Corporation (IOC) has begun a probe into allegations of a US speciality chemicals firm bribing its officials 15 years ago to obtain contracts to supply catalysts, according to a company's regulatory filing.
India could be key SAF producer: lata
India has the potential to be a key producer of sustainable aviation fuel by utilizing its ethanol supplies and availability of lipid feedstocks like non-edible industrial oils, according to a senior official at the global airlines' grouping IATA (International Air Transport Association).
Akasa to add more planes this fiscal
Akasa Air is in continuous discussions with Boeing on aircraft deliveries and expects to add a few more planes to its fleet in the current fiscal ending March 2025, the airline's chief Vinay Dube has said.