China continues to invest in the development of the domestic chip industry. Lingering trade issues with the U.S. are further motivating China to achieve IC self-sufficiency across the supply chain. Domestic wafer fab equipment companies in China must leverage these funds to grow and capture market.
- Three Steps for China’s Domestic WFE Companies to Succeed
- Step 1 — Leverage the Second Big Fund to Invest in R&D and in Developing Technical Resources
- Step 2 — Capture Market Share by Collaborating With Domestic Chip Manufacturers
- Step 3 — Prioritize Equipment Where Quick Wins Can Be Achieved, While Maintaining Long-Term Focus
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