China’s ambitions for chip self-sufficiency thwarted by lack of tools

China’s ambitions for chip self-sufficiency thwarted by lack of tools

HUAI’AN, CHINA – APRIL 29, 2024 – A worker produces chips for mobile phones, cars, LED lighting at a workshop in Huai ‘an city, Jiangsu province, China, April 29, 2024.  Costfoto | Nurphoto | Getty Images China is scrambling to counter U.S. chip restrictions, but its attempts at manufacturing key equipment reveal it’s not just … Read more