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China to Fall Far Short of its "Made-in-China 2025" Goal for IC Devices

Published: May 22,2020

IC production in China represented 15.7% of its $125 billion IC market in 2019, up only slightly from 15.1% five years earlier in 2014. IC Insights forecasts that this share will increase by 5.0 percentage points to 20.7% in 2024 (one percentage point per year on average).

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