
ANALYSIS: IN 2020, CHINESE FIRMS BOUGHT ~$32B OF CHIP-MAKING EQUIPMENT FROM OVERSEAS, UP 20% YOY, WHILE CHIP IMPORTS CLIMBED TO ~$380B OR 18% OF CHINA’S IMPORTS (BLOOMBERG)
ANALYSIS: IN 2020, CHINESE FIRMS BOUGHT ~$32B OF CHIP-MAKING EQUIPMENT FROM OVERSEAS, UP 20% YOY, WHILE CHIP IMPORTS CLIMBED TO ~$380B OR 18% OF CHINA’S IMPORTS (BLOOMBERG)