Tag: import substitution
EU Launches Ambitious Strategy to Reduce Reliance on US and Asian Tech in Chips, AI, and Cloud Services
The European Union unveils a comprehensive plan to boost domestic tech supply chains and cut dependence on US and Asian semiconductor, AI, and cloud providers.
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Sales of Russian-Made Laptops Plunge Nearly 70% in 2025 Amid Import Substitution Struggles
In 2025, Russian-made laptop sales in retail dropped by almost 70%, failing to capture more than 5.5% market share.
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Huawei Set to Lead China’s Accelerator Market with 60% Sales Growth in 2026
Huawei is poised to boost its accelerator sales in China by at least 60% this year, cementing its position as a market leader.
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Chinese Chipmakers Aim to Replace 80% of Imported Semiconductor Tech by 2030
Chinese semiconductor firms plan to localize up to 80% of imported technology and equipment by 2030 amid ongoing export restrictions.
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China Aims to Boost Domestic Chip Manufacturing Equipment to 70% by Next Year
China plans to raise the share of domestically made chip production equipment to 70% by next year amid efforts to reduce reliance on foreign technology.
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SMIC Reports 61% Revenue Growth Amid AI Boom and Regional Market Shifts
China’s SMIC saw a 61% annual revenue increase to $173 million, driven by AI demand and unique regional factors amid sanctions.
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Chinese Firms Expand Presence Among Leading Semiconductor Equipment Suppliers
Chinese companies have increased their footprint in the top 20 global semiconductor equipment suppliers, with one reaching fifth place.
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