Crawford Del Prete, President of IDC says in a few years time, China will be able to produce a very small amount of very sophisticated advance chips, part of a journey to produce those parts in high volumes later on..
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While the timeline isn't clear, but China is moving towards semiconductor independence: IDC President

Crawford Del Prete, President of IDC says in a few years time, China will be able to produce a very small amount of very sophisticated advance chips, part of a journey to produce those parts in high volumes later on.