Demand for Chinese chips is skyrocketing: Chinese integrated circuit industry revenue jumped +22% YoY in 2025, to a record $245 billion.

Since 2020, Chinese chip industry sales have nearly doubled. As a result, China now accounts for ~6% of the global semiconductor market. This is roughly in-line with Japan and the European Union, at ~7% each, and Taiwan, at ~6%. By comparison, North America represents 53% of the market, while South Korea accounts for 21%. China is rapidly emerging as a major global player in semiconductors.

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