Name: Over 9,000 Chinese Chip Companies Shut Down in 2 Years
Uploaded: 2023-05-09T12:37:07.000Z
Description: More Chinese microchip makers are closer their doors.

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More Chinese microchip makers are closer their doors.

Over 9,000 of them shut down within two years: 2021 and 2022.

Over 5,00 de-registered with the state last year, while 3,400 did the same the year before, based on a report from Titanium Media.

The numbers translate to an average of around 12 Chinese chip-makers shuttering per day.

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