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  2. Major chipmakers like Taiwan Semiconductor Manufacturing Co (TSMC) and South Korea’s Samsung and SK Hynix have production facilities in mainland China. TSMC makes less-advanced legacy chips in mainland China, while Samsung and SK Hynix produce memory chips. All three have received a U.S. waiver to continue their China-based manufacturing.
    fortune.com/asia/2024/04/30/king-yuan-electronics-leaves-mainland-china-market-taiwan-us-chip-export-controls-geopolitics-decoupling/
    fortune.com/asia/2024/04/30/king-yuan-electronics-leaves-mainland-china-mark…
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  3. People also ask
    How important is the semiconductor industry in China?But the semiconductor industry is of a strategic importance for China. Having the capacity to make advanced chips is more important than the prices of these chips. It appears that SMIC is indeed moving ahead to use this older technology to achieve technological breakthroughs.
    Which semiconductor companies are based in China?There are a large number of foreign semiconductor companies operating fabrication plants and design facilities in China, including the largest companies such as SK Hynix, TSMC, Samsung, UMC, Texas Instruments, Micron and until 2021, Intel. Currently, the most advanced foreign made node in mainland China is 16 nm manufactured by TSMC in Nanjing .
    Who are China's largest chip manufacturers?China’s two largest chip manufacturers, the state-backed Semiconductor Manufacturing International Corporation, or SMIC, and Hua Hong Semiconductor have each announced billions of dollars this year to expand production into mature chips, according to public announcements.
    Will China lead the world in semiconductor production in 2024?Driven by serious government funding, China is predicted to lead the world in expanding semiconductor production, with a total of 18 new fabs expected to begin production in 2024. The rather substantial 6.4% increase in wafer processing capacity follows a 5.5% rise to 29.6 million WSPM in 2023.
     
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