China’s semiconductor industry sees opportunities for domestic substitutes to reduce its overwhelming reliance on imports thanks to growing demand for chips in applications such as 5G, autonomous driving and artificial intelligence, according to KPMG, one of the big four accounting firms.“The Covid-19 pandemic has spurred market demand for 5G chips, memory chips and logic semiconductor products,” said Jamie Li, partner in KPMG’s IC intelligence industry group in Shanghai.Speaking on the…



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