Chip shortage will drag on ‘for some time’, Chinese ministry warns, as country looks to boost semiconductor support

China’s semiconductor crunch remains severe and could drag on, the country’s top industry agency warned, despite efforts to mitigate problems stemming from a global chip shortage.“The chip supply chain will remain tight for some time, and the current problem is still quite serious,” Tian Yulong, spokesman for the Ministry of Industry and Information Technology (MIIT), said at a press conference on Monday.The ministry has pushed for some domestic and foreign companies to resume production to…


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