World NM: China needs to accelerate localization of auto chips, industry report says001508

Chip supply shortage has become increasingly a crucial problem for the entire automotive sector, and the country should put more efforts into supporting localization of auto chips.
Auto chips is an important part relating to core competitiveness for the automotive sector, as well as a key basis for building China into a powerful nation in automobile industry.
In terms of chips manufacturing, China has been a leader in the field of packaging and testing, but has a weak link in wafer and chips manufacturing.

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