This is a China news story, published by CNBC.
For more China news, you can click here:
more China newsFor more consumer electronics news, you can click here:
more consumer electronics newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like consumer electronics news, you might also like this article about
chip manufacturing equipment. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Chinese companies news, generation chips news, consumer electronics news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
largest semiconductor equipment manufacturersCNBC
•
87% Informative
China is ramping up spending on chip manufacturing equipment, surpassing the combined expenditure of the U.S. , South Korea , Taiwan and Japan in the first half of the year .
The outsized investment is driven by Beijing 's endeavors for chip self-sufficiency as it hopes to hedge against further Western restrictions that could thwart its access to the critical technology.
Such over-investment ultimately will lead to "inefficient or under-utilized capacity in the future," creating pricing pressures to its global industry peers.
VR Score
92
Informative language
94
Neutral language
48
Article tone
formal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
3
Affiliate links
no affiliate links