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Although China has invested huge resources in the localization of semiconductor production and design, so far, there have been relatively few achievements other than Huawei, and it may be difficult to get rid of the dependence on imported equipment and some key materials in the medium term, Investment Bank Credit Suisse said on Wednesday.
According to the bank's report "China: can we realize the independence of science and technology", science and technology has become the first major component of China's import. Among the imported products of science and technology, semiconductor import accounts for the largest proportion (about 70%, up to US $311 billion), of which, in 2018, semiconductor memory import amounted to US $122 billion (about 27% of the total imported products of science and Technology) His imports of semiconductor products amounted to 189 billion US dollars (accounting for 42% of the total imports of science and Technology).
"China has achieved many successes in telecom equipment, hardware manufacturing, display and many key components, and has accumulated some successful experience in the design of integrated circuits in the field of mobile phones and consumer goods." Wang Xiaoqiong, head of China's science and Technology Research Department of Credit Suisse, said.
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