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China's industry ministry expects tight chip supply for relatively long period

China's industry ministry expects tight chip supply for relatively long period
China's industry ministry expects tight chip supply for relatively long period Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
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BEIJING - China's industry ministry expects tight supplies of semiconductors over a relatively long period of time, an official said on Thursday.

China encourages key domestic enterprises to increase investment and promote better supply capacity of the entire chip industry chain, Luo Junjie, an official with the Ministry of Industry and Information Technology, told a news conference.

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