China remains the world’s largest semiconductor market, with total sales of US$151.7 billion in 2020, up 5 per cent from a year earlier. Photo: Reuters China remains the world’s largest semiconductor market, with total sales of US$151.7 billion in 2020, up 5 per cent from a year earlier. Photo: Reuters
China remains the world’s largest semiconductor market, with total sales of US$151.7 billion in 2020, up 5 per cent from a year earlier. Photo: Reuters

China’s semiconductor expansion raises risks of overcapacity, inefficient investment, Moody’s warns

  • Small domestic semiconductor companies are likely to face high credit risk resulting from potential overcapacity in less sophisticated chips
  • State-led investment efforts, according to the Moody’s report, have led to overcapacity issues in other industries in the past

Topic |   Semiconductors
China remains the world’s largest semiconductor market, with total sales of US$151.7 billion in 2020, up 5 per cent from a year earlier. Photo: Reuters China remains the world’s largest semiconductor market, with total sales of US$151.7 billion in 2020, up 5 per cent from a year earlier. Photo: Reuters
China remains the world’s largest semiconductor market, with total sales of US$151.7 billion in 2020, up 5 per cent from a year earlier. Photo: Reuters
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