A man views a display at the SEMICON China trade fair in Shanghai, China March 17, 2021. Photo: Reuters
A man views a display at the SEMICON China trade fair in Shanghai, China March 17, 2021. Photo: Reuters

US-China tech war: China becomes world’s top semiconductor equipment market as Beijing pushes local chip industry

  • Taiwan was the second-largest market last year with sales of US$17.15 billion
  • ASML CEO believes export controls on China will fail to halt the country’s technological progress, and will also hurt the US economy

A man views a display at the SEMICON China trade fair in Shanghai, China March 17, 2021. Photo: Reuters
A man views a display at the SEMICON China trade fair in Shanghai, China March 17, 2021. Photo: Reuters
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