China on track to be 40 percent self-sufficient for ICs in 2020

China has set a goal to become largely self-sufficient for ICs towards the mid-2020s. Last year, the country' State Council defined a "Made in China 2025" strategy that outlines the nation's goal to raise its self-sufficiency rate for integrated circuits to 40 percent in 2020 and 70 percent in 2025.

DigiTimes Research now reports China is on track to achieve the 40 percent by 2020 goal, and could even exceed the target ratio:

Digitimes Research forecasts that China's 12-inch pure-play foundries will see their combined production capacity grow substantially by the end of 2018. A leap in 12-inch wafer capacity could help the nation ramp up the self-sufficiency rate for production of chips to more than 40% by 2020.