CEO of chip maker YMTC says China to see ‘explosive’ semiconductor growth in 3-5 years
- Chen Nanxiang, who chairs China’s top chip industry association, said the country will benefit from new packaging technologies while Moore’s Law slows
“[Today’s focus] is on innovation in industry, products, services, and business models, which ultimately will have to bring value,” Chen said in his interview with CGTN, the English channel of China Central Television (CCTV), which aired over the weekend. “The chip industry in China has not yet reached explosive growth, but that day will come over the next three to five years.”
“For example, the hottest AI chips are in need of state-of-the-art foundry and packaging technologies,” he said. “It can be predicted that, in the very near future, the importance of packaging technology may exceed the importance of foundry technology.”
He also suggested he is pinning his hope for the domestic industry on specialised chips, as chips are now often created for specific applications.