Ministry of Industry and Information Technology: China's chip self-sufficiency rate is only 10%, facing structural shortage challenges

Recently, Luo Daojun, Senior Vice President of the Component and Material Research Institute of the Fifth Institute of Electronics of the Ministry of Industry and Information Technology, publicly stated at the 2024 China Automotive Forum held in Shanghai that China's chip self-sufficiency rate is currently only 10%. Compared with the huge new energy vehicle production capacity and increasing demand, there is a significant structural shortage problem. This viewpoint has sparked widespread attention in the industry regarding the current status and future development of the chip industry.

Luo Daojun pointed out that as the world's largest producer of new energy vehicles, China's production capacity and market demand continue to rise. However, behind this prosperous scene, the insufficient self-sufficiency rate of chips has become a key factor restricting the development of the industry. He emphasized that although China has made significant achievements in the field of new energy vehicles, the fragility of the chip supply chain is still evident, especially the self-sufficiency of high-end chips urgently needs to be improved.

In response to this issue, Luo Daojun put forward clear suggestions: companies that produce parking chip should try to develop towards the high-end field as much as possible, avoiding excessive competition and "involution" in the low-end market. He quoted a common saying, 'As long as the Chinese people know how to do something, they will quickly make a decision,' emphasizing the importance of continuous innovation in a fiercely competitive market environment.

He believes that only through continuous technological innovation and product upgrades can we enhance the international competitiveness of China's chip industry and achieve the goal of self-sufficiency. Luo Daojun also emphasized two highlights in China's industry: new energy and automobiles.

He pointed out that with the global emphasis on environmental protection and sustainable development, the new energy vehicle industry will usher in a broader development space. Meanwhile, with the continuous advancement of technologies such as intelligence and networking, the demand for chips in automobiles will also continue to grow. Therefore, for the chip industry, automobiles are an industry full of opportunities.

However, he also admitted that the current international environment is becoming increasingly complex and changing, and competition among car companies is becoming increasingly fierce. In this context, the chip industry must seize the opportunities brought by structural contradictions, strengthen technological innovation and industrial upgrading to cope with future challenges.

According to the "2024 Automotive Standardization Work Points" previously released by the Ministry of Industry and Information Technology, China will increase its efforts in developing standards for intelligent connected vehicles, strengthen the supply of automotive chip standards, upgrade automotive safety standards, and consolidate automotive electronic standards. These measures will undoubtedly provide strong support for the development of China's chip industry.

Faced with the insufficient self-sufficiency rate of chips and the rapid development demand of the new energy vehicle industry, China's chip industry must accelerate the pace of transformation and upgrading, improve its independent innovation capability and market competitiveness. Only in this way can we ensure China's leading position in the global new energy vehicle industry and achieve sustainable development of the chip industry.

Source: Sensor Expert Network