SEMI data: China spent a record $25B on chip tools in H1 2024, more than South Korea, Taiwan, and the US combined, and total spending could hit $50B in 2024 (Nikkei Asia)

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Nikkei Asia:
SEMI data: China spent a record $25B on chip tools in H1 2024, more than South Korea, Taiwan, and the US combined, and total spending could hit $50B in 2024  —  Record $25bn spent in first half in Beijing push to develop local supply chain  —  TAIPEI — China spent more on chipmaking equipment …

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