{
  "id": 602545,
  "title": "China's semiconductor industry is rapidly catching up. There are three key factors behind its ultra-high-speed growth.\n\nChina's semiconductor industry has achieved remarkable growth over the past decade, with its market size increasing from 65.4 billion yuan in 2012 to 359.9 billion yuan in 2021, at a compound annual growth rate of 17.5 percent.\n\nThe growth rate far exceeds the global average of 7.4 percent during the same period.\n\nThe domestic semiconductor industry has also made significant progress in technology development.\n\nIn 2020, China's 28nm process technology, which is considered a mid-to-high-end level, reached mass production.\n\nThe country's chip design sector has also seen rapid growth, with the number of design companies increasing from 542 in 2012 to 2,218 in 2021.\n\nChina's semiconductor industry has grown rapidly due to three major factors.\n\nFirst, the Chinese government has provided strong policy support.\n\nSince 2014, China has launched a series of policies to support the development of the semiconductor industry.\n\nThese include the \"Made in China 2025\" plan, the \"Semiconductor Industry Development Plan (2014-2020)\", and the \"Special Fund for the Development of the Integrated Circuit Industry\".\n\nThese policies have provided significant financial support, with the total investment estimated to be over 300 billion yuan.\n\nSecond, China has made significant investments in research and development.\n\nIn 2020, China's semiconductor industry invested 17.5 billion yuan in research and development, accounting for 5.5 percent of its sales revenue.\n\nThis is significantly higher than the global average of 2.5 percent.\n\nThird, China's semiconductor industry has a large and growing market.\n\nChina is the world's largest consumer of semiconductors, accounting for over 30 percent of global demand.\n\nThis has provided a huge market for domestic semiconductor companies to grow and develop.\n\nChina's rapid growth in the semiconductor industry has significant implications for the global industry.\n\nIt is expected that China's semiconductor market will continue to grow rapidly, driven by the increasing demand for chips in 5G, artificial intelligence, and other emerging technologies.\n\nHowever, the industry also faces challenges, including a shortage of talent and a lack of core technologies.\n\nDespite these challenges, China's semiconductor industry is expected to continue to grow rapidly, driven by strong policy support, significant investments in research and development, and a large and growing market.",
  "url": "https://urgent.news/2026/08/11/3-602545",
  "topic": "world",
  "section": "World",
  "published": "2026-08-11T19:31:52.000Z",
  "source": {
    "name": "Hankyoreh",
    "slug": "hankyoreh",
    "url": "https://www.hani.co.kr/arti/economy/marketing/1272480.html"
  },
  "original_language": "ko",
  "account": null,
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Hankyoreh",
        "title": "A federal prosecutor who was abruptly fired after posting critical comments about President Donald Trump on Facebook is suing the US Department of Justice.\n\nThe lawsuit filed by the former prosecutor, David Zieve, on Tuesday accused the department of violating his constitutional rights and federal civil service laws.\n\nZieve was dismissed on 6 July, three hours after a conservative watchdog group, Judicial Watch, reported his Facebook post to the department.\n\nIn his post, Zieve had described Trump as a “sociopathic, dangerous, unfit, lying, crooked, and untrustworthy” leader.\n\nThe Department of Justice said in a statement that Zieve’s comments “demonstrated a serious lapse in judgement” and that he was let go for “conduct that undermined the integrity of the department”.",
        "url": "https://urgent.news/2026/08/08/3",
        "published": "2026-08-08T22:39:53.000Z"
      },
      {
        "outlet": "The Asahi Shimbun",
        "title": "Hanamaki Higashi scored little by little and overcame the first game with a 3-reliever pitching effort. Nita could not take advantage of their late-game chance.",
        "url": "https://urgent.news/2026/08/09/3",
        "published": "2026-08-09T02:09:05.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}