Impact of China’s Ambition Will Be Felt Throughout Memory Chips Market – Objective Analysis

With an investment of over $150 billion China has shown its determination to become self-sufficient in memory chips, and is most likely to achieve its goals.

 That’s the finding of a report by Objective Analysis: China’s Memory Ambition (102 pages, 50 figures, 7 tables, $7,500).

“China found that its semiconductor imports exceeded even its petroleum imports, motivating this cash-rich nation to seek self-sufficiency,” said Jim Handy, general director, Objective Analysis. “We find little reason to doubt that the Chinese people will achieve their goal, although perhaps not on the aggressive schedule they initially set for themselves.“

China has detailed an investment plan and an organizational structure to create an important presence in the memory chip market. With its phenomenal resources and its centrally-planned economy the country is very likely to successfully penetrate the market to the detriment of current suppliers.