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Zhejiang Province Boosts Chipmaking Amid US Competition

1/16/2026

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Story summary
  • China's Zhejiang Province plans to bolster its chipmaking capabilities over the next five years by focusing on chip design and wafer manufacturing.
  • The move aligns with Beijing's strategy to boost indigenous technologies amid competition with the United States.
  • Zhejiang's plan targets advancements in 3- to 7-nanometer processing nodes for high-performance chips.
  • Taiwan Semiconductor Manufacturing Company (TSMC) said that 77% of its fourth-quarter 2025 revenue came from these advanced chips.