Like most things you read in NY Times it's about 5-10 years too late. It's been widely known for a while that China imports huge amounts of microchips and this

Like most things you read in NY Times it's about 5-10 years too late. It's been widely known for a while that China imports huge amounts of microchips and this creates enormous dependence on the West while also posing as a significant security risk [1]. China has no choice but to invest tens of billions into growing an alternate, "reliable" semi-conductor industry [2] and there's reason to believe the real number may be a multiple of the headline number. Nobody knows whether China will pull it off; the next ten years will tell but there's reason to believe they're already closing in on 14nm fabrication (no hard evidence here yet) and they're in it for the long game. I suspect this will be a big problem for existing chip makers in the long run. Chinese chip makers will happily attack the fat margins that exist today and will offer (quasi-subsidized) prices that will prove irresistible elsewhere. [1] http://nationalinterest.org/feature/how-china-will-benefit-americas-trade-war-25873 http://nationalinterest.org/feature/how-china-will-benefit-a... [2] https://www.bloomberg.com/news/articles/2018-03-01/china-is-said-raising-up-to-31-5-billion-to-fuel-chip-vision https://www.bloomberg.com/news/articles/2018-03-01/china-is-...