China pushes for 70% homegrown silicon wafer use as domestic firm ramps up 12-inch production — government seeking to localize critical chip supply chain amid AI boom and export restrictions
… According to the report, China’s push into advanced wafer manufacturing is being led by Xi'an Eswin Material Technology, which is targeting 1.2 million 12-inch wafers per month by 2026 — enough to meet about 40 percent of domestic demand and push its global share past 10 percent. …