Alibaba, ByteDance, and Tencent Seek Domestic Chip Suppliers Amid Global Shortage

Alibaba, ByteDance, and Tencent are procuring chips from domestic manufacturers in response to the ongoing global memory chip shortage. This shift reflects a broader strategy to reduce dependence on foreign suppliers and secure more stable, local semiconductor resources. The Information reported this development on March 5, citing familiar sources.

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Alibaba, ByteDance, and Tencent Seek Domestic Chip Suppliers Amid Global Shortage - CoinPost Terminal