China’s chip supply will remain tight this year, and the automotive chip supply shortfall will widen to 20 percent. The regime’s own experts have revealed that the key reason for China’s chip shortage is not the pandemic, but China’s outdated chip technology and U.S. sanctions against the Chinese Communist Party (CCP). Luo Junjie, a spokesman for the Ministry of Industry and Information Technology of the CCP, said on Jan. 20 that the shortage of chips last year had the greatest impact on the auto industry, and many domestic auto companies experienced production cuts or short-term shutdowns. In 2022, the shortage of chips in China looks set to continue to worsen. Data fed back by foundries and chip manufacturers show that this year, the automotive-grade microprocessors, storage, logic, and analog chips produced can only meet the production needs of 4 million new energy vehicles in China. The China Association of Automobile …