Semiconductor sales increased by more than 40% from 2017 to 2022, with around 70% of these sales originating from Asia. Since 2016, China's semiconductor sales have outpaced that of other regions due to substantial government investments, strategic policies, and a booming tech sector. Domestic companies, supported by initiatives like "Made in China 2025," have ramped up production and innovation. The growing demand for electronics, 5G technology, and AI applications has further fueled China's rapid semiconductor industry growth.