Reds on the beds: Putin's war sparks Chinese chip boom, starting with electric blankets
But electric blankets alone won't make much of a difference to consumer tech manufacturers or their component suppliers. Jiwei cited a local manufacturer's estimate that chips for the warming devices might be a $14 million market if shipments surge all the way to 100 million units.
But the reason for the current spike in sales represents a bigger trend: electric blanket sales are booming because energy prices have risen sharply in Europe thanks to Russia's illegal invasion of Ukraine – and alleged sabotage of pipelines – crimping the supply of the natural gas European nations use to produce electricity.
The firm therefore suggests the electric blanket bloom is a harbinger of other growth opportunities for Chinese chipmakers to chase. And the good news, for China, is that the kind of silicon that's needed for an electric blanket or energy applications is low-end stuff that local firms can already make and won't be prevented from pursuing, even as the USA
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