“China is doing quite well in pretty much everything, except semiconductors,” said Kirkland Capital’s CEO.
More mainland Chinese electronics manufacturing companies are set to take away market share from Taiwanese counterparts such as Foxconn and Pegatron, an investment fund manager said.
“Chinese companies are getting pretty competitive for iPhone assemblers. China is doing quite well in pretty much everything, except semiconductors,” Kirk Yang, chairman and CEO of Kirkland Capital, told CNBC’s “Squawk Box Asia” Friday.
“So that’s why eventually, you are going to see more and more Chinese companies taking market share away from Taiwanese electronic companies,” Yang added.
