BEIJING, December 12 (TMTPOST) -- About 10,900 chip-related companies were shut down as of Monday, representing an 89.7% increase from the 5,746 companies closed in 2022, according to Qichacha. Meanwhile, 65,700 new chip-related companies were registered, a 9.5% increase year-on-year. On average, more than 31 chip companies are deregistered or revoked from business registration each day. Additionally, according to the TMTPost App editorial team's review, over the past five years, the number of domestic chip-related companies that have been revoked or deregistered has already exceeded 22,000. The data only includes companies whose names, business scopes, or product names contain the keyword "chip." The year-on-year growth data comes from Qichacha, and the annual growth data is compiled by the TMTPost App editorial team.