China creates $47 billion chiptech investment fund

  • 📰 TheRegister
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 61%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Third 'Big Fund' is close to the level of US and EU subsidy programs

The fund is actually the third version of the"National Integrated Circuit Industry Investment Fund" – colloquially known as the"Big Fund."

That may be a nod to the spotty track record of China's efforts to create a local semiconductor industry. While the likes of Yangtze Memory and China Semiconductor Manufacturing International Corp have produced world-class silicon, other initiatives have cratered.

China is not allowed to buy from ASML, and its indigenous semiconductor manufacturers can't currently match the likes of TSMC and Intel.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 67. in PT

Portugal Últimas Notícias, Portugal Manchetes