Technology

China’s semiconductor gold rush: A reality check




The semiconductor industry has become a major front in the US-China tech war. Given that this is a weak link in China’s otherwise impressive technology stack, the US has imposed export controls restricting Chinese semiconductor companies from accessing key equipment, software, and intellectual property.
China has been aware of this weak link. Since 2014, the Chinese state set up two “Big Funds” to raise money primarily from government bodies – the finance ministry, state-owned enterprises,…



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