China sets aside $47 billion to boost its chip industry

27 May 2024
The finance ministry is the biggest shareholder in a new investment fund.

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The way countries & corporations find billions of dollars yet we still have world issues that can be changed is crazy

    Free trade will always win in the end.

      • A
      • Amanda
      • nmP
      • 28 May 2024

      To anonymous:

      1. Saying that the US can not eliminate dependence on China because of manufacturing costs is flying against reality in which there is already undergoing huge effort to move supply chains out, to India, Vietnam (which is kinda funny since it has the same system as China), Thailand, Philippines and everywhere else possible. This is very complicated process but there is steel resolve by the US to push China out. There is also starting process of creating 'technodemocracies' camp against 'technoautoritharinism'. Once these things are implemented you may see e.g. Chinese made phones eliminated in similar way like Huawei was eliminated from networks.

      2. It is true mastering semiconductor technology is exquisitely difficult. But Chinese are known from long-term methodical approach to mastering things. Example of their progress are home grown lithography machines for the 27nm node. Now you can say 27nm is Stone Age technology fact is it the bulk technology for industrial applications. There is another example of complexity similar to semiconductors albeit of different nature: passenger aircraft. After colossal long term effort the C919 medium range plane made in China is flying. It is still using western engines but work on home grown ones is in the advanced stage. The long distance plane C929 is in the advanced development stage. Conclusion is that there are not things Chinese won't be able to do.

        its just a matter of time...since they are investing in R&D and other company in china like Huawei they are also working on the same...

          • V
          • Very Tired
          • y2g
          • 28 May 2024

          S, 28 May 2024If anyone think of china - 50 year ago and today. China o... moreIf everyone know China, 30 year ago they should not go and depend heavily their cheap labor while that time they know nuts on everything. Know that , they have learn all yr things and gun against all yr products , economy and so on. U wake a dragon and firing back.

            • ?
            • Anonymous
            • SHp
            • 28 May 2024

            You don't wake up one morning having mature cutting edge chip technology. There are milestones others took decades ago and the process is evolutionary. No matter how industrious and goal oriented China is they will never catch up with the existing technology. Like someone else mentioned there might be a breakthrough in another type of technology where China leads the way. These huge investments in chip tech were mainly sunken before mostly because of corruption. There were literally hundreds of hollow startups applying for subsidies. Let's make it clear China needs self sufficiency they don't need competitiveness. Older, less powerful chips are perfectly fine with their needs.

              alcatraz, 27 May 2024That would be great. How is it that ASML hasn't got an... moreBecause building these machines is extremely hard and expensive. But the big boost by the Chinese company in terms of funds will definitely help

                • ?
                • Anonymous
                • IT%
                • 28 May 2024

                Amanda, 28 May 2024Both sides of this discussion are wrong: - China can def... more"In fact a major strike to isolate China out of high-tech markets is only coming, strategic vision is that there will be China-world and US-world. Remember, US will never give up."

                Whoever did not allow China product and only allow US product will lost the competition battle due to higher cost.

                Europe and US forbid China manufacturing equipment
                Europe & US farmer must shell out 5x more for farming equipment
                In the end, their competitor have a better priced farming produce.
                you can search this on the net that caterpillar is 5x more expensive than competitor.

                  • A
                  • Amanda
                  • nmP
                  • 28 May 2024

                  Both sides of this discussion are wrong:

                  - China can definitely catch up in semiconductors and not by spying but its own r&d. Look at 5G, electric vehicles - especially batteries, and even billions of small clever gadgets on Ali and Temu. Strong competition, inventive spirits, money is there and this is enough for brisk progress. In this respect China is only beginning its rise.

                  - But this does not mean China will overcome and dominate whatever technology as US will never give up its supremacy and domination. Think what would theoretically happen if China developed new semiconductor technology beating existing ones (and they have staggering research in this area). They would be simply pushed out from the US-sphere markets under the guise of national security, stolen research, backdoor traps, undemocratic technology, using forced/child labor, etc. In fact a major strike to isolate China out of high-tech markets is only coming, strategic vision is that there will be China-world and US-world. Remember, US will never give up.

                    let's go huawei, cxmt, ymtc, smic!!!!!!!!🔥🔥🔥🔥👍👍👍👍

                      • S
                      • S
                      • xjH
                      • 28 May 2024

                      ju, 27 May 2024China's Semiconductors haven't gotten anywhere in... moreIf anyone think of china - 50 year ago and today.
                      China overcomed a lot.
                      The fastest probably to overcome many hardships.
                      Comparing it USA and EUROPE is just not worth the time.
                      CHINA is highly efficient in many aspects.
                      I went many times in china and found that their infra is very good mainly in or near city level areas.
                      Rural areas are also okay but some rural areas are still not okay i found.
                      Hopefully they will improve those parts in future.

                      The world needs to learn how they changed themselves within such short amount of time.
                      Yes we can criticize them but that not the best option all time.
                      Hopefully they keep the same pace of improvement in future also.

                        • ?
                        • Anonymous
                        • pKL
                        • 27 May 2024

                        Anonymous, 27 May 2024And now, Someone just poke the panda, and the panda become... moreYes they can conduct high level industrial espionage.

                          ju, 27 May 2024China's Semiconductors haven't gotten anywhere in... moreBelieve me, it's a matter of time!

                            • d
                            • dd
                            • S37
                            • 27 May 2024

                            Anonymous, 27 May 2024And now, Someone just poke the panda, and the panda become... moresounds simple, looking up in a dictionary freedom can be the first step

                              • T
                              • Tom
                              • Ki8
                              • 27 May 2024

                              China will catchup in few years and than beat others. US sanction only slowing down for a moment. but for long term it will be bad

                                • ?
                                • Anonymous
                                • IT%
                                • 27 May 2024

                                ju, 27 May 2024China's Semiconductors haven't gotten anywhere in... moreAnd now,
                                Someone just poke the panda, and the panda become dragon....

                                China doesn't feel the need to build everything.
                                Because China believe in free trade.

                                Trump trade war & rethoric wake up China

                                  • ?
                                  • Anonymous
                                  • IT%
                                  • 27 May 2024

                                  Darth Caesium, 27 May 20247nm DUV has terrible yields and high defect rates, and none... moreJust because intel can't do it, you're assuming China can't do it too...
                                  You don't have fair attitude toward China.

                                    • j
                                    • ju
                                    • S37
                                    • 27 May 2024

                                    China's Semiconductors haven't gotten anywhere in 50 years

                                      • ?
                                      • Anonymous
                                      • IWH
                                      • 27 May 2024

                                      Anonymous, 27 May 2024Tsmc needs to be sold to someone in USA to be safe .. No.

                                        • B
                                        • BJ
                                        • S37
                                        • 27 May 2024

                                        talk about falling behind and the gap just gets bigger, run in circles for a long time to
                                        come