Focus topics


Feature
•

Attack on the chip giants

China, which has been sanctioned by the USA, wants to become more independent of foreign countries in the field of semiconductor technology and is already putting its money where its mouth is. In the past five months alone, it has raised a total of six billion US dollars for new investments in the sector. While China is quick to implement and create capacity, it is technically lagging behind South Korea, the island of Taiwan and the US. The auto industry is watching the semiconductor arms race closely.

By
Frank Sieren
Image of Frank Sieren

In order to become less dependent on foreign manufacturers and to meet demand during the global supply bottleneck,China is now investingheavily in its own chip industry. In the process, the People’s Republic’s semiconductor producers have already been able to bring in large investments this year, with 164 Chinese companies raising a total of 40 billion yuan (six billion US dollars) in financing in the first five months of this year. That’s about the same as in all of 2019. In 2020, Chinese firms raised about 140 billion yuan.

Continue reading now

… and get free access to this Professional Briefing for a month.

Continue free reading

Are you already a guest at the China.Table? Log in now

Related

    Beijing wants to play neutral role in the Middle East
    Demands of Chinese tourists have changed
    Xi and Putin’s joint paper documents China’s dominance
    China approves first mRNA vaccine
Be our guest at the China.Table. Try it for free now, no automatic renewal.
Try it for free