China’s Multi-Billion Dollar Investment Fuels Semiconductor Self-Sufficiency Drive

China’s pursuit of semiconductor self-sufficiency has received a massive boost with a nearly $2 billion investment in Changxin Xinqiao, a promising memory chip company. Orchestrated through China’s state-backed chip investment fund, known as the “Big Fund”, this strategic move represents 33.15% of the company’s total registered capital, highlighting China’s commitment to strengthening its semiconductor industry.…

Chinese Government Invests Billions in Semiconductor Industry Subsidies

The Chinese government has reportedly provided substantial subsidies, totaling CNY12.1 billion (US$1.75 billion), to approximately 190 listed semiconductor companies within its territory. This move is part of China’s broader strategy to enhance its technological independence and reduce reliance on the Western world amidst geopolitical tensions. China has been actively investing in sectors critical to its…

Dutch Bolster U.S. Against Chinese Chip Technology

The Netherlands has taken a significant step in limiting China’s access to high-performance semiconductors by announcing plans to restrict the export of key chip-making tools. This move is part of the US’s ongoing effort to curb China’s ability to develop advanced military technologies such as hypersonic missiles. The Financial Times reports that the deal, which…

Japan and Netherlands Join U.S. Against Chinese Tech

Japan and the Netherlands recently joined forces with the United States in putting a ban on the use of technology produced by Semiconductor Manufacturing International Corporation (SMIC), a Chinese satellite company, in products manufactured in their countries. This move came after growing suspicions about SMIC’s relationship with China’s armed forces and information services. The ban…