China to pour billions into semi industry

Stefan Mileschin · 18th June 2015, 08:59

Mainland China doesn’t intend to be left on the back foot when it comes to semiconductor manufacturing and will spend something like $20 billion over the next five years.

That’s according to a report from Digitimes, which said that mainland China foundry Semiconductor Manufacturing International Company (SMIC) has already been pumped with government money.

The report said that nearly three quarters of the money will go to manufacturing integrated circuits and equipment.

China will also put money into companies making DRAM and NAND flash, an industry that is currently dominated by South Korean firms like Samsung and SG Hynix. Those two companies already have fabrication plants (fabs) in China.

http://www.techeye.net/business/chin...-semi-industry

18th June 2015, 08:59	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,514	China to pour billions into semi industry Mainland China doesn’t intend to be left on the back foot when it comes to semiconductor manufacturing and will spend something like $20 billion over the next five years. That’s according to a report from Digitimes, which said that mainland China foundry Semiconductor Manufacturing International Company (SMIC) has already been pumped with government money. The report said that nearly three quarters of the money will go to manufacturing integrated circuits and equipment. China will also put money into companies making DRAM and NAND flash, an industry that is currently dominated by South Korean firms like Samsung and SG Hynix. Those two companies already have fabrication plants (fabs) in China. http://www.techeye.net/business/chin...-semi-industry

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