The Shanghai Municipal and Development Reform Commission has announced US$12 billion in project funding for a new SMIC-owned semiconductor foundry to produce sub-14nm wafers. This is another step towards creating an independent semiconductor industry in China that avoids US sanctions.
https://www.notebookcheck.net/New-US-12-billion-factory-for-SMIC-7nm-and-other-sub-14nm-wafers.519286.0.html
Wow tons of government investment that will crush other international private players...US gov can't put these party-associated companies fast enough on the Entities List.
Quote from: Jaden on February 08, 2021, 11:25:33
Wow tons of government investment that will crush other international private players...US gov can't put these party-associated companies fast enough on the Entities List.
Don't blame the game, blame the player. Even after billions of US government investment Foxconn still can't even build an assembly plant in Wisconsin.