$1.4 trillion dollars. That’s the investment price tag the Chinese government has committed to paying to develop its domestic semiconductor industry in the next five years. This attempt to achieve self-reliance in semiconductors, which power much of the global economy, is not just a strategic objective but an existential imperative. Multiple rounds of U.S. sanctions are threatening to crippled China’s tech sector, forcing national champions like Huawei to charter planes to bring back as many
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