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China chipmakers likely to initiate price cuts in 2023

Jay Liu, Taipei; Steve Shen, DIGITIMES Asia Thursday 15 December 2022 0

Credit: DIGITIMES

China's government reportedly plans to provide handsome subsidies to local chipmakers, which will allow them to cut their chip prices in 2023 to win more orders at the expense of rival Taiwan-based IC providers, according to industry sources.

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