China reportedly pours CNY12.1 billion into local chipmaking sector

Chia-Han Lee, Taipei; Jessie Shen, DIGITIMES Asia Monday 8 May 2023 0

Credit: DIGITIMES

In 2022, the Chinese government allocated CNY12.1 billion (US$1.75 billion) in subsidies to 190 listed semiconductor companies to fill the gap left by US restrictions on advanced semiconductor manufacturing, according to a South China Morning Post...

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