China Creates $47.5 Billion Chip Fund to Boost Domestic Industry
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- เผยแพร่เมื่อ 27 ก.ย. 2024
- China's government has set up the country’s largest-ever semiconductor investment fund to propel development of the domestic chip industry. This comes as Beijing looks to achieve technology self-sufficiency to bypass intensifying US restrictions. Peter Elstrom reports on Bloomberg Television
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Instead of interviewing a foreigner who probably can’t even speak Chinese and can only interpret events through his western lens, why not get better insights from people in China who are familiar with the industry and nuances.
People in poor China do not have free speech so you cannot get objective opinions from them
Probably because some interest groups will say the old cliche that they are under control of CCP, forced labor, state propaganda etc😂
China should thank US for making them self reliant on chip industry
China was literally built on stolen US tech! Down with the ccp
Not only that much more especially for those three decades.
I am using OnePlus 12 it has us made processor 8gen3 china need to ban all this western made chip in their device.
@@afridihossain610 it will happen when china start producing their own chips. at that time you can see chips from oneplus, xiaomi and other chinese brands like apple and google processors. they design and produced by smic or other fabs
Any side whose strategy is focused primarily on restricting, containing, suppressing and bad mouthing the other side is clearly on the wrong side of history.
Those are all communist characteristics.
Go China 🇨🇳
Good move! China shud sell off at least 90% of US treasury bonds & asap to repatriate the money back to buy gold & further develop its own country. Including setting up funds to finance development of modern technologies.
That would be detrimental to poor China. It needs USD to stay afloat.
@@Bubba-q2b
stop with the f ache news
China is dumping US debt and dollars these days
It can’t get rid of the USD it is getting fast enough these days
You do know people catch you posting up f ache News they start tuning you out
There are always two sides of a coin..
pros & cons. It's a matter of which side outweighs more. And I think it's better than to have all your assets being robbed at daylight & all at once by the cunning vile bullies.
Meanwhile there is a latest news of both BRICS members India and China (though not on very good term) have agreed to accept local currencies for imports and to ditch the US dollar. Since cross-border transactions in local currencies will ultimately benefit developing countries and strengthen their native economies.
@@jmchng9662 that is a plus but I would not trust the Indians not to kowtow to America
Let‘s go China
Im amazed by this dude's ability to talk for 3 minutes and provide 0 meaningful info or idea.
Last I read the USA has allocated £250Billion Chips Act fund. After 7 years from now, China will be a leader in these technologies and overcapacity or a term word will be coined to label it.
Stark contrasts between two superpowers.
China allocate 47bil for chip economy
US donate 95bil for Ukraine's war
😂
US already winning the chip industry though. But i hope China to top the semiconductor ind asap! ✊🇨🇳
At least they have Ukraine people drowning in debt right now 😂
@theMarhaenist Only Intel has their own foundries, they owned by Israel
AMD and NVIDIA use TSMC to make their chips and even their CEOs are Chinese 😂
First of all, poor China is not a superpower.
You are right. There is a stark contrast between US and poor China.
Russia invaded Ukraine. US is helping to defend Ukraine.
Poor China on the other hand is supporting Russian invasion.
@@theMarhaenist you mean the Taiwanese are winning the chip race
The money is mainly going to the Chinese equivalent of ASML and LAM.
china will create affordable powerful GPUs
BIG PROBLEM! THEY’RE MADE IN CHINA!
made china is best than western
Yes, it’s going to be a very big problem for western chip companies
like the phone you are likely using
It’s good for leader’s pockets. How about the last 2 funds?
Sasuke came out with the Kirin Chip huh ⚡️
This isn’t the first time China has embarked on this type of program. The last time they did this, they made little progress but had lots of corruption. Will it be different this time? Maybe.
The Chinese had “virtually” no chip making ability/foundries 6 years ago
thanks to the USA who did the job for the Chinese
Where their Government was trying to get their people to switch to homegrown chips before the sanctions
China is now expected to take over those legacy chip markets
If the USA was smarter instead of cutting off China from semiconductor chips and equipment for manufacturing
They should have themselves and their allies, lowered prices even more, and dump even more chips on China
Instead their idea was to force the hand of Chinese people at the time content with cheap imported chips.
Hope they could not innovate
When there is now a 7 volume 27 book series on what China invented first that says the world copied from them
And China leads the world in 37 of the 44 critical technologies of the future 🙄
At one point China was importing over 300 billion in chips a year
Now they will probably be exporting around 200 billion dollars worth of their own homegrown chips per year, within the products they export
👇
How Close Is China to World Dominance in Legacy Semiconductors? 27-02-2024 | By Paul Whytock
* Bread and Butter Technology
Obviously, China would like to be a major player when it comes to high-end sophisticated semiconductor devices, but that doesn’t mean they are not interested in the bread-and-butter end of the market, particularly when it comes to legacy products.
In fact, they are very interested in the legacy market, and there are some very good reasons why.
Legacy devices make up a huge amount of global chip sales. Most chips manufactured today are not advanced chips but legacy chips, and around 71% of devices
* China's Aggressive Expansion in the Semiconductor Industry
In September 2023, Reuters reported that China was set to launch a new state-backed fund aimed at raising about €43bn to support its chip industry, and according to research analysts, the Rhodium Group, in less than ten years, China is expected to domestically add nearly as much 50-180nm wafer manufacturing capacity as the rest of the World.
The views of industry analysts and observers vary, but generally speaking, it’s thought that 22 wafer fabs are being built in the country, and there is an overall plan to create a total of 30 new wafer fabrication plants.
Many of these will concentrate on the production of legacy devices.
As for market share, industry intelligence gatherers
Trendforce believe China’s legacy chip manufacturing base could provide as much as 30% of the global demand for older devices.
ElectroPages
Btw for AI Chips
I knew a long time ago China was leading in AI Chips
Recent news is Chinese AI Chip is ahead of NVIDIA latest AI Chip
But then China leads the world in 37 of 44 critical technologies of the future
But the narrow minded western view is to focus on the 7 technologies China is still behind in
Thinking they can’t innovate and catch up in those 7 technologies
Huawei also built their own Mobile phone processor and own memory chip. Before they used One from Sk Hynix of South Korea and processor from Qualcomm but now they use both of their own. Also they built their own Full fledged operating system. China also don't use Google as Search engine they use their own Baidu and China also don't use Google navigation system they have their own navigation system also which is more better than Gps of USA. Now it turn to make processor, Operating system, memory chip Gpus etc which can be used universally in all mobile phone and tablets Companies in all over the world. It's is not a just beginning it is now on middle stage you will see may be possible those by 2030.
This guy is talking gibberish.
Here's the problem with American reporting - they keep coming back to margins, share prices etc., Chinese planners never think of share prices, that's why they can do these huge capex investment. Most of the top semi companies in china have state institutions as big share holders. They are not pushed to raise stock prices, unlike western companies.
Economic problem in China,5.2%.hahahaha.
Do western people know that Huawei made a better AI chip than NVIDIA? Its called Ascend
NVIDIA even has to cut their margin despite having lower prices than Huawei Ascend price. Meanwhile outside China we dont have cutting edge Huawei AI chip for now 😂
Even if these people did know???!
they would flog f ache News
I knew a long time ago China was leading in AI Chips
In fact I am sure you know China leads in 37 of 44 critical technologies of the future
But the narrow minded western view is to focus on the 7 technologies China is still behind in
Thinking they can’t innovate and catch up
Huawei also built their own Mobile phone processor and own memory chip. Before they used One from Sk Hynix of South Korea and processor from Qualcomm but now they use both of their own. Also they built their own Full fledged operating system. China also don't use Google as Search engine they use their own Baidu and China also don't use Google navigation system they have their own navigation system also which is more better than Gps of USA. Now it turn to make processor, Operating system, memory chip Gpus etc which can be used universally in all mobile phone and tablets Companies in all over the world. It's is not a just beginning it is now on middle stage you will see may be possible those by 2030.
Huawei also built their own Mobile phone processor and own memory chip. Before they used One from Sk Hynix of South Korea and processor from Qualcomm but now they use both of their own. Also they built their own Full fledged operating system. China also don't use Google as Search engine they use their own Baidu and China also don't use Google navigation system they have their own navigation system also which is more better than Gps of USA. Now it turn to make processor, Operating system, memory chip Gpus etc which can be used universally in all mobile phone and tablets Companies in all over the world. It's is not a just beginning it is now on middle stage you will see may be possible those by 2030.
They graduate thousands of stem students. Nothing surprising here
“How economically viable is R&D?” The expert asked a very strange question.
The ban on semiconductor exports to China 🇨🇳 is one of the most important policy moves of *the century.*
- The Chinese regime is still trying to figure out *what hit them.*
Guess both you "lastchang" and "ArabicReja" below are from the same indian person.
@@mingouczjcz3800Are you and other 2 million Chinese 50 Cent the same organization?
@@AhmetTekin101not 2 million, 1.5billion
@@Peter-ox8lj Most Chinese don't like the authoritarian surveillance Chinese regime.
@@AhmetTekin101 all Chinese are brainwashed, don't you watch any news?
The tightened restrictions of the US 🇺🇸 and its allies, including the Netherlands, Germany, South Korea, and Japan, on China's access to semiconductor technology make a lot of sense economically and morally.
USA always top of moral mountain
@@Peter-ox8lj😂
nope other countries are being bullied by sanctions