Category: chinese semiconductors

US-China Battle for Semiconductors

News Analysis Semiconductors are at the heart of the U.S.-China competition for tech supremacy. They are expensive and critical, and the Chinese regime has vowed to outspend the United States by almost 50 to 1 in developing semiconductors. Semiconductors, or “chips,” are an integral component of the technological products, which drive a country’s economic development. They…


China’s $18.5 Billion Semiconductor Investment Project Fails, Employees ‘Asked to Resign’

An $18.5 billion semiconductor manufacturing project in Wuhan City backed by the Chinese regime has failed, with employees having been “asked to resign” before Feb. 28. Anonymous sources from Wuhan Hongxin Semiconductor Manufacturing Co. Ltd. (HSMC) told Caixin its employees “submitted resignation applications before Feb. 28 and completed the departure clearance before March 5.” The notice…