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US News: China wants its semiconductor industry to catch up with the U.S. — but that won't be easy - CNBC

Integrated circuits on a circuit board. The semiconductor industry has been in focus during the U.S.-China trade war. filonmar | E+ | Getty Images GUANGZHOU, China — China has been trying to ramp up its domestic semiconductor industry as the U.S. increases pressure on the country's technology giants.


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Source:www.cnbc.com


Posted: 2020-09-14 02:00:00

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US News: China wants its semiconductor industry to catch up with the U.S. — but that won't be easy - CNBC | Daily USA News | RobinsPost News Network - Newscast

China wants its semiconductor industry to catch up with the U.S. — but that won't be easy

Mon, 14 Sep 2020 00:57:00 GMT

As the U.S. puts pressure on China's technology sector, Beijing is looking to boost its homegrown semiconductor industry. But its reliance on foreign tech creates big challenges.

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But it is such a strategic industry. It is absolutely vital for the CCP (Chinese Communist Party) to try to catch up, because semiconductors is an Achilles heel for China Inc. There are still no ...

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