Chip-making sector still welcomes overseas investments
By Gao Yuan | China Daily | Updated: 2016-01-22 08:32
Leading industry experts expect the chip-making industry to continue attracting more overseas investment, including from Taiwan, one of the mainland's biggest technology suppliers.
They said that with a continued lack of necessary techniques in the home market, reliance will continue on imported, high-end semiconductor technologies in 2016, even if gross domestic product growth slows further.
"The weak chip-production power is a bottleneck for the entire information technology industry, which the government sees as a major booster for the economy," said Ye Tianchun, director of the Institute of Microelectronics at the Chinese Academy of Sciences.
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