China to take global lead in semiconductor display

Nation plays an 'active and vital' role in developing the sector, says TCL chief

China will likely take the lead in the semiconductor display sector across the world within the next three to five years, said Li Dongsheng, the founder and chairman of Chinese consumer electronics giant TCL Corp.

"China will play an active and vital role in prompting the development of the semiconductor display industry, which has a high entry threshold and needs high investment," Li said, while noting China has the best chance of making a breakthrough in this field and expressing confidence in the prospects of the high-tech industry.