China Plans $47B Fund to Boost Its Semiconductor Industry

China should have done this 5-8 years ago. It took the blocking of ZTE and Huawei in the US for China to realize that they don&#x27;t have the fabrication capabilities for the chips that they need (the most advanced chips are all US&#x2F;JP&#x2F;KR&#x2F;TW built.) And no one wants to sell China that fab capability- so China will have to build&#x2F;use corporate espionage to make it themselves.<p>Even though it seemed expensive at the time, Masayoshi Son was smart to buy ARM.

I&#x27;m still wondering why there should be an economic, political or commercial conflict between China and the rest of the world esp. US. Such conflicts are wasteful with when we all should work together on common goals - space exploration, fighting against diseases, climate change etc.

great, I guess money talks. on the other hand, US is lagging in STEM advancements from k-12 all the way up these decades, only competition can correct the sloppiness.<p>many of the chip designers in USA are not native citizens, which again says, our education system needs a revamp.

Let&#x27;s just hope China will not take back Taiwan to get the state-of-the-art fabs there.

I really hope this spurs US investment in a similar route. A cold war can be dangerous but also fantastic for R&amp;D.

<a href="http:&#x2F;&#x2F;archive.is&#x2F;QxejC" rel="nofollow">http:&#x2F;&#x2F;archive.is&#x2F;QxejC</a>

I think the way this will play out as there will be another contest of Great Powers is that the United States will in turn decide soon to compete and pour billions more into technology. This will continue to be a great time to work in Silicon Valley.

Compare it to nearly same sized sum of Chinese solar RnD state funds.<p>Back a decade ago, they were ready to dish out few million bucks to anybody who just had word &quot;solar&quot; in their company name.<p>I don&#x27;t see how it will be different this time.

Obama screwed the US by stopping Intel MIC sales to China. That forced them to roll up their sleeves and bootstrap their own semiconductor industry.

How is this not an illegal state subsidy? The WTO is a joke.

China&#x27;s Debt to GDP ratio is 3 to 1<p><a href="https:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2018-02-08&#x2F;sizing-up-china-s-debt-bubble-bloomberg-economics" rel="nofollow">https:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2018-02-08&#x2F;sizing-up...</a>

I think the Soviet Union would still exist if they had their own modern semiconductor manufacturing. They had everything they needed (education, math culture) around semiconductors to make this successful. China absolutely needs their own fabs.

I think the end goal is not really develop their own chip. It is not economic to do all the research again. They just want to have some important patent and so they can avoid punishment from US government.