China Sinks $100 Billion Into ‘Champion’ Chipmakers

By | June 29, 2015

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China will invest $100 billion over five years to strengthen its chip industry, Morgan Stanley analysts say, with a focus on creating “national champions” such as Semiconductor Manufacturing International and Spreadtrum Communications. Bill Lu and nine other Morgan Stanley analysts said in a 41-page research report Monday said while this isn’t China’s first major attempt to make a big leap in the semiconductor market, “this time could be Scalper1 News

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