Posted inChina

China’s laggard chips industry rotten with corruption

An anti-corruption storm in that kicked up in mid-July has so far resulted in the arrest of a dozen top Chinese officials and executives of a national investment fund and related companies, prompting a course shift in Beijing’s chip-making strategy. Zhao Weiguo, former president of Tsinghua Unigroup, a Chinese technology and semiconductor manufacturer, was taken […]

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