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I mentioned this in a previous comment I made: "It's a very secret industry, and getting even tighter now since China has been blocked from acquiring the lates
by genericone 8y ago
I mentioned this in a previous comment I made:
"It's a very secret industry, and getting even tighter now since China has been blocked from acquiring the latest semiconductor technology. China has so far invested over $40 billion in boosting their chip-making abilities, to acquire capital, IP, and knowledge-workers. Given their history of borrowing technology from other countries without attribution, if I were at the head of a semiconductor related company, I would clamp down on the secrets ahead of the danger."
Looks like the clamp-down didn't happen soon enough...
- baybal2 8y ago>China has so far invested over $40 billion in boosting their chip-making abilities, to acquire capital, IP, and knowledge-workers. There is a rumour going that the ministry of commerce has been given a war chest of ~$140B+ to establish self sufficient semiconductor industry in China. I can guess that those $40B is just a part of it that was spent on direct funding of their chipmakers. Another big part probably goes to "one day funds" like Canyon Bridge Capital that appear out of nowhere with few billion bucks just to disappear a year later when they are done buying a target company.