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Taiwan's Silicon Motion turns to China and 5G for future growth

CEO of key memory controls maker says mainland's chip projects do not threaten Samsung, Toshiba

Yangtze Memory Technologies is building a $24 billion memory chip project in the Chinese city of Wuhan.

TAIPEI -- Taiwan's Silicon Motion Technology, the world's leading NAND flash controller chipmaker, is eyeing the next wave of growth opportunities in China, at a time when Beijing is pouring in funds to boost its own semiconductor industry.

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