ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
36Kr/KrASIA

Semiconductor fraud in China highlights lack of accountability

Push for homegrown chipmakers leads to multimillion-dollar investment swindle

A desire by Beijing to development domestic chip companies has led to a series of reckless investments in poorly planned projects, many of which went bankrupt.   © Reuters

BEIJING -- The Chinese government has ambition to create a "national champion" in the semiconductor industry. With a clear target in place, local governments have been eager to support private enterprises that make chips -- even those with dubious credentials.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more