TAIPEI/NEW YORK -- At least three leading figures linked with China's effort to develop a domestic chip industry including the country's minister of industry and information technology have been placed under investigation, Chinese government announcements and local media reports show.
Xiao Yaqing, the industry minister, is suspected of violating discipline and laws and has been put under regulatory probe, China's Central Commission for Discipline Inspection (CCDI) said Thursday. No further details were disclosed. The Ministry of Industry and Information Technology is a major agency behind China's push for a self-reliant chip industry.
