GUANGZHOU -- Chinese chipmaking suppliers and state-backed funds plan to spend an estimated 50 billion yuan ($7.26 billion) to strengthen the domestic supply chain as the U.S. curbs tech exports.
Semiconductors
China pumps $7bn into upgrading chip supply chain
Government and industry work together amid U.S. tech export restrictions
Chipmaking investments by Chinese foundry SMIC are driving suppliers to spend as well. (Photo by Shunsuke Tabeta)
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