Some domestic players in China’s semiconductor industry have wasted resources as the central government has splashed out billions in the industry to create national champions. Photo: Xinhua Some domestic players in China’s semiconductor industry have wasted resources as the central government has splashed out billions in the industry to create national champions. Photo: Xinhua
Some domestic players in China’s semiconductor industry have wasted resources as the central government has splashed out billions in the industry to create national champions. Photo: Xinhua

China to curb ‘chaos’ in semiconductor industry and hold bosses accountable for risky, loss-making projects

  • State planner admits that some companies have ‘blindly entered into projects’ involving computer chips, resulting in wasted resources
  • National Development and Reform Commission will coordinate with financial industry to improve assessment when it comes to funding semiconductor projects

Topic |   Semiconductors
Some domestic players in China’s semiconductor industry have wasted resources as the central government has splashed out billions in the industry to create national champions. Photo: Xinhua Some domestic players in China’s semiconductor industry have wasted resources as the central government has splashed out billions in the industry to create national champions. Photo: Xinhua
Some domestic players in China’s semiconductor industry have wasted resources as the central government has splashed out billions in the industry to create national champions. Photo: Xinhua
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