Workers in the clean room of a semiconductor wafer fab in Shanghai, February 10, 2020. Photo: Xinhua Workers in the clean room of a semiconductor wafer fab in Shanghai, February 10, 2020. Photo: Xinhua
Workers in the clean room of a semiconductor wafer fab in Shanghai, February 10, 2020. Photo: Xinhua
Semiconductors

China unveils major tax incentive policy to encourage innovation in domestic semiconductor industry

  • For chip design, packaging, testing and relevant equipment, materials and software enterprises, the first two years of profits will be tax exempt
  • Shanghai’s STAR market has been the preferred venue for China’s chip makers, with SMIC raising 53 billion yuan (US$7.58 billion) in July

Topic |   Semiconductors
Workers in the clean room of a semiconductor wafer fab in Shanghai, February 10, 2020. Photo: Xinhua Workers in the clean room of a semiconductor wafer fab in Shanghai, February 10, 2020. Photo: Xinhua
Workers in the clean room of a semiconductor wafer fab in Shanghai, February 10, 2020. Photo: Xinhua
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