China still relies on foreign technologies, especially imports of semiconductors, to ensure the integrity of its hi-tech supply chain. Photo: Bloomberg
China still relies on foreign technologies, especially imports of semiconductors, to ensure the integrity of its hi-tech supply chain. Photo: Bloomberg

China semiconductors: Beijing moves to prevent tax incentive abuse with new policy draft

  • The rule sets the ratio of revenue earned directly from semiconductor products at 80 per cent of annual revenue for companies in chip packaging and testing
  • Favourable policies, coupled with a growing appetite from private capital, has fuelled a boom in the number of semiconductor companies since last year

Topic |   Semiconductors
China still relies on foreign technologies, especially imports of semiconductors, to ensure the integrity of its hi-tech supply chain. Photo: Bloomberg
China still relies on foreign technologies, especially imports of semiconductors, to ensure the integrity of its hi-tech supply chain. Photo: Bloomberg
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