Chengdu’s subsidies for its semiconductor sector will cover major projects in chip manufacturing, packaging and testing, equipment and materials. Illustration: Shutterstock
Tech war: southwestern tech hub Chengdu offers US$72 million in subsidies to local semiconductor projects amid China’s chip self-sufficiency drive
- The subsidies form part of 12 new policies unveiled this week by Chengdu’s municipal government to support the city’s semiconductor sector
- It reflects a broader trend among local governments across China to pursue programmes in line with Beijing’s chip self-sufficiency drive
Chengdu’s subsidies for its semiconductor sector will cover major projects in chip manufacturing, packaging and testing, equipment and materials. Illustration: Shutterstock
