A bird’s-eye view of the central business district of Suzhou, a city in eastern Jiangsu province that serves as a major Chinese manufacturing hub. Photo: Shutterstock
Chinese manufacturing hub Suzhou pushes expansion of local semiconductor sector in 2023 as US escalates chip tech restrictions
- Suzhou, home to more than 300 firms that are part of China’s chip supply chain, expects revenue from this sector to reach US$17.28 billion in 2023
- City is also looking to initiate two to three new ‘core technology research projects’ and add three listed firms to its local semiconductor ecosystem
A bird’s-eye view of the central business district of Suzhou, a city in eastern Jiangsu province that serves as a major Chinese manufacturing hub. Photo: Shutterstock