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China is quietly mandating that chipmakers use at least 50% domestically made equipment when expanding capacity, “as Beijing pushes to build a self-sufficient semiconductor supply chain,” according to Reuters. From the report: The rule is not publicly documented, but chipmakers seeking state approval to build or expand their plants have been told by authorities in recent months that they must prove through procurement tenders that at least half their equipment will be…
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China is quietly mandating that chipmakers use at least 50% domestically made equipment when expanding capacity, “as Beijing pushes to build a self-sufficient semiconductor supply chain,” according to Reuters. From the report: The rule is not publicly documented, but chipmakers seeking state approval to build or expand their plants have been told by authorities in recent months that they must prove through procurement tenders that at least half their equipment will be…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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