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Posted 9/5/2023, 11:56:00 AM

China is reportedly spending big to boost its production of chips for AI and smartphones after the US cracked down on exports

China is planning a $41 billion fund to boost its semiconductor industry in response to US restrictions on exporting chips to the country.

businessinsider.com

Relevant topic timeline:

8/23/2023

Huawei is building secret network for chips, trade group warns - Bloomberg News

Chinese tech giant Huawei is reportedly building secret semiconductor-fabrication facilities in China to evade U.S. sanctions, according to the Semiconductor Industry Association, which claims that Huawei has acquired existing plants and is constructing three others using state funding.

8/24/2023

Nvidia Sounds Fresh Warning About Damage From China Export Rules

Nvidia warns that stronger US restrictions on chip sales to China will harm American companies in the long term, while also acknowledging that stricter rules wouldn't have an immediate material impact on their finances.

8/26/2023

China’s AI push feels the heat from US ban on venture capital funding

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8/27/2023

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The emergence of the chip war in the semiconductor industry between the United States and China is causing disruptions to the global supply chain and creating uncertainties and price fluctuations in various industries reliant on chips. This development highlights the prioritization of competition over cooperation, with the raw materials for chip production becoming a tool to pursue geopolitical interests.

8/30/2023

US curbs AI chip exports from Nvidia to some Middle East countries

The U.S. has expanded export restrictions of Nvidia artificial-intelligence chips beyond China to other regions, including some countries in the Middle East, citing national security concerns.

8/29/2023

US companies are finding China increasingly 'uninvestible', commerce secretary Gina Raimondo says

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9/4/2023

China takes larger slices of EV, battery, other key markets: survey

Despite efforts by the U.S. and other countries to reduce reliance on Chinese supply chains, Chinese companies have successfully expanded their presence in key markets such as cutting-edge materials and electric vehicles, making it difficult for countries to ensure their economic security.

9/5/2023

Exclusive: China to launch new $40 bln state fund to boost chip industry, sources say

China is launching a new state-backed investment fund worth $40 billion to boost its semiconductor sector and catch up with the US and other rivals, with a focus on chip manufacturing equipment.

9/6/2023

China dodges western 5G chip embargo with new Huawei Mate 60 phone

China has defied US-led export restrictions by producing a 5G smartphone, Huawei's Mate 60 Pro, using an advanced silicon chip made by Semiconductor Manufacturing International Corp (SMIC), indicating progress in China's efforts to build a domestic chip ecosystem.

9/7/2023

China's top chipmaker may be in hot water as US lawmakers call for further sanctions after Huawei 'breakthrough'

The Biden administration's export ban is causing China's largest contract chipmaker, SMIC, to face restrictions on export sales, leading to concerns about the acceleration of the US-China tech war.

9/18/2023

China's R&D Spending Grows Over 10% in 2022 But Still Lags Targets for Basic Research

China's R&D expenditure increased by over 10% in 2022 to reach more than 3.08 trillion yuan ($421 billion), but concerns arise as the proportion of funding allocated to basic research remains low, hindering the nation's development goals.