What you need to know
- China has been making moves to bolster its domestic semiconductor industry so as to avoid obstacles such as U.S. sanctions.
- To accomplish its mission, China has been steadily building domestic mirror companies that, as that name implies, mirror functions of foreign rivals' businesses.
- At the same time, the country is also keen on enlisting companies such as Intel and AMD to forward its initiatives.
China has been aggressively pursuing domestic semiconductor efforts over the past few years in an effort to minimize technological exposure and dependency on foreign rivals. But, as independent as it's striving to be, it still wants a little foreign help, according to a new report.
As detailed by Nikkei Asia, China is set to launch its "cross-border semiconductor work committee" platform in the first half of 2022. It will exist to foster collaboration between companies inside and outside of China. Two foreign companies being pursued as part of that initiative are AMD and Intel.
Based on the report, the end goal of the committee and its collaborations is ultimately to "acquire advanced semiconductor technologies" from rivals such as the U.S., Europe, and Japan. As a result, it's unlikely foreign governments are going to take kindly to China's efforts, however lucrative they may be for the companies involved.
Here is a valuable factoid from the report: "China generated 26% of Intel's sales in 2020." Take that figure and contrast it with Intel's remarks about the need to end dependency on Asia, as well as Intel's negative comments toward Taiwan with regards to the China factor. Also take into account Intel's recent apology to China and the response said remarks drew from Marco Rubio.
Though China is keen on overall self-sufficiency, this report indicates its mingling with U.S. corporations isn't stopping anytime soon. And, on the flip side, though U.S. corporations often talk about domestic efforts as a priority, their actions can cloud such remarks.
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Robert Carnevale is the News Editor for Windows Central. He's a big fan of Kinect (it lives on in his heart), Sonic the Hedgehog, and the legendary intersection of those two titans, Sonic Free Riders. He is the author of Cold War 2395. Have a useful tip? Send it to firstname.lastname@example.org.
Careful with the misose of the word "factoid." Factoid, actually implies a lie, that is told as if it were true.
That is only one use of the word.
The oldest but not the most common. Thanks to CNN and BBC2, the most common use is:
"...a little-known bit of information; trivial but interesting data." "This new sense of a factoid as a trivial but interesting fact was popularized by the CNN Headline News TV channel, which, during the 1980s and 1990s, often included such a fact under the heading "factoid" during newscasts. BBC Radio 2 presenter Steve Wright uses factoids extensively on his show. " https://en.m.wikipedia.org/wiki/Factoid
Er, correct, if it now means a fake fact, well, that's news to me;
I've always used it as another way to say fact (but more bite-size).
Thanks, fellas. Always happy to be proven wrong, though lately, people seem to be "correcting" items they don't fully understand themselves. 😅
Well both Intel and AMD should be ready for IP loss, theft, bold face robbery if they participate in that shenanigan. Because that is all China is looking for. the IP
Wanting is not getting.
Intel in particular is aiming to feed at the trough of US government largesse, both federal and state, which exists because of China's threats to Taiwan and TSMC and the ongoing semiconductor shortage.
Anybody looking for "free money" understands they won't be allowed to serve both masters.
Xi's boys are three years too late.
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