Bitcoin is as much manipulated as GME.
Bitcoin has 0 intrinsic value and is only pumped up by the whales who are telling the rest to buy so they can exit.
Chinese semiconductor industry
- Thread starter Hendrik_2000
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Bitcoin has 0 intrinsic value and is only pumped up by the whales who are telling the rest to buy so they can exit.
But blockchain itself is good technology, if China makes it so anyone can buy DigiYuan on wechat or via TikTok I would invest a good portion into it, not as speculation but to hedge against the eroding dollar... eventually most dispora in US will be forced to return back to motherland
A problem for TSMC aside from being a Chinese company Too successful you become a threat and needed to be taken care of.
16K views1 day ago
16K views1 day ago
Huawei and SMIC joined force. Does that mean SMIC will continue to manufacture for Huawei ?
Previously, before in the entity list, SMIC made public that it will abide US decision on Huawei since it uses US equipments.
Huawei is supplying Kirin 710a 14nm chip made by SMIC to car manufacturers.
Maybe there is more than meets the eyes than so called "standardization". Huawei, smic, Xiaomi, hisilicon are all in the entity list. Standardization usually refers to establishing commonn spec to certain products.
Hendrik_2000
Lieutenant General
From cntech post This is what China need a broad-based semiconductor industry that can support semi tool and equipment manufacturer. I have no doubt China will built domestic Semi supply chain now that the demand is there.
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Chinese appliance giant Midea has invested in the establishment of a semiconductor technology company, Meiken Semiconductor Technology Co.
The company was established on January 26 with a registered capital of RMB 20 million yuan ($3 million).
The company's business scope includes electronic component manufacturing, electronic component retailing, integrated circuit chip and product manufacturing, integrated circuit chip and product sales, semiconductor discrete device manufacturing, semiconductor discrete device sales, transformer, rectifier and inductor manufacturing, integrated circuit manufacturing, and advanced power electronic device sales.
In the last decade, the semiconductor industry has become an investment hotspot in China, with Tsinghua Unigroup topping the list of the decade with a single financing amount of RMB 150 billion.
In 2020, there were 458 investment and financing events in this industry, with a total amount of RMB 109.769 billion, ranking second in both the number and amount of investment and financing in the past decade. The highest financing amount was taken by SMIC, with a total of $19.85 billion.
In a globalized world, although China uses more than half of all chips, China's own semiconductor industry is still very weak.
The compensatory development of Chinese semiconductors to ensure the security of the supply chain is indeed an important factor in this wave of semiconductor start-ups. The security of the supply chain makes the development of China's chip industry a necessity.
The future trend of a digital society constructed by AI + 5G + IoT gives nascent Chinese chip companies the possibility of development and triggers a wave of investment in the semiconductor industry.
Chinese appliance giant Midea sets up semiconductor company
February 1, 2021 By:1
Chinese appliance giant Midea has invested in the establishment of a semiconductor technology company, Meiken Semiconductor Technology Co.
The company was established on January 26 with a registered capital of RMB 20 million yuan ($3 million).
The company's business scope includes electronic component manufacturing, electronic component retailing, integrated circuit chip and product manufacturing, integrated circuit chip and product sales, semiconductor discrete device manufacturing, semiconductor discrete device sales, transformer, rectifier and inductor manufacturing, integrated circuit manufacturing, and advanced power electronic device sales.
In the last decade, the semiconductor industry has become an investment hotspot in China, with Tsinghua Unigroup topping the list of the decade with a single financing amount of RMB 150 billion.
In 2020, there were 458 investment and financing events in this industry, with a total amount of RMB 109.769 billion, ranking second in both the number and amount of investment and financing in the past decade. The highest financing amount was taken by SMIC, with a total of $19.85 billion.
In a globalized world, although China uses more than half of all chips, China's own semiconductor industry is still very weak.
The compensatory development of Chinese semiconductors to ensure the security of the supply chain is indeed an important factor in this wave of semiconductor start-ups. The security of the supply chain makes the development of China's chip industry a necessity.
The future trend of a digital society constructed by AI + 5G + IoT gives nascent Chinese chip companies the possibility of development and triggers a wave of investment in the semiconductor industry.
Biden admin to pressure Taiwan and tsmc to supply auto chips for US car makers.
But tsmc and likes prioritize high ended margin chips for cellphone and less for low ended auto chips.
China opposes direct interaction between US government and Taiwan.
China chip independence effort could start with less challenging auto industry EV than cellphone.
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