China Boosts Chip Industry Subsidy
This is a China news story, published by South China Morning Post, that relates primarily to Huawei news.
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Chinese semiconductor industrySouth China Morning Post
•China pumps up state subsidies as chip war with US intensifies
81% Informative
China pumps up state subsidies for chip industry to counter US sanctions.
Subsidies granted to Huawei , SMIC , Naura Technology and other major chip players in China swelled in 2023 .
Beijing doubled down on efforts to boost technological self-sufficiency amid growing tensions with Washington .
VR Score
91
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98
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67
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