News 10,000 Chinese Chip Developers Closed Shop in 2021–2022

[Admin]

Over 10,000 Chinese chip developers closed up shop during the past two years, as the investment bubble crash and global semiconductor downturn hit hard.

10,000 Chinese Chip Developers Closed Shop in 2021–2022 : Read more

 

[bit_user]

in 2020–2021 as many as 70,000 chip companies were registered

Just based on the sheer numbers, it's difficult to believe some of those weren't just setup to siphon off government funding and perhaps also private investment.

 

[wr3zzz]

It costs almost nothing to register a company in China. You could put semiconductor in the business license if you intend to sell thumb drives in a mall stall.

 

[Steve Nord_]

That CoV M&A hit different in China!? I mean, what's the story from competing IP brokers in India and GlobalFoundries?

 

[Chung Leong]

15% of firms failing over two years seems rather low, actually. I'm sure the figure is way higher in America. No government money to keep dud start-ups on life support.