News China pours more money into Big Fund III: $47.5 billion and counting

[Admin]

Third phase of China's Big Fund is getting more money as the country is seeking semiconductors independence.

China pours more money into Big Fund III: $47.5 billion and counting : Read more

 

[ThomasKinsley]

The funds are, in itself, inconsequential, but since China has the means to produce sophisticated hardware and software, they are on track to reaching self-sustainability within 10 years.

 

[gg83]

The funds are, in itself, inconsequential, but since China has the means to produce sophisticated hardware and software, they are on track to reaching self-sustainability within 10 years.

That would only happen if every other country stopped innovating now, and literally sat on their hands.

 

[ThomasKinsley]

That would only happen if every other country stopped innovating now, and literally sat on their hands.

Even if China is still behind in the latest innovations 10 years from now, they can still be fully self-sustaining in the tech sector and become quite the force in the global market. Even now China is prepping multiple foundries to release a deluge of chips. This effort should not be discounted because it gives China further leverage and time to work on perfecting the most advanced processes.