News China semiconductor patent applications skyrocket amid US export restrictions — country sees a 42% increase in patent filings

[Admin]

Despite the declining chip companies, the number of semiconductor-related patents skyrockets in China.

China semiconductor patent applications skyrocket amid US export restrictions — country sees a 42% increase in patent filings : Read more

 

[mac_angel]

I wouldn't be surprised if China beats Western Civilizations to photonic transistors.
In the scale of being able to replace CPUs, GPUs, Ai, etc.

 

[The Historical Fidelity]

This is a phenomenon as old as time. Government issues grant money, anyone with a hair brain idea starts a company and takes the money, most of the companies close, either because the idea was a dead end or because the entire goal was to pocket the money.

 

[pug_s]

This is a phenomenon as old as time. Government issues grant money, anyone with a hair brain idea starts a company and takes the money, most of the companies close, either because the idea was a dead end or because the entire goal was to pocket the money.

This is almost the same as what Venture capitalists are doing. Pocketing the money is probably going to happen but I doubt that will happen in a large scale. Most of the money goes to R&D otherwise thus the reason China cranking out those patent applications. I would imagine that at least 90% of the companies would go under because they couldn't produce a viable product but that less than 10% of the R&D would produce a viable product which is what the government's plan all along.

 

[The Historical Fidelity]

This is almost the same as what Venture capitalists are doing. Pocketing the money is probably going to happen but I doubt that will happen in a large scale. Most of the money goes to R&D otherwise thus the reason China cranking out those patent applications. I would imagine that at least 90% of the companies would go under because they couldn't produce a viable product but that less than 10% of the R&D would produce a viable product which is what the government's plan all along.

Yes, I agree, you basically just reiterated my comment. But the difference between government grants and venture capital is that the government is accountable to all the tax payers to not waste their hard earned money, whereas venture capitalists can do whatever they want with their own money.

And I’m not digging on just China, remember Obama giving close to a trillion dollars of grant money to renewable energy startups? Same thing happened, 90% of the money resulted in nothing to show for it.

 

[flashflood101]

This won't help them in the face of a collapsing economy, stagnating population, and ever-more restricted access to first world markets in which to sell their technology products.
They won't have the resources to bootstrap themselves for much longer.
Their opportunity to eclipse the West has likely already passed.
Peter Zeihan offers insights into the inevitable fall of China as a world power.