News Chinese Govt Asks Contract Chipmakers to Prioritize Local Clients

[Admin]

China prioritizes chip production for local needs amid global IC undersupply.

Chinese Govt Asks Contract Chipmakers to Prioritize Local Clients : Read more

 

[jkflipflop98]

Reading between the lines here, the deal from the Chinese government appears to be "make the chips I tell you or I'll shut off the electricity to your factory".

Not a subtle negotiation point, but effective nonetheless.

 

[Endymio]

There's really no such thing as a "private company" in China. The PRC finds it beneficial to maintain a certain illusion of private ownership, but that's all it is.