Slashdot Mirror
China To Spend $47 Billion In Bid To Become 3rd-Largest Global Chip Manufacturer (reuters.com)
An anonymous reader writes: In an interview with Reuters, the head of China's Tsinghua Unigroup has revealed they will invest 300 billion yuan ($47bn) over the next five years with the ambition of becoming the world's third largest chip-maker. The state-backed company, also the technological investment arm of Tsinghua University, is in talks with an unnamed U.S. company (most likely Micron) though Zhao discounts the possibility of buying a controlling share as politically insensitive.
Qualcomm doesn't manufacture chips though: they design them. They're a fabless semiconductor company.
SJW n. One who posts facts.
I think it's getting to be time for public companies to have an upper limit on the nature of compensation bonuses for top management. Stop it with the golden parachutes and define the rules where their stock options given as bonuses cannot be exercised until so many years have passed and then must be cashed-out when they have matured, such that management has incentive to do what it takes to leave the company healthy even as they exit it.
Do not look into laser with remaining eye.
China has infiltrated the networks of most major US companies, so in all likelihood all of the schematics and blueprints from Intel are available to them, and will continue to be for the foreseeable future. China is far and away the world leader in computer espionage, certainly in terms of the relentless volume of constant attacks and probably also in the sophistication of their best attacks. Some companies block all of China's IP space from accessing their networks because the daily attacks are relentless.
We can assume that any technology US or European companies have is in the hands of the Chinese government, or soon will be. Keep in mind too this electronics company is part of the Chinese government - the same organization that employs armies of hackers. So if not a question of if the government will provide this IP to the company- the government -is- the company and company is the government.