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Betting All the Chips: China Seeks to Build a World-class Semiconductor Industry

November 29, 2018 By Matthew Fulco

For China’s technology sector, the decision of the United States to hit Shenzhen-based telecommunications giant ZTE with a trade ban in April was an abrupt and painful wake-up call. Until then, many in China had grown accustomed to thinking of their country as a global leader in technology. After all, China’s smartphones, high-speed railways and e-commerce platforms were the envy of the world. But in the days following the ban, designed to punish ZTE for violating US sanctions on Iran and North Korea, it became clear that one of China’s most successful companies was totally dependent on American suppliers.

Filed Under: All Articles, Chinese Economy, Digital Economy, Innovation, Know China, Policy and Law, Technology Tagged With: Indigenous Innovation, Semiconductor Industry, US-China Relations

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