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TSMC’s move to cut off Chinese chip firms weighs on annual Beijing semiconductor forum

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TSMC’s move to cut off Chinese chip firms weighs on annual Beijing semiconductor forum - SCMP

Quick Summary:

At the 21st China International Semiconductor Expo, industry experts weighed in on the challenges and opportunities ahead in domestic chipmaking.

He Weiwei, co-founder and general manager at BASiC Semiconductor, said during a panel at the Expo on Tuesday that the company has poured an extra 20 million yuan to 30 million yuan (US$2.8 million to US$4.1 million) into developing manufacturing facilities and materials in mainland China over fears that US sanctions could cut off supplies.“This is a huge burden for a start-up like us,” He said.“We used to buy US materials and have the chips manufactured in Taiwan, and then ship them back to mainland China for packaging.

Trump has vowed to increase tariffs on China-made goods by 60 per cent.

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Article Details

Author / Journalist: Che Pan

Category: Business

Markets:

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 09:00:10 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 301 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23710482

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