21 Apr '16, 6pm

GSA Forum: China lacks pre-requisite for semiconductor success

GSA Forum: China lacks pre-requisite for semiconductor success

"China is not encouraging freedom of thought and that's something you need if you want innovation," Wally Rhines, CEO of Mentor Graphics, told this week's GSA European Executive Forum in Munich. China has a $23 billion government fund being managed by private equity funds which are putting in another $97 billion, so there's $120 billion waiting to be invested, said Rhines. But other delegates to the Forum said that fabs are being built in China without products to fill them or process technology to run in them. Willy Wang, CEO of Jiangsu Changjiang Electronics Technology (JCET) said that the gap between China's usage of ICs and production is growing. Wang said that the difference between today's IC stimulus plan and the plan in 1990 is that the 1990 fund was only $1 billion and was managed by government officials and was not very successful while today's fund is $120 billi...

Full article: http://www.electronicsweekly.com/news/gsa-forum-china-lac...

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