Chinese semiconductor companies have raised an estimated $38B so far in 2020, up 100%+ from 2019, through public offerings, private placements, and asset sales
Liza Lin / Wall Street Journal : Tweets: @mattschrader_dc and @jchengwsj Tweets: Matt Schrader / @mattschrader_dc : As Jonathan points out in his thread, not dissimilar to pushes we've seen in other industries lower down the value chain, like PV cells and batteries. PRC gov't has demonstrated willingness to tolerate enormous amounts of waste to summon competitive ecosystems into being. https://twitter.com/... Jonathan Cheng / @jchengwsj : China is investing heavily in semiconductors and stepping up efforts to cultivate homegrown talent as it accelerates its quest for technological self-sufficiency amid a tech trade war with the U.S. @lizalinwsj @raffaelehuang @ByXiaoXiao @DanStrumpf https://www.wsj.com/... https://twitter.com/...