China opened corruption probes in July 2022 into some top executives in its semiconductor industry, as it rethinks its gold rush approach to chip self-reliance
Wearing a laboratory coat, China's top leader, Xi Jinping, inspected a subsidiary of Yangtze Memory Technologies Company, a national semiconductor company based in Wuhan. Tweets: @brianmannadk , @liyuan6 , @yangxifan , @neysunm , @andreasharsono , @nytimes , and @pstasiatech Tweets: Brian Mann / @brianmannadk : Fascinating read. Headline says China. But the article lays out how globally integrated ALL our lives are. As military tensions rise, the semiconductor tech we all use daily relies on fragile linkage of US, the Netherlands, China, Taiwan and South Korea. https://www.nytimes.com/... Li Yuan / @liyuan6 : My latest on why the latest investigations in the semiconductor industry revealed the tension between Xi's inward and backward vision for tech self-reliance in China and the very nature of semiconductors. https://www.nytimes.com/... Xifan Yang / @yangxifan : How China's planned economy works: “In... 2020, more than 58,000 firms registered as chip-related enterprises. Some... used to be in fashion, construction... and changed their registration information only to gain access to easy money.” https://www.nytimes.com/... Neysun Mahboubi / @neysunm : Interesting, by @LiYuan6. My Q though: if the very nature of semi-conductors makes self-reliance an elusive goal, that's not just true (and frustrating) for China, but presumably would be for the US too, right? https://www.nytimes.com/... Andreas Harsono / @andreasharsono : After heavy national investment in semiconductors to break a dependence on global chips, Chinese leader Xi Jinping seems unhappy with the results https://www.nytimes.com/... https://twitter.com/... @nytimes : After China's heavy investment in semiconductors to break a dependence on global chips, corruption investigations in the industry “suggest that Mr. Xi may not be getting what he expected, or at least not quickly enough,” our columnist @LiYuan6 writes. https://www.nytimes.com/... Paul Triolo / @pstasiatech : Yes, governments can't plan for either self-reliance or global domination in high tech sectors, no matter how much money they throw at it. Amusing when Western commentators would never say this works for US or allies but think China can plan to dominance. https://www.nytimes.com/...