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China s push for homegrown chipmakers leads to multimillion-dollar investment swindle: Report ANI | Updated: Feb 13, 2021 22:59 IST
Beijing [China], February 13 (ANI): China has the ambition to create a national champion in the semiconductor industry, however, this desire has led to a series of reckless investments in poorly planned projects, many of which went bankrupt within a couple of years after swiping multimillion-dollar investments from government organs, according to a report in Nikkei Asia.
The local governments in China have been eager to support private enterprises that make chips even those with dubious credentials, the report said.
Chinese National Development Reform Commission (NDRC) has also admitted the problem and has stepped in to work with other government departments and put in place tighter supervision over semiconductor projects, as Beijing continues its push to boost domestic chip development and manufacturing.
2020 Those who adopt a hold-out strategy in SEP FRAND licensing should face the prospect of a market red card
While many of the legal and policy currents have moved in patent owners direction this year, there is still work to be done to ensure that companies holding out on taking a licence are brought to the table, writes InterDigital licensing head Eeva Hakoranta.
The global pandemic has shown how critically important mobile connectivity is for our nations, societies, communities, companies and families. This technology, based on innovation contributed to open standards, has kept us connected though our virtual work environments despite the lockdowns and challenges for physical proximity.