BBCNEWS Talking Business Asia June 4, 2024 15:50:00
Chip industry back by at least several years. even if you can find individual companies that might try to benefit. i think there's a common argument that you hear that, well, now facing these controls, the chinese government will really double down its support for the chip industry. i think that's actually unlikely, if only because the chinese government has been fully supporting its chip industry for much of the past decade. since 2014, chinese leaders have identified semiconductors as a major focus area for tens of billions of dollars a year in government support into the industry. so there'...