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Chinese firms to set up quantum chip R&D lab to catch up with global leaders


SOURCE / ECONOMY
Move aims to catch up with global leaders, faces long way ahead: insiders
By Chi Jingyi Published: Apr 11, 2021 08:43 PM
A photo of the Jiuzhang light-based quantum computer prototype Photo: courtesy of University of Science and Technology of China 
Two Chinese semiconductor companies have agreed to jointly set up a laboratory for quantum chips to develop low-temperature integrated circuit technology, aiming to build a complete production chain for the crucial high-tech component of the future that is currently dominated by foreign industry leaders, a source at one of the companies confirmed to the Global Times on Sunday.
Industry insiders said that mass production of such chips can t be realized within a short time or make China self-sufficient in the traditional semiconductor field, but it is critical to start research and development (R&D) to avoid overreliance on foreign supplies again in the future. ....

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China's economy, industry to benefit from corporate tax cut, especially of SMEs: analysts


SOURCE / ECONOMY
By Chi Jingyi Published: Apr 09, 2021 09:23 PM
Staff members of tax service help a financial staff of a company (R) to print out a list of her company s tax cuts and fee reductions in Fuzhou, capital of southeast China s Fujian Province, Aug. 21, 2019. An online service of clearly listing the cut of taxes and fees has been promoted in the whole province of Fujian after sucessfully piloted in the city of Fuzhou.Photo:Xinhua
While some enterprises said that they have reduced costs from China s tax and fee reduction policies and survived last year amid COVID-19, some small and medium-sized enterprises (SMEs) find it difficult to benefit from preferential policies. ....

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Huawei loses market share amid chip squeeze


SOURCE / COMPANIES
Analysts divided over R&D speed, funding for proprietary technology
By Chi Jingyi Published: Feb 07, 2021 09:23 PM
Huawei Photo: VCGHuawei s mobile phone market share fell to third place in China for the first time in January, according to an industry analysis. Analysts said the decline should be attributed to a lack of chips, but they disagree on how long it will take Huawei to develop and manufacture its own chips.
Market research firm BCI announced figures for the domestic mobile phone market in January on Sunday, which showed that Oppo accounted for more than 20 percent of China s mobile phone market, ranking first for five consecutive weeks. Vivo was a close second with 19.9 percent, while Huawei ranked third, followed by Xiaomi and Apple. ....

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Chipmakers reallocate wafer capacity to ease global chip shortage for vehicles


Chipmakers reallocate wafer capacity to ease global chip shortage for vehicles
Zhang Dan Published: Jan 28, 2021 09:23 PM
More than 4,000 vehicles produced by Chinese automakers wait to be loaded on a ship in Lianyungang, East China s Jiangsu Province over the weekend. The cars will be exported to countries including the UK and Belgium. Photo: cnsphoto
Chip producers in China are churning out wafers to support carmakers around the world while a global shortage of vehicle chips persists, leaving some automakers around the world with no choice but to shut down assembly lines. 
The world s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co (TSMC), said that it is expediting critical automotive products.  ....

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Pinduoduo worker deaths reignite debate on 996 and the dark side of China tech


Pinduoduo confirmed the deaths of two young workers recently, sparking debate over a culture of overworking in China’s tech companies. A ‘996’ work schedule of 12 hours a day, six days a week has become an unwritten standard for many of the country’s tech firms.
The dark side of working for China’s booming technology industry is under the spotlight again amid public criticism of social commerce giant Pinduoduo in the wake of two employee deaths, with many fearing the infamous 996 culture has become worse and not better due to pressure from the pandemic.
Pinduoduo, a rapidly expanding online sales firm, first found itself at the centre of a storm following the death of a 22-year-old woman surnamed Zhang, who was working at one of its new business units in Urumqi, on Dec 29 last year. Pinduoduo released a statement on Zhang’s death on Jan 4 and the same week, it said another young worker, surnamed Tan, jumped to his death in his hometown of Changsha. ....

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