Breaking News
News & Analysis

China to Blow $10B a Year on Chips

3/25/2014 08:30 AM EDT
18 comments
NO RATINGS
2 saves
Page 1 / 3 Next >
More Related Links
View Comments: Newest First | Oldest First | Threaded View
<<   <   Page 2 / 2
wilber_xbox
User Rank
Manager
Re: $10B
wilber_xbox   3/25/2014 12:04:00 PM
NO RATINGS
Junko, i am also not convinced that China will be spending $10B per year for 5-10 years. Its just too much given the spending of others in Semiconductor, but if China is serious about spending whatever money to develop ecosystem for Semiconductor then its good for overall industry as you have rightly mentioned a quote in the article that semiconductor is base for all the electronic development.

krisi
User Rank
CEO
Re: $10B
krisi   3/25/2014 11:35:38 AM
NO RATINGS
Not really...Canada's oil industry or US military contracts are much larger than that...even Macao's casino gambling business is 3x that ;-)...I am sure major part of that $10B will end up in silicon

junko.yoshida
User Rank
Blogger
Re: $10B
junko.yoshida   3/25/2014 11:29:17 AM
NO RATINGS
Very true, Kris. But $10B per year? That's a lot of money to play with.

krisi
User Rank
CEO
Re: $10B
krisi   3/25/2014 11:15:23 AM
NO RATINGS
Corruption exists everywhere, including USA or Canada where I live...it just looks different on both sides of the Pacific ocean...Kris

junko.yoshida
User Rank
Blogger
Re: $10B
junko.yoshida   3/25/2014 11:09:52 AM
NO RATINGS
Well, Kris, as I noted in the story, whenever local governments and bureaucrats are involved, there are often corruption issues.

This is how it was explained to me -- in terms of how corruptions could occur.

 

You [local government officials or whoever in the position to distribute the money] do a favor to someone you know by enabling investment. In return, you feel you are entitled to pocket some money from the deal, because you enabled it! And if there more deals to be made, there will be more opportunities for you to profit from it.

Hopefully, this idea of "set up a fund and let professional investors place bets" would work. 

 

krisi
User Rank
CEO
Re: $10B
krisi   3/25/2014 11:00:15 AM
NO RATINGS
Why is transparency an issue Junko?

junko.yoshida
User Rank
Blogger
Re: $10B
junko.yoshida   3/25/2014 10:54:52 AM
NO RATINGS
I know, Kris. The bigger issue, though, is if they can pull that off effectively with transparency. That won't be easy.

krisi
User Rank
CEO
$10B
krisi   3/25/2014 10:51:25 AM
NO RATINGS
You got to be impressed with China long term thinking...

<<   <   Page 2 / 2
August Cartoon Caption Winner!
August Cartoon Caption Winner!
"All the King's horses and all the KIng's men gave up on Humpty, so they handed the problem off to Engineering."
5 comments
Top Comments of the Week
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Times on Twitter
EE Times Twitter Feed
Flash Poll
Radio
LATEST ARCHIVED BROADCAST
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.