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China plans to invest $143 billion in its semiconductor sector

China is reportedly working on a support package worth more than 1 trillion yuan (~$143 billion) for its semiconductor industry. The package, which is expected to be one of the country's largest fiscal incentive packages, will mainly consist of subsidies and tax credits to support semiconductor production and

Acquah Nana Yeboah profile image
by Acquah Nana Yeboah
China plans to invest $143 billion in its semiconductor sector
Photo by Christian Wiediger / Unsplash

China is reportedly working on a support package worth more than 1 trillion yuan (~$143 billion) for its semiconductor industry.

The package, which is expected to be one of the country's largest fiscal incentive packages, will mainly consist of subsidies and tax credits to support semiconductor production and research activities in the country.

Acquah Nana Yeboah profile image
by Acquah Nana Yeboah

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