The Chinese authorities are trying to accelerate the development of the national semiconductor industry by attracting foreign partners by establishing a “cross-border semiconductor work committee” in the 1st half of 2022.
This committee, managed by the Ministry of Commerce of the People’s Republic of China, will develop cooperation between Chinese companies and foreign technology giants such as Intel and AMD. It is reported by Nikkei.
The work will be coordinated by a laboratory from Tsinghua University. The committee will help foreign companies and research centers set up subsidiaries in China, providing links with local authorities and funding.
The interaction of the companies will be aimed at the development of software development centers, materials and production equipment. Thus, China wants to create an internal supply chain of chips protected from US sanctions.
Among the companies, the committee is to reach out to are US processor suppliers Intel and AMD, German chip maker Infineon, and Dutch semiconductor equipment supplier ASML. Nikkei sources said the companies are interested in the possibility.