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  1. #1
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    Senior Crime Reporter
    Whitey Ford's Avatar
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    Sep 2017

    China establishes $29B fund to wean itself off of US semiconductors

    China establishes $29B fund to wean itself off of US semiconductors
    The fund will help finance Beijing's domestic semiconductor efforts

    Funfact: China tried to buy snapdragon a while back and Trump helped get the sale blocked. If China bought them, they would have had a practical monopoly on the mobile processor market. Seriously, that was some smart moves on Trump's part.

    Why it matters: China's semiconductor industry has largely depended on American technology, but China has long been working on technological self-reliance. In the wake of the US-China trade war, China seems to be heeding calls of urgency to wean itself off of US semiconductors and IP and accelerate its own semiconductor industry -- which some believe could hurt American interests in the long run.
    China has established a new state-backed semiconductor fund, with the intent of advancing its domestic semiconductor initiatives and reducing its reliance on US technology. The fund currently sits at 204 billion yuan ($28.9 billion) and is the second of its kind, with the first state-led fund taken place in 2014.
    The man of the future will be of mixed race. The Eurasian-Negroid race of the future, similar in its appearance to the Ancient Egyptians, will replace the diversity of peoples with a diversity of individuals. - Richard Nikolaus of Coudenhove-Kalergi (Father of the EU)

  2. #2
    Senior Technical Administrator
    MineEvolved's Avatar
    Join Date
    Mar 2017
    You mean they haven't stolen all of this yet? Amazing.
    A nigger is the only creature in all of God's creation that can commit heinous and violent crimes, and then have the gall to petition for laws meant to restrain society's response to that criminality. Even a terrorist understands that bad things will happen if they're caught.

  3. #3
    IT wont go anywhere. They still need the USA to do the innovating. All they do is copy.

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