Some additional news that we will discuss tomorrow. First, SMIC, China's largest semiconductor company announced that it received $3BN in funding from the City of Wuhan for building a new fab facility.
Second, the Semiconductor Industry grew 7.3% in Q1.
Complements of Kevin....
1 Comments:
I know that China is going to be one of the big semi manufacturing sites pretty much soon.
But, at the end of the day, I think it will be India that will champion in this field at the end of the day.
They have the designing capabilities and the fabs that requres low labor cost to some extent will be built.
As those 2 important value chain will be executed in the same country, it will have strong competitiveness over other Asian counties.
Someday, Samsung might have their fabs and design center in India.
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