News Snapshot:
China has a US$1.4 trillion state program to support R&D in key enabling technologies over the next five years to rid itself of dependency on the US. These include semiconductors, artificial intelligence (AI), robotics, 5G and 6G, data centers and cloud, supercomputing, quantum computing technologies, and low-earth orbit satellites, says GlobalData’s latest report, ‘ China Tech (2020) – Thematic Research ’, reveals that ban on the use of US semiconductor technologies has been detrimental to companies such as Huawei, which rely on these chips for their mobile handset offerings. China is now putting a multi-year counterstrategy in place to upgrade...
