China is keen on upping semiconductor activity with Intel and AMD, says report
Team Red, Team Blue, and China too.
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What you need to know
China has been aggressively pursuing domestic semiconductor efforts over the past few years in an effort to minimize technological exposure and dependency on foreign rivals. But, as independent as it’s striving to be, it still wants a little foreign help, according to a new report.
As detailed byNikkei Asia, China is set to launch its “cross-border semiconductor work committee” platform in the first half of 2022. It will exist to foster collaboration between companies inside and outside of China. Two foreign companies being pursued as part of that initiative are AMD and Intel.
Based on the report, the end goal of the committee and its collaborations is ultimately to “acquire advanced semiconductor technologies” fromrivals such as the U.S., Europe, and Japan. As a result, it’s unlikely foreign governments are going to take kindly to China’s efforts, however lucrative they may be for the companies involved.
Here is a valuable factoid from the report: “China generated 26% of Intel’s sales in 2020.” Take that figure and contrast it with Intel’s remarks about the need toend dependency on Asia, as well as Intel’snegative comments toward Taiwanwith regards to the China factor. Also take into account Intel’srecent apology to Chinaand the response said remarks drew from Marco Rubio.
Though China is keen on overall self-sufficiency, this report indicates its mingling with U.S. corporations isn’t stopping anytime soon. And, on the flip side, though U.S. corporations often talk about domestic efforts as a priority, their actions can cloud such remarks.
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Robert Carnevale is the News Editor for Windows Central. He’s a big fan of Kinect (it lives on in his heart), Sonic the Hedgehog, and the legendary intersection of those two titans, Sonic Free Riders. He is the author ofCold War 2395. Have a useful tip? Send it to robert.carnevale@futurenet.com.
