by Vinodkumar Jeeturi at December 05, 2014 at 11:31AM

For your knowledge/info. Building a homegrown chip industry is a national security priority for China. Chinese companies have spent nearly $5 billion on major semiconductor-related acquisitions over the past 18 months, most with government funding, according to Bloomberg data. "China doesn't want to be dependent on anyone," says Michelle Chen of JPMorgan Chase. "There's a strong desire to build their own intellectual property, increase product depth and breadth, and, if need be, acquire intellectual property and capabilities" http://ift.tt/1zYwVVC

by Vinodkumar Jeeturi



from Right to Recall Group http://ift.tt/1zYwVVC

via Bhavik Barai

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