China Tech Digest: TSMC Obtains US$3.5B Subsidy From Japanese Government; Hainan To Build International Financial Trading Market
Summary
Earlier this month, TSMC announced that it will jointly build its first chip factory in Japan with Sony. Accelerate the internationalization of global energy, shipping, property rights, equity and other trading venues, promote non-residents to participate in market transactions and fund settlements in accordance with regulations, improve the quality and efficiency of financial services. CICC: A new round of chip design innovation and domestic substitution will begin CICC believes that as the negative impact of COVID-19 epidemic on the global economy gradually weakens and new production capacity is gradually released, the short supply of semiconductors may be partially alleviated. In the medium and long term, the demand growth of semiconductor industry is shifting from consumer electronics represented by mobile phones to AIoT, EV, 5G communication, new energy, manufacturing and other fields. At present, Chinese companies have made rapid breakthroughs in upstream fields such as equipment, materials and EDA tools.