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All of the semiconductor business in China that invested 3 trillion won in ‘catch up with Samsung’ failed – Chose Ilbo Mobile

News Snapshot:

WSJ analysis… 6 cutting-edge semiconductor projects including HSMC and QXIC The Wall Street Journal (WSJ) reported on the 9th (local time) that China has poured huge sums of money to create a cutting-edge semiconductor maker that can catch up with Samsung Electronics and Taiwan’s TSMC, but all have failed. The WSJ reported that at least six new large-scale semiconductor manufacturing projects in China had failed over the past three years, as a result of analyzing corporate announcements, reports from Chinese state media, and documents from local governments. The amount invested in these projects was at least 2.3 billion dollars (about…

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