China has painted itself into a semiconductor corner Architects of China’s formidable efforts could also be going through the music for having not produced world-beating know-how, Bloomberg News reported this week. Multiple corruption probes introduced by authorities stem from anger among the many nation’s prime leaders over an incapability to develop semiconductors that might substitute American parts, it reported. Two of essentially the most scrutinized areas are the $9 billion bailout of Tsinghua Unigroup Co., and the National Integrated Circuit Industry Investment Fund — often called the Big Fund. For all intents and functions, China has failed to realize its...