Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 12 August 2010 13:25

China's largest chip maker gets government dough

Written by Nick Farell
china-flag

Could count against them in the long run
China's largest chipmaker is being propped up by the government in a move which could get it into hot water with the International Trade Organisations.

Semiconductor Manufacturing International is set to receive millions allocated by China to fund its 11th five-year plan, which runs from 2006-2010. According to Reuters the money should  appear on the balance sheet of the third or fourth quarter," the source said, who declined to be named because the information was not yet public.

However, overt subsidises of the chip industry have caused some problems for Asian computer companies in the past. While it helps establish an industry, there are allegations that it makes it harder for non-subsidised countries to compete.

In the past the WTO has allowed countries to bring in taxes on some companies so that the prices were more or less the same.

Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments