US-China tech war: US chip innovation is hurt by Beijing’s ‘mercantilist’ strategies, Washington think tank says

Source: South China Morning PostChina’s policy of using government incentives to boost its semiconductor industry has hurt innovation at companies in the US and other market-driven economies, according to a report from a Washington-based think tank released on Thursday.The assertion from the Information Technology and Innovation Foundation (ITIF), a non-profit organisation founded in 2006 by Robert Atkinson, comes as China continues to pour resources into its local semiconductor industry to reduce the country’s reliance on…Read More

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