China semiconductors: China Mobile and Apple supplier Luxshare jump on chip investment frenzy

Source: Tech – South China Morning PostChina’s semiconductor investment frenzy has received a fresh boost after the country’s largest mobile carrier and a key supplier to Apple jumped on the bandwagon by setting up their own chip units, according to corporate registry information.A wholly-owned subsidiary of China Mobile, the world‘s biggest mobile network operator by subscribers, has incorporated a company for chip design and manufacture in eastern Jiangsu province, with registered capital of 50 million yuan (US$7.7 million),…Read More

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