Source: Tech – South China Morning PostChina’s semiconductor industry expansion efforts may raise the risks of overcapacity and investment inefficiency, hurting the country’s goal to become self-sufficient in this hi-tech field, according to a report from credit rating agency Moody’s on Monday.“The government’s semiconductor industry investment plans could lead to fierce competition, resulting in overcapacity of certain types [of chips], starting with less sophisticated products,” the Moody’s report said. “Overcapacity is a…Read More