Source: South China Morning PostWhen Cao Shan promised he could build a chip plant to challenge China’s reigning chip champion, Shanghai-based Semiconductor Manufacturing International Corporation (SMIC), the Wuhan local government was quick to jump on board.
The promises of semiconductor glory were music to the ears of local authorities that had been trying to claim the high ground in China’s burgeoning semiconductor manufacturing industry. Their dream of claiming the number one spot, however, has over the past 12 months…Read More