China semiconductor: Beijing to waive taxes on imported materials, parts until 2030 in a boost to self-reliance drive

Source: South China Morning PostChina has decided to waive levies on imported semiconductor parts and materials until 2030, doubling down on its efforts to turbocharge integrated circuit (IC) industry development amid an ongoing self-reliance drive.Chipmaking plants that produce logic and memory semiconductors with the process node of 65-nanometre or less will be exempt from import taxes on raw materials and equipment parts, if they cannot be produced domestically or meet performance criteria, until 2030, China’s Ministry of…Read More

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