As already indicated, the United States of America has decided through the DoC (US Department of Commerce) to officially add the minimum wage to its list of entities to which restrictions or sanctions will be applied. This blacklist already has many giant companies to its credit, such as Huawei, so Trump is once again protecting himself against China, but they counterattacked by releasing a series of less disturbing information.
More than 244,000 Chinese companies are working in the semiconductor industry
The motivations of the United States are always the same: the fear that technological products will arrive as high technology in the Chinese military when they come from the American country. Huawei was one of the first, and the minimum wage has just entered in full, but that won’t stop China as a country and a superpower.
Data collected by China’s Tianyancha data repository reveals that the industry has experienced incredible growth in mid-2020 and after the pandemic. And this is not surprising, since the 85% Chinese companies have to do with the transmission of information, software, technological services, scientific research, etc.
The data goes further and asserts that this industry has its assets concentrated in a 44.59% in Guangdong Province and out of the total, 22% have a registered capital of more than $ 1.5 millionIn other words, they are leading companies and in a way very large.
A quarter of all businesses are new
Most striking in the numbers is undoubtedly the fact that the study and the data reveal that a quarter of all businesses are new, which translates into 60,000 new businesses in the sector, a + 22% over one year in total 2020 and after the pandemic.
In addition, among all the companies that the industry hosts, more than 20,000 have their own patents, so the Chinese semiconductor industry has the capacity and the money to register and explore new avenues of development. creation of chips.
The next step is to follow the example of the SMIC, which in turn follows TSMC: to create high-performance foundries for chips that rival TSMC itself, Intel and Samsung, although the first few years will have to be content to outdo Global Foundries for the most part. soon. This all comes after HSMC went bankrupt and had to be taken over by the Chinese government.
It is hoped that China will also want to compete with companies such as ASML, designing its own scanners in the process and launching a conglomerate of companies that, along with the foundries that are about to be built, will realize the ecosystem that the Chinese government has planned.
We’ll see if this push ends in a good port, as no country is going to put their technology on a shelf to be copied or optimized, so they’ll have to deal with typical issues of immaturity before jumping into competition. How long will it take? There are already movements in this regard within the minimum wage itself, so that the Asian country should not take more than a decade to be, but close, very close to its main rivals.
