State Council to Establish IC Industry Leading Group
On Nov. 29th, China's Semiconductor Industry Association (CSIA) posted two news reports on its website stating that China's State Council plans to establish a Semiconductor Industry Support Leading Team spearheaded by Vice Premier Ma Kai in preparation for the introduction of a semiconductor industry support program.
The reports also indicate that the new support program will focus support on the largest companies, abandoning the previous blanket approach to industry support, which has been seen as unsuccessful.
For more information, please refer to CSIA's news article 1 and article 2 for more information in Chinese.
