"I also believe that this day will definitely come, and it is not far away, it will take less than twenty years. But the problem is that if we catch up again in twenty years, it will be too difficult, and there will be almost no room to catch up. Moreover,

You also know the importance of chips and the growth trend of China's imported chips. If I could support the development and security of Huaxia chips one day earlier, then we would be safer and have more autonomy.

"Fang Chen said with a smile.

Of course he believed what Dean Zhu said.

In the previous life, in 2014, China's semiconductor industry ushered in the dawn, and the higher-ups led the establishment of the Integrated Circuit Industry Investment Fund, referred to as the "Big Fund".

This large fund was established for investment and mergers and acquisitions in the semiconductor industry. It is envisaged to spend more than US$150 billion in the next 10 years to accelerate the development of integrated circuit design and manufacturing.

And when the big fund was first established, it raised 22 billion U.S. dollars. In addition to the Ministry of Finance, its shareholders include China Development Bank, China Tobacco, China Mobile, and other state-owned enterprises.

But the problem is, it's really too late.

In previous lives, both TSMC and Samsung have advanced their chip manufacturing processes to 5 nanometers, but the most advanced in China is still SMIC's 14 nanometers, which is three generations behind TSMC and Samsung.

And it is expected that when SMIC advances to 7 nanometers, TSMC should advance to 3 nanometers or even 2 nanometers, which will immediately touch the physical limit of silicon chips.

However, this is actually a small problem. The big problem is that when Chinese companies have needs, chip production technology cannot keep up, falling behind and holding them back.

The most typical examples are Huawei and ZTE, especially Huawei.

It took 10 or 20 years of hard work and tens of billions of investments in chips to develop a high-end mobile chip that is on par with Apple's A series and Qualcomm's Snapdragon series, and far surpasses MediaTek's Dimensity and Dimensity series.

Kirin chip for Samsung Orion.

But because Chinese chip manufacturing companies cannot produce, as soon as the United States imposes sanctions, Huawei's Kirin chips suddenly become obsolete and can only lie dormant again, waiting for the day when they can be reborn.

Tens of billions of investments were wasted, and the chip design company that was finally cultivated was unable to survive. The middle road collapsed. Fang Chen felt heartbroken just thinking about it.
Chapter completed!