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Funding cuts, layoffs, and reorganization common in China's competitive chip industry

Jay Liu, Taipei; Jessie Shen, DIGITIMES Asia Thursday 28 November 2024 0

Credit: DIGITIMES

In 2024, major Chinese semiconductor businesses continue to announce closures or severe layoffs, according to industry sources. Xiangdixian Computing Technology, commonly referred to as China's Nvidia, has opted to cease operations. Huaxia Smartchip,...

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