China to build global sourcing platform for semiconductors in Shenzhen

China will develop an international sourcing platform for semiconductors and other electronic components in Shenzhen – known as the country’s Silicon Valley and the richest city in southern Guangdong province – in a bid to advance the nation’s hi-tech self-sufficiency drive amid a race between Beijing and Washington to overcome the global chip shortage.The goal is to engage various companies involved in the semiconductor and electronics industries around the world, including manufacturers and…

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