LINE

Text:AAAPrint
Business

China to seek breakthroughs in integrated circuit technology

1
2018-04-26 09:03:13Xinhua Gu Liping ECNS App Download

China will push for breakthroughs in core integrated circuit (IC) technology, an official with the Ministry of Industry and Information Technology (MIIT) said Wednesday.

"Despite remarkable progress, China's IC industry still faces a development gap in chip design, manufacturing and human resources", said Chen Yin, chief engineer and spokesperson of the MIIT at a press conference." To further boost the IC industry, China will stick to the path of innovative development, opening-up and cooperation, and strengthen industrial cooperation with international partners."

Chen also welcomed all enterprises to take part in China's IC development fund, as its second round of fundraising was currently underway.

China's IC industry production volume stood at 156.5 billion yuan (about 24.9 billion U.S. dollars) in 2017, while the market value of the industry reached 541.1 billion yuan, according to the MIIT.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.