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China halts at least 60 IPO plans amid probe into underwriter, law firm

Driver IC shortage tipped to persist to end of 2021

Driver IC shortage tipped to persist to end of 2021
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Chinese firms to set up quantum chip R&D lab to catch up with global leaders

SOURCE / ECONOMY Move aims to catch up with global leaders, faces long way ahead: insiders By Chi Jingyi Published: Apr 11, 2021 08:43 PM A photo of the Jiuzhang light-based quantum computer prototype Photo: courtesy of University of Science and Technology of China  Two Chinese semiconductor companies have agreed to jointly set up a laboratory for quantum chips to develop low-temperature integrated circuit technology, aiming to build a complete production chain for the crucial high-tech component of the future that is currently dominated by foreign industry leaders, a source at one of the companies confirmed to the Global Times on Sunday. Industry insiders said that mass production of such chips can t be realized within a short time or make China self-sufficient in the traditional semiconductor field, but it is critical to start research and development (R&D) to avoid overreliance on foreign supplies again in the future.

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