Transcripts for BBCNEWS Talking Business Asia 20240604 02:51

BBCNEWS Talking Business Asia June 4, 2024 02:51:00

that the government has thrown a lot of money into this sector, and they're also cognizant of that this is very capital intensive and the success rate is actually pretty low. if you look at the development of the chinese semiconductor industry in the past ten years, ymtc, which is a memory chip maker based in wuhan, is one of the very few success stories in china, so the government is very much aware of that. but i think the one thing that they're going to focus on is talent. because if you look at the export controls, one of the very damaging part is that it also bans us persons from supporting china's advanced chip—making. and if you look at the executive of china's semiconductor companies,

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