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Sources: China is giving its most successful chipmakers, including SMIC, Huawei, and Hua Hong, easier subsidy access and more control over state-backed research (Qianer Liu/Financial Times)

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Qianer Liu / Financial Times:

Sources: China is giving its most successful chipmakers, including SMIC, Huawei, and Hua Hong, easier subsidy access and more control over state-backed research  —  Under US pressure, Beijing is changing strategy and relying on a select group of companies to shape its domestic sector





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