technology
China Bets Big on Local Chip Tech with a New $1. 15 Billion Factory
July 5, 2026
China is making a bold move to keep up with the global chip race by pouring $1. 15 billion into a new chip-packaging plant in Shanghai. The facility, backed by a local semiconductor company, will focus on putting together and testing chips—a key step in making sure China can produce its own high-per
