The Economic Times
English EditionEnglish Editionहिन्दी
| E-Paper
Search
+
China’s chip sector has the money now. But where are the workers?
Getty Images

Manufacturing

China’s chip sector has the money now. But where are the workers?

The headquarters of Semiconductor Manufacturing International Corporation (SMIC)

Synopsis

A new group of companies flush with cash are in the midst of a massive tussle for a limited pool of talent. That, in turn, is thwarting Beijing’s plans to develop a homegrown chip industry to offset growing US antagonism towards the nation’s few world-class players in the sector, like Huawei.

By Mo YelinWhat do you get when you dump hundreds of billions of dollars in government and private investor cash into a limited labor market with the aim of building a world-class microchip sector from scratch? A paradise for workers, perhaps, but also a mess.That’s what’s shaping up in China, where a new group of companies flush with cash are in the midst of a fierce tussle for a limited pool of talent. That, in turn, is throwing a wrench into
Share This Article
  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • COMMENT

To Read the Full Story, Become an ET Prime Member

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Access the exclusive Economic Times stories, Editorial and Expert opinion

Why ?

  • Sharp Insight-rich, Indepth stories across 20+ sectors

  • Access the exclusive Economic Times stories, Editorial and Expert opinion

  • Clean experience with
    Minimal Ads
  • Comment & Engage with ET Prime community
  • Exclusive invites to Virtual Events with Industry Leaders
  • A trusted team of Journalists & Analysts who can best filter signal from noise
The Economic Times