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Home / China cuts taxes to spur semiconductor development

China cuts taxes to spur semiconductor development

Posted on March 29, 2021March 29, 2021 by admin

China announced tax breaks Monday to spur growth of its semiconductor industry following U.S. sanctions that alarmed the ruling Communist Party by cutting off access to American processor chips for tech giant Huawei and some other companies.
Source: ctv business
China cuts taxes to spur semiconductor development

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