Edit: I recently released a new video on another Chinese semiconductor maker: [ Ссылка ]

China imports over $300 billion worth of semiconductors each year. The country is reliant on chip technology imports for its high technology products.

The government has made it clear that they want to be able to make cutting edge chips within a few years. And it appears that they are willing to spend almost whatever it takes in order to create this homegrown industry.

Such demands will always give rise to charlatans. In this video we look at one really big charlatan - Wuhan Hongxin Semiconductor Manufacturing, HSMC or just Hongxin.

Links:
- The Asianometry Newsletter: [ Ссылка ]
- The Asianometry Patreon: [ Ссылка ]

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