Let’s find out The Chinese semiconductor company went bankruptcy.

The semiconductor project, which announced a large investment in China, will eventually go bankrupt.

According to Chinese economic newspapers and Hong Kong newspapers, HSMC recently asked all 240 employees to leave the company.

HSMC was establish in 2017 with the aim of producing system semiconductors with state-of-the-art micro-processes. Designated as a large-scale project, this company had a huge investment.

In particular, it attracted attention from the semiconductor industry by recruiting the best technician of Taiwan’s TSMC. Which has grown to be the world’s No. 1 company.

However, as soon as the business start. The land was seize by creditors and all the key personnel were transfer to other companies.

The government took over the company and there was a possibility of recovery, but it was not able to recruit manpower and eventually liquidate the company.

China have semiconductor Problem.
People say that China is trying to solve its biggest weakness, its dependence on external semiconductors, but it is not easy to stand on its own feet.

China’s 5G mobile communication, cloud, artificial intelligence, autonomous driving, and unmanned aerial vehicles are outstanding in various fields, but the semiconductor sector is considered to be less skilled than other countries.

Although China received semiconductors from the U.S. but, it is difficult to procure parts due to conflicts with the U.S