|Title||Tencent Chairman Pledges to Advance China Chip Industry After ZTE "Wake-Up" Call|
|Date||Monday May 28 2018, @07:22PM|
|from the home-blown dept.|
Submitted via IRC for guy_
Tencent chairman pledges to advance China chip industry after ZTE 'wake-up' call: reports
While the U.S. administration said on Friday it had reached a deal to put ZTE back in business after the company pays a $1.3 billion fine and makes management changes, the plan has run into resistance in Congress, indicating ZTE was still far from out of the woods. Also, ZTE is yet to confirm the deal.
"The recent ZTE incident made everyone more clearly realize that however advanced one may be in mobile payment, without the mobile, the chips and the operating system, you still cannot compete," Chinese media reports cited Tecent's Pony Ma as saying at a forum in Shenzhen on Saturday.
[...] Tencent is looking into ways it could help advance China's domestic chip industry, which could include leveraging its huge data demand to urge domestic chip suppliers to come up with better solutions, or using its WeChat platform to support application developments based on Chinese chips, Ma said.
"It would probably be better if we could get in to support semiconductor R&D, but that is perhaps admittedly not our strong suit and may need the help of others in the supply chain."
printed from SoylentNews, Tencent Chairman Pledges to Advance China Chip Industry After ZTE "Wake-Up" Call on 2023-11-28 22:23:31