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In 2001, CCTC through research and development created new products for integrated circuits components. With the development of the Internet, CCTC also started producing ceramic components for optical communications. [2] In 2004, CCTC entered the new energy market and started developing materials for Solid oxide fuel cells. [2]
On October 14, 2016, Ningbo Semiconductor International Corporation was jointly established by China IC Capital (the wholly owned investment fund of SMIC), Ningbo Senson Electronics Technology Co., Ltd, and Beijing Integrated Circuit Design and Testing Fund with a registered capital of RMB355 million, equal to US$52.8 million.
China is currently the world's largest semiconductor market in terms of consumption. In 2020, China represented 53.7% of worldwide chip sales, or $239.45 billion out of $446.1 billion. However, a large percentage are imported from multinational suppliers. In 2020, imports took up over 83% ($199.7 billion) of total chip sales.
This is evidence for China's role as an assembly base that is dependent upon overseas components and parts, intermediary goods, and capital goods. [ 9 ] The number of electronic information industry-related companies in China jumped from 7,500 in 2001, to 17,600 in 2003 and 67,000 in 2005, with approximately 56,000 of these being manufacturing ...
China Electronics Technology Group Corporation (CETC; 中国电子科技集团公司; zhongguo dianzi keji jituan gongsi [5]) is a Chinese state-owned company established in 2002. Its fields include communications equipment, computers, electronic equipment, IT infrastructure, networks, software development, research services, investment and ...
It went by the name Semiconductor Manufacturing Electronics (Shaoxing) Corporation or SMEC. [2] [3] [4] On 10 May 2023, SMEC helds its initial public offering (IPO) by becoming a listed company on the Shanghai Stock Exchange STAR Market. The IPO raised 10 billion yuan (US$1.4 billion) making it one of the largest offerings in 2023. [2] [3] [4]
In September 2001, Beijing Electronics Holdings, a government SASAC entity initiated the establishment of Beijing Sevenstar Electronics (Sevenstar Electronics). [3] [4] On 16 March 2010, the company held its initial public offering on the ChiNext of Shenzhen Stock Exchange. It was the biggest gainer for mainland China stocks on that day where ...
China was a global scientific and technological leader up until the early years of the Ming dynasty.Ancient and medieval Chinese discoveries and Chinese innovations such as papermaking, printing, the compass, and gunpowder (the Four Great Inventions) contributed to the economic development of ancient and medieval East Asia, the Middle East and Europe.
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