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#News(General) [ via IoTForIndiaGroup ]
DELOITTE Global predicts that revenues for semiconductors manufactured in China will grow by 25 percent to approximately US$110 billion in 2019 from an estimated US$85 billion in 2018, to meet the increasing domestic demand for chipsets driven in part by the growing commercialization of artificial intelligence (AI). Deloitte Global further predicts that in 2019, a Chinese chip foundry will begin producing semiconductors specialized to support AI and machine learning (ML) tasks.
With strong coordination between the state and domestic manufacturers, China is wielding a great deal of capital and its massive market to advance its agenda. And while China has failed to expand its semiconductor industry in past decades, this time it may succeed. Its success might be further supported by the evolving relationship between computation and emerging technologies.Mining for bitcoin
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