China gets its head into gear

"China is putting down roots for a domestic semiconductor and materials industry that could eventually go global, posing a potential threat to competitors and intellectual-property protections. No one thinks this will take place overnight, but many consider it inevitable. As part of China's wider strategy of self-reliance, building a semiconductor equipment and materials industry would allow Chinese companies to glean more benefit from the country's fast-growing semiconductor and electronics market."

[EETimes.com]