The near-death experience of ZTE due to the 88-day ban imposed the U.S. Department of Commerce is a wake-up call for China's semiconductor industry, according to an article in the business journal Caixin.
The article the foreign joint venture model, Chinese investments/acquisitions of tech companies abroad, and government-supported initiatives to build a strong, domestic ecosystem for semiconductor design and fabrication.
https://www.caixinglobal.com/2018-07-29/the-wake-up-call-for-chinas-chip-industry-101309608.html
