In a statement, the firm said it would invest the funds over the next few years in its plant in the city of Xi'an to acquire equipment and add a new factory at the facility.
  • Raphael@lemmy.worldEnglish
    63·
    1 year ago

    The Washington Post will not report this.

    RAND will not report this.

    NYT will not report this.

  • cykablyatbot@lemmy.fmhy.mlEnglish
    2·
    1 year ago

    This isn’t unusual. TSMC and Foxconn, both Taiwanese companies, are heavily invested in China as well.
    No one serious is implying or saying the US or the West should be completely economically uninvolved with China. Without trade there is much less reason or room for diplomacy. But no one is building cutting edge fabs there either.