China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said, in a major step towards self sufficiency in chips and to counter U.S. moves aimed at slowing its technological advances.
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Shanghai Micro Electronics Equipment Group Co Ltd (SMEE), China's only lithography company, can produce 90-nanometers chips, well behind that of the Netherlands' ASML, which is producing those as low as 3 nanometers.
Remember, it can take as long as two yrs for a new product to become commercially accepted, and each tech node qualifies as a new product. What it means is that for China's indigenous litho equipment to catch up from node 90, each successive node will have to be qualified as 'commercially accepted' even if there is no contracted customers.