Beijing to push subsidies for local firms’ purchase of China-made chips

scmp.com/tech/tech-trends/article/3260571/beijing-push-subsidies-local-firms-buy-china-made-chips-shore-citys-computing-infrastructure

In a draft policy document published on Wednesday, the Beijing Municipal Bureau of Economy and Information Technology said the city will provide an undisclosed amount of subsidies to help local firms buy graphics processing units (GPUs) made by domestic manufacturers to “expedite the supply of controllable intelligent computing resources”.
The amount of subsidy provided to…

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