China to Invest in Chip Design Infrastructure

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Reads in EE Times that they have a $10 billion budget in 2015 to boost chip fab infrastructure. They said $10k of that is to be spent on licenses for EDA tools and $9 billion on research on reverse-engineering and cracking EDA tools.

Cool - they buy half the worlds chips and produce less than 10% of them. Who knew the market there was that big?

About 15 years ago, I heard that TI was set to do (that year) about $250 million worth of business in China and about $2 million in India. No surprises there - if there's one thing we can be proud of, it's chronic underachievement.