One of China's best GPU prospects admits it's failing, lays off workers

Chinese GPU-maker Xiangdixian Computing Technology has admitted it has not met its development targets and let go of some staff as part of a restructuring plan. The chip shop on Sunday issued a statement in which it denied reports it had collapsed and closed its doors – but left the possibility of that outcome on the table. " …

[Nathar Leichoz]

What was the problem? Material costs? Labor costs? Knowledge? Material availability? Consumer demand? Too much competition?

[jeff_w87]

Being China

You know it's definitely not labor costs...

[Anonymous Coward]

Re: Being China

They likely cut so many corners that they ended up with just inexpensive crap.

[Fruit and Nutcase]

Re: Being China

If they round off those cut corners, then, would the inexpensive crap become expensive crap?

[b0llchit]

Re: Being China

Only if they change their logo to a fruity one.

[tmTM]

What was the problem?

Unable to steal enough designs and blueprints from NVidia to 'design' their own chips.

[Pascal Monett]

"producing allegations of corruption [..] but few examples of leading-edge silicon"

So, just like the housing market, then ?

Seems like it's just another Tuesday in China . . .

[Anonymous Coward]

Let’s dance around the false flag

I would say progress in China on the Holy Grail of NVIDIA level silicon production is feasible and likely. Don’t celebrate the woes of their AI sector chip development. That’s a mistake. By hook or by crook or by native determination they’ll bull through later, if not sooner.