US firms still dominate chip subsidies

A report from the Organization for Economic Co-operation and Development (OECD) has found that semiconductor firms based in the United States received more government support than those based in any other region. However, support for China's chip industry was larger relative to the revenue generated by Chinese semiconductor …

[IGotOut]

Tut tut tut

It's a subsidy when OTHERS do it. It's a tax break, strategic investment or "supply chain security" when you it yourself.

[PhilipN]

"espousing the market economy and democracy"

Quite so. Maybe the OECD should have regard to the fact that (1) China is a centrally-planned economy and (2) all resources belong to the state already so re-allocating from Sector A to Sector B is not a subsidy.

[Yet Another Anonymous coward]

Inconceivable

The USA wouldn't subsidise an industry because it's against the very tenants of capitalism laid down by the great Reagan in his economic work, Ronnie's Coin Coloring Book

China being a Marxist state control can't subsidise industry cos it owns the means of production, it would be like claiming the shareholders in Tesla subsidise Elon Musk

[Groo The Wanderer - A Canuck]

But of course the US government is all bent-out-of-shape and screaming about Chinese government support for their tech industries.

Pot, meet kettle...