Reply to post: Add in the corruption factor

One of China’s flagship 7nm foundries falls in a hole as funding flees

aki009

Add in the corruption factor

If the project was budgeted for $20B, and given China's typical corruption factor that sucks up to 50% of the allotted funds, this thing was only a $10-15B project to begin with. Also, this could be a play for funding from the central government, so the party can continue.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2022