Architects' Tech Alliance

May 4, 2019 · Industry Insights

Why Did Huaxintong Shut Down? Lessons on Risk, Partnerships, and Failure in China’s Chip Boom

The closure of Guizhou’s Huaxintong highlights the high risk of semiconductor ventures, the need for companies and governments to admit failure, and why courage to cut losses and tolerate setbacks is essential for a sustainable chip industry in China.