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Chipmakers

China reduces taxes for chipmakers

China reduces taxes for chipmakers

April 4, 2018

The country has revealed that it has cut taxes for producers of semiconductors to help support this “pivotal industry”, as Bloomberg reports. This announcement comes “just as U.S. President Donald Trump weighs tariffs on the sector amid rising trade tensions.” In line with these new tax breaks, semiconductor companies “will be exempt from corporate income […]

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