China should have done this 5-8 years ago. It took the blocking of ZTE and Huawei in the US for China to realize that they don't have the fabrication capabilities for the chips that they need (the most advanced chips are all US/JP/KR/TW built.) And no one wants to sell China that fab capability- so China will have to build/use corporate espionage to make it themselves.
Even though it seemed expensive at the time, Masayoshi Son was smart to buy ARM.
Even though it seemed expensive at the time, Masayoshi Son was smart to buy ARM.