China launches semiconductor standards group seen as part of decoupling effort

China’s Ministry of Industry and Information Technology last week announced it would create a semiconductor standards committee composed of 90 Chinese companies, including Huawei, ZTE, SMIC and others, that analysts suggest is an attempt by Beijing to advance its goal of technological self-reliance. But whether the move to advance China’s technological prowess will be successful remains in doubt: Semiconductor industry analysts see the committee as a potential threat that could lead to low-end chip competition but not necessarily fuel the...