Tech war: Shenzhen recruits Japanese semiconductor heavyweight as China moves to challenge US, Korean dominance in memory chips

  • Sakamoto, a veteran of Japan’s semiconductor industry, was in charge of Elpida when it declared bankruptcy in 2012, and he later briefly worked for Tsinghua Unigroup
  • SwaySure Technology is fully owned by the Shenzhen Major Industry Investment Group, a state-owned fund, with registered capital of US$747 million

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