Beijing's device upgrade drive revives chip cycle hopes

Digitimes
By Levi LiAug 6, 2025, 2:54 am255 ptsTop
China's National Development and Reform Commission (NDRC) will release the fourth round of its consumer goods trade-in subsidy in October, allocating CNY68 billion (US$9.45 billion). This brings the total 2025 stimulus to CNY300 billion, completing the nationwide rollout of the year's trade-in initiative.

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