According to "China Daily" reported that the world's largest semiconductor chip equipment suppliers applied materials CEO Gary dickson (Gary Dickerson) said that in the next few years investment of 4 billion yuan ($615 million) in the Chinese market expansion.

China is spending tens of billions of dollars to build a competitive chip industry, the purpose is to reduce the chip imports, to support domestic demand.

Semiconductor equipment giant should be material will invest 4 billion to expand the Chinese market

Applied materials CEO dickson

"China for high-tech industry to create an environment conducive to innovation, for the application materials and other companies in the semiconductor and display panel industry has created a huge opportunity," dickson said in an interview.

Applied materials is expected to last month, according to the demand growth in China, under the impetus of the company's profit and revenue this quarter will be higher than expected.