Tech war: China doubles down on semiconductor self-sufficiency drive with US$47.5 billion Big Fund III
The third phase of the China Integrated Circuit Industry Investment Fund, also known as the “Big Fund”, was established last Friday with a registered capital of 344 billion yuan (US$47.5 billion), according to information made available on Monday by Chinese corporate database service Qichacha. Big Fund III has 19 equity investors led by China’s Ministry … Read more
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