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big fund

Tech war: China’s Big Fund III brings US$47.5 billion in fresh outlay for nation’s semiconductor supply chain, analysts say

by Anas Siddiqui
Tech war: China’s Big Fund III brings US.5 billion in fresh outlay for nation’s semiconductor supply chain, analysts say

China’s largest-ever chip investment fund is expected to bolster Beijing’s support for the nation’s leading contract semiconductor manufacturers and other enterprises in the value chain, including equipment and material suppliers, …

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Tech war: China doubles down on semiconductor self-sufficiency drive with US$47.5 billion Big Fund III

by Anas Siddiqui
Tech war: China doubles down on semiconductor self-sufficiency drive with US.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 …

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Chinese chip maker vows no mercy for former chairman sentenced to four years in prison for abuse of funds and bribery

by Anas Siddiqui
Chinese chip maker vows no mercy for former chairman sentenced to four years in prison for abuse of funds and bribery

Ningbo Semiconductor International Corporation, an affiliate of China’s top chip maker Semiconductor Manufacturing International Corporation (SMIC), said on Tuesday that it refuses to show mercy to two former executives, including …

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Tech war: Guangdong sets up new US$1.5 billion chip fund as China keeps financing gates open for semiconductor projects

by Anas Siddiqui
Tech war: Guangdong sets up new US.5 billion chip fund as China keeps financing gates open for semiconductor projects

The southern province of Guangdong has set up a new 11 billion yuan (US$1.5 billion) chip industry fund in a fresh sign that the country will continue to pump money …

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