China’s Multi-Billion Dollar Investment Fuels Semiconductor Self-Sufficiency Drive
China’s pursuit of semiconductor self-sufficiency has received a massive boost with a nearly $2 billion investment in Changxin Xinqiao, a promising memory chip company. Orchestrated through China’s state-backed chip investment fund, known as the “Big Fund”, this strategic move represents 33.15% of the company’s total registered capital, highlighting China’s commitment to strengthening its semiconductor industry.…
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