This is a China news story, published by South China Morning Post, that relates primarily to Shanghai Semiconductor Industry Investment Fund news.
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China Integrated Circuit Industry Investment FundSouth China Morning Post
•77% Informative
Shanghai Semiconductor Industry Investment Fund (SSIIF) raised 6.9 billion yuan ( US$963 million ) to expand its capital base to 14.5 billion yuan .
China has doled out substantial subsidies over the past few years to key players in the domestic semiconductor supply chain as part of Beijing ’s efforts to develop local alternatives to foreign products.
VR Score
86
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93
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25
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