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Bits + chips
China Big Fund to spend over CNY200 billion in 2nd-phase support for local chipmakers
Shinee Wu, Taipei; Jessie Shen, DIGITIMES
China's National Integrated Circuit Industry Investment Fund (Big Fund) on October 22 set up a new fund of CNY204.15 billion (US$28.9 billion), marking the start of its second-phase support for domestic chipmakers, according to China company registration...
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The coronavirus outbreak has disrupted production and weakened consumer confidence, with all ICT sectors bracing for major declines in shipments. Digitimes Research has conducted analyses on three mobile device sectors, namely notebooks, smartphones and tablets in the wake of the outbreak.