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China's Big Fund
China is investing huge sums through the so-called Big Fund in a bid to raise the country's self-sufficiency for ICs to 40% in 2020, and 70% in 2025.
IN THE NEWS
Thursday 24 December 2020
Longsys preps for IPO
Memory module firm Longsys Electronics has filed an application for its A-shares IPO and expects to trade on the Shenzhen Stock Exchange (SZSE).
Wednesday 28 October 2020
China CIS startup gets investments from Big Fund, Xiaomi, Huawei
China-based CMOS image sensor (CIS) developer SmartSens Technology has just raised CNY1.5 billion (US$225 million) in a funding round led by the country's second-phase National IC...
Wednesday 29 July 2020
China 14th 5-year plan to see IC foundry capacity expand 40%, says Digitimes Research
China's upcoming 14th five-year plan (2021-2025) will continue to highlight technology and capacity upgrades as the core of its semiconductor self-sufficiency strategy, with foundry...
Friday 5 June 2020
Chinese IC firms listed on SSE tech board may become new targets for US sanctions
Many China's major semiconductor firms are rushing to raise funds from the Sci-Tech Innovation Board of the Shanghai Stock Exchange (SSE) to support their development of advanced...
Tuesday 5 May 2020
Yangtze Memory to ramp 128-layer NAND flash output in 2020
China-based Yangtze Memory Technologies (YMTC) will be striving to kick off volume production of 128-layer 3D NAND flash chips later this year, racing to catch up with its bigger...
Monday 4 May 2020
Unisoc gets capital injection from Big Fund
China's second-phase national IC industry investment fund (Big Fund) has committed CNY4.5 billion (US$637.16 million) to Unisoc Communications to support the Tsinghua Unigroup's chipmaking...
Friday 24 April 2020
China pushing for homegrown silicon wafer sector
China has stepped up the development of its homegrown silicon wafer sector as part of the country's ambitions to achieve self-sufficiency in chips. The National Silicon Industry Group...
Wednesday 18 March 2020
China Big Fund in 2nd phase to fuel chip industry
China's National Integrated Circuit Industry Investment Fund (Big Fund) is about to kick off its second-phase capital support for the local chip industry, according to industry sou...
Tuesday 19 November 2019
China memory module firm Longsys gets support from Big Fund
To further nurture its own memory industry, China's second national IC industry investment fund, also known as Big Fund Phase II, has recently invested in Longsys Electronics, becoming...
Monday 28 October 2019
China Big Fund to spend over CNY200 billion in 2nd-phase support for local chipmakers
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...
Tuesday 3 September 2019
Yangtze Memory enters 64-layer 3D NAND chip production
China's Yangtze Memory Technologies (YMTC) has kicked off volume production of 64-layer 256Gb TLC 3D NAND chips, according to indsutry sources.
Monday 25 June 2018
China IC output value to surge 28.8% in 2018, says Digitimes Research
China's annual IC production value is estimated to surge 28.8% on year to US$27.59 billion in 2018, mainly bolstered by sustained domestic demand, capacity expansions, optimized product...
Friday 4 May 2018
SMIC participates in China government-led IC investment fund
China-based pure-play foundry Semiconductor Manufacturing International (SMIC) has teamed up with China's National Semiconductor Industry Investment Fund (aka the Big Fund), IPV Global...
Wednesday 21 March 2018
China Big Fund unlikely to invest in SAS
Rumors have claimed China's Big Fund is looking to invest in Taiwan-based Sino-American Silicon Products (SAS) in order to secure wafer supply, but sources close to the semiconductor...
Thursday 1 February 2018
SMIC obtains government fund for advanced node technology development
China-based pure-play foundry Semiconductor Manufacturing International (SMIC) has obtained financial support from the government to accelerate the development of its 14nm and more...