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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
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...
Friday 24 November 2017
China Big Fund planning second round of support for local IC sector
China's National Integrated Circuit Industry Investment Fund (known as the Big Fund) has raised an estimated CNY150-200 billion (US$22.8-30.4 billion) which will be spent for the...
Tuesday 27 June 2017
China Big Fund commits investment of CNY85 billion
China's National Semiconductor Industry Investment Fund (known as the Big Fund) has committed to invest CNY85 billion (US$12.4 billion) into the local IC industry, mainly the manufacturing...
Wednesday 29 March 2017
Tsinghua Unigroup to obtain more funds from government
Tsinghua Unigroup on March 28 announced it had signed a deal with the China Development Bank (CDB), under which the bank will provide Tsinghua Unigroup with CNY100 billion (US$14.5...
Tuesday 23 August 2016
Digitimes Research: China IC self-sufficiency rate to reach 40% by 2020
China is set to improve the self-sufficiency rate for ICs in the nation to 40% in 2020, and could even exceed the target ratio, according to Digitimes Research.
Monday 8 August 2016
China firms set up alliance to integrate development of semiconductor industry
A total of 27 semiconductor companies and related organizations in China have formed a High-End Chip Alliance (HECA) aimed at vertically integrating the development of China's semiconductor...
Monday 14 December 2015
Should Taiwan open its IC design industry to China capital?
Taiwan has come to a turning point as whether it should open its IC design industry to China investment. The issue arises now as China-based Tsinghua Unigroup wants to buy a 25% stake...
Monday 14 December 2015
Tsinghua Unigroup looking to buy stakes in SPIL and ChipMOS
China's state-controlled Tsinghua Unigroup plans to spend a total of about US$2 billion to acquire stakes in ChipMOS Technologies Taiwan and Siliconware Precision Industries (SPIL)...
Friday 27 November 2015
Tsinghua Unigroup seeking investment in SK Hynix, says report
According to China's ITHome.com, state-backed tech conglomerate Tsinghua Unigroup intends to buy a stake in South Korea-based SK Hynix for around CNY30 billion (US$4.7 bil...