Chinese province sets up $1.5 billion chip fund to boost local semiconductor industry
Guangdong province in China has set up a new ¥11 billion ($1.5 billion) fund to boost its semiconductor industry, continuing China's regional chip fund trend. Shanghai started its chip fund back in 2016, and now has ¥28.5 billion ($4.02 billion) in it. These local efforts across China show how serious the country is about building a self-reliant chip industry — and they are all in...
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