Monday, May 7, 2018

China closing in on massive new chip fund in bid to dominate US semiconductor industry – TechCrunch

China’s government has made technological independence from the United States one of its highest priorities. And now it appears to be putting its money where its messaging has been. According to The Wall Street Journal, China is close to finalizing a $47 billion investment fund that would finance semiconductor research and chip startup development. The fund, formally the China Integrated

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