Chinese chipmaking. China reportedly plans to establish a $40 billion fund to support investments in domestic semiconductor manufacturing and research. It would be part of the government-backed China Integrated Circuit Industry Investment Fund, a major component of Beijing’s efforts to develop a self-sufficient semiconductor industry and reduce reliance on U.S. technology. The Chinese Ministry of […]
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Daily Memo: China to Boost Domestic Chipmaking, South Korea to Unfreeze Iranian Funds
Beijing aims to reduce its reliance on U.S. tech in the semiconductor industry.
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