China's 'Big Fund III' Fuels Growth in Semiconductor Industry, Predict Analysts
Wednesday, 29 May 2024, 13:31
China's Big Fund III Investment Sparks Growth
A fresh outlay of US$47.5 billion has been allocated through China's 'Big Fund III,' signaling a major boost for the nation's semiconductor industry. Analysts predict this move will not only support domestic semiconductor manufacturers but also benefit chip equipment and material suppliers.
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