China's 'Big Fund III' Fuels Growth in Semiconductor Industry, Predict Analysts

Wednesday, 29 May 2024, 13:31

China's latest investment of US$47.5 billion through 'Big Fund III' is set to power the nation's semiconductor supply chain, with a focus on chip equipment and material suppliers as per analysts. This move is anticipated to provide a significant push to the domestic semiconductor sector and support technological advancements.
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China's 'Big Fund III' Fuels Growth in Semiconductor Industry, Predict Analysts

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.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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