Semiconductor and AI Companies Dominate VC Deals in China
Thursday, 4 July 2024, 12:00
Semiconductor and AI Companies Lead VC Deals
In a study by Preqin, it was found that Chinese firms dominated the global venture capital investments in the semiconductor sector in the previous year.
Government Support as Key Factor
The significant government push and initiatives in technology development have played a crucial role in boosting investments in the sector.
- Chinese Influence Grows: The high percentage of investments from China highlights the country's increasing role in the global tech industry.
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