Semiconductor and AI Companies Dominate VC Deals in China

Thursday, 4 July 2024, 12:00

In a recent study, it was revealed that China accounted for 90% of global venture capital investments in the semiconductor sector last year. This surge is backed by significant government support and initiatives to advance technology development. The dominance of Chinese firms in the chip sector underscores the growing influence of the country in the global tech landscape.
South China Morning Post
Semiconductor and AI Companies Dominate VC Deals in China

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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