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Tech war: Beijing sets up US$1.2 billion semiconductor fund as China splurges on chips

Beijing set up the new chip fund under the state-owned Zhongguancun Development Group, joining a slew of chip investment funds across China.


  • Aug 30 2024
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Tech war: Beijing sets up US$1.2 billion semiconductor fund as China splurges on chips
Tech war: Beijing sets up US$1.2 billion semiconductor fund as China splurges on chips
Beijing set up the new chip fund under the state-owned Zhongguancun Development Group, joining a slew of chip investment funds across China.

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