China tech

China invests $47 billion in largest ever chip fund

China has poured more than $47 billion into the country's largest-ever chip investment fund, a business database showed on Monday, as Beijing seeks self-sufficiency in the crucial semiconductor manufacturing sector

May 27, 2024
May 27, 2024

China invests $47 billion in largest ever chip fund

China has poured more than $47 billion into the country's largest-ever chip investment fund, a business database showed on Monday, as Beijing seeks self-sufficiency in the crucial semiconductor manufacturing sector