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China's Big Fund
China is investing huge sums through the so-called Big Fund in a bid to raise the country's self-sufficiency for ICs to 40% in 2020, and 70% in 2025.
IN THE NEWS
Friday 22 April 2022
China SiC substrate supplier to raise funds through IPO
TankeBlue Semiconductor, a Beijing-based silicon carbide (SiC) substrate supplier, plans to raise funds through an IPO to enhance its working capital for technology R&D and production...
Thursday 7 April 2022
China analog foundry startup gains support from Big Fund
Hangzhou Fullsemi Semiconductor, an IDM foundry specializing in analog chips, has raised an undisclosed sum of investment from China's National Semiconductor Industry Investment Fund...
Monday 21 March 2022
Silicon wafer suppliers continue to see orders from foundries despite end-market slowdown concerns
Silicon wafer companies and other upstream chipmaking material providers continue to see their production capacities fully utilized by the still strong pull-in of orders from foundries,...
Monday 14 March 2022
Silicon wafer firm NSIG raises CNY5 billion
China's National Silicon Industry Group (NSIG) announced recently that it has raised an additional CNY5 billion (US$787 million) in paid-in capital through private placement, with...
Tuesday 28 December 2021
China material maker Sinyang teams up with Heraeus to develop photoresists
China-based Sinyang Semiconductor Materials has signed a three-year cooperation pact with Germany's chemical materials vendor Heraeus to jointly develop photoresist for use in producing...
Tuesday 14 December 2021
China memory startup gains support from Big Fund
China's National Semiconductor Industry Investment Fund (aka the Big Fund) has made about CNY99.5 million (US$15.64 million) worth of investment in Dosilicon, which specializes in...
Friday 22 October 2021
China Big Fund continues financing homegrown semi equipment suppliers
China's National Semiconductor Industry Investment Fund (aka the Big Fund) continues to pour money into China's domestic fab toolmakers, looking to rev up the development of China's...
Monday 13 September 2021
China Big Fund stepping up investment in homegrown memory sector
More China-based memory makers will receive cash injections from the government, as China's National IC Industry Investment Fund (Big Fund) steps up its investment in the country's...
Thursday 24 December 2020
Longsys preps for IPO
Memory module firm Longsys Electronics has filed an application for its A-shares IPO and expects to trade on the Shenzhen Stock Exchange (SZSE).
Wednesday 28 October 2020
China CIS startup gets investments from Big Fund, Xiaomi, Huawei
China-based CMOS image sensor (CIS) developer SmartSens Technology has just raised CNY1.5 billion (US$225 million) in a funding round led by the country's second-phase National IC...
Wednesday 29 July 2020
China 14th 5-year plan to see IC foundry capacity expand 40%, says Digitimes Research
China's upcoming 14th five-year plan (2021-2025) will continue to highlight technology and capacity upgrades as the core of its semiconductor self-sufficiency strategy, with foundry...
Friday 5 June 2020
Chinese IC firms listed on SSE tech board may become new targets for US sanctions
Many China's major semiconductor firms are rushing to raise funds from the Sci-Tech Innovation Board of the Shanghai Stock Exchange (SSE) to support their development of advanced...
Tuesday 5 May 2020
Yangtze Memory to ramp 128-layer NAND flash output in 2020
China-based Yangtze Memory Technologies (YMTC) will be striving to kick off volume production of 128-layer 3D NAND flash chips later this year, racing to catch up with its bigger...
Monday 4 May 2020
Unisoc gets capital injection from Big Fund
China's second-phase national IC industry investment fund (Big Fund) has committed CNY4.5 billion (US$637.16 million) to Unisoc Communications to support the Tsinghua Unigroup's chipmaking...
Friday 24 April 2020
China pushing for homegrown silicon wafer sector
China has stepped up the development of its homegrown silicon wafer sector as part of the country's ambitions to achieve self-sufficiency in chips. The National Silicon Industry Group...