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NEWS TAGGED BIG FUND
Monday 20 November 2023
China Big Fund II invests in CGRA AI chip startup Tsing Micro
Phase II of the China Integrated Circuit Industry Investment Fund (CICF), or the so-called "Big Fund," has announced an investment of 5.88% shares in Tsing Micro, boosting the company's...
Wednesday 1 November 2023
Chinese DRAM maker reportedly secures investment from Big Fund
Following recent technological developments, ChangXin Memory Technologies (CXMT) has received substantial recognition from semiconductor analysis firm TechInsights. As a Chinese DRAM...
Tuesday 5 September 2023
China seeks $40 billion fund to drive chipmaking, Reuters says
China is seeking to raise a $40 billion fund to bankroll investments in domestic chipmaking and research, Reuters reported, citing unidentified people familiar with the matter.
Thursday 31 August 2023
Chinese IDM Silan draws additional investment from Big Fund
China's National Integrated Circuit Industry Investment Fund, also known as the Big Fund, has provided Silan Microelectronics, a Chinese IDM specializing in automotive chips and devices,...
Wednesday 26 July 2023
China's chips trade and production fall in 1H23, downturn pressure remains
In the first half of 2023, China's chips imports, exports and domestic production all declined from a year earlier, putting immense pressure on its semiconductor industry, particularly...
Tuesday 18 July 2023
SMIC chairman replacement implies Big Fund pulls the strings
China's Semiconductor Manufacturing International Corp. (SMIC) announced on July 17 that Liu Xunfeng, who was recommended by the National IC Industry Investment Fund (the "Big Fund"),...
Monday 17 July 2023
YMTC raises NAND prices in China defying market downturn, US trade curbs
Despite the ongoing downturn in the NAND flash market, Chinese maker Yangtze Memory Technologies (YMTC) has recently increased its 128-layer NAND prices by approximately 5%, following...
Friday 19 May 2023
Why are Huawei, SMIC taking different approaches against US curbs?
China's tech giant Huawei and top semiconductor foundry SMIC apparently adopt different approaches against US chip curbs. The former has just announced its successful development...
Thursday 23 March 2023
China's Big Fund reduces stakes in some semiconductor firms as it adjusts investment focus
The National Semiconductor Industry Investment Fund of China (commonly known as the Big Fund) has cut its shareholdings in some semiconductor firms, as it is adjusting its investment...
Wednesday 22 February 2023
Guangzhou establishes US$29 billion funds for semiconductor
China's Guangzhou city recently announced the establishment of two funds of funds (FoFs): the CNY150 billion (US$21.8 billion) Guangzhou industrial investment FoF and the CNY50 billion...
Thursday 9 February 2023
Hua Hong, China IC Fund to set up JV fab
A 12-inch wafer fab will be established as part of a joint venture that Hua Hong Semiconductor has signed with the state-backed China IC Fund II, also known as the Big Fund Phase...
Wednesday 6 July 2022
China foundries raise new funds to expand 12-inch fab capacity
Chinese foundry houses including Hua Hong Semiconductor and CanSemi Technology recently have successfully raised new funds to finance capacity expansions at their 12-inch wafer fabs,...
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,...