China’s ‘Big Fund’ Phase II Aims at IC Self-Sufficiency | EE Times

China’s “Big Fund” is rolling out its second phase of funding through a just-incorporated company called the National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. (National Big Fund Phase II).

Compared to its Phase I that began five years ago, Big Fund Phase II is twice as big at 204.15 billion yuan ($28.9 billion), slightly exceeding market expectations. Phase II investment is anticipated to start as early as November this year.

Currently, the Chinese semiconductor industry is abuzz with speculation as to what the focus of the Phase II investment will be, and who among China’s chip players will benefit from the new phase of the Big Fund investment.

Source: China’s ‘Big Fund’ Phase II Aims at IC Self-Sufficiency | EE Times

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