Shanghai raises $7.4bn IC promotion fund

Shanghai, has raised a $7.4 billion fund to back the IC industry, reports Digitimes.

By David Manners-Electronics Weekly, Aug. 01, 2017 – 

The intention is to help fabless companies make acquisitions and assist the equipment and materials industries.

Last year the Shanghai fund, called the Shanghai Integrated Circuit Industry Fund (SICIF) raised $3.5 billion with 10% of that coming from the China government's China Integrated Circuit Industry Fund.

Click here to read more ...


Partner with us

Visit our new Partnership Portal for more information.

Submit your material

Submit hot news, product or article.

List your Products

Suppliers, list and add your products for free.

© 2018 Design And Reuse

All Rights Reserved.

No portion of this site may be copied, retransmitted,
reposted, duplicated or otherwise used without the
express written permission of Design And Reuse.