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China Big Fund commits investment of CNY85 billion

Jean Chu, Shanghai; Jessie Shen, DIGITIMES Asia Tuesday 27 June 2017 0

China's National Semiconductor Industry Investment Fund (known as the Big Fund) has committed to invest CNY85 billion (US$12.4 billion) into the local IC industry, mainly the manufacturing sector, according to Ding Wenwu, president of the fund.

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