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Why China needs US$47.5 billion for Big Fund Phase 3 when chip oversupply is already a concern?

Judy Lin, DIGITIMES Asia, Taipei Monday 3 June 2024 0

Credit: AFP

Announcing a US$47.5 billion funding for Phase 3 of the National IC Industry Investment Fund (the "Big Fund"), China's next move is under the eye of global chip players.

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