China's semiconductor fund of about $40 billion for its semiconductor sector will help the country ramps up efforts to catch up with the US.
Big Fund
China’s corruption watchdog said it was investigating the head of the country’s largest state-backed chip investment fund, just over two weeks after it announced a similar probe into a former executive linked to the fund. Ding Wenwu, the head of China Integrated Circuit Industry Investment Fund, also known as the “Big Fund”, is “suspected of […]