Chip Production
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TECH NEWS
China Launches $40B Investment Fund for Semiconductor Industry
China launches $40 billion semiconductor investment fund. China is gearing up to unleash a groundbreaking initiative by launching a new state-backed investment fund with a lofty goal – to raise approximately $40 billion dedicated to propelling its semiconductor industry to new heights. This ambitious endeavor is part of the larger China Integrated Circuit Industry Investment Fund, commonly known as the…
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TECH NEWS
The EU’s Semiconductor Chip Production Deal
The EU’s Semiconductor Chip Production Deal The European Union has taken a major step towards boosting its semiconductor chip production capabilities by signing a deal with semiconductor manufacturers. The deal is aimed at addressing the current shortage of chips that has been caused by the Covid-19 pandemic, which has disrupted global supply chains. The global semiconductor industry has been facing…
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