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Chinese state-owned firms set up chip funds for long-term innovation
China Life is set to form a US$737 million yuan fund for semiconductor investment, as Beijing calls for longer-term investment.
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Chinese state-owned firms set up chip funds for long-term innovation
China Life is set to form a US$737 million yuan fund for semiconductor investment, as Beijing calls for longer-term investment.
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China Life sets up chip fund to support long-term innovation
The US$737 million yuan fund for semiconductor investment to support chip firms with ‘substantial technical know-how and resources’.