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The state will focus on supporting the development of domestic integrated circuit enterprises

December 16, 2022
A few days ago, some media learned from a number of domestic integrated circuit companies that the government departments are planning to set up a fund with a scale of 100 billion yuan to support domestic integrated circuit enterprises. If the fund is successfully implemented, the total size of the fund will exceed the investment of the entire domestic integrated circuit industry in the past 10 years. Many people familiar with the plan said that the newly established fund will be market-oriented, composed of government departments and social funds, and will invest in domestic integrated circuit enterprises by means of equity investment to support local enterprises to become bigger and stronger. According to informed sources, in the 100 billion integrated circuit support funds, the government departments may contribute a portion of the funds, the rest absorb social funds, and form an investment in integrated circuit companies. In the specific mode of operation, the state may hand over to a professional investment team, select excellent companies to invest, and ultimately achieve exit.
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