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China's National Integrated Circuit Industry Investment Fund, also known as the Big Fund, has reportedly made strategic adjustments to its portfolio by reducing shareholdings in certain Chinese IC companies.
The Chinese government’s signature semiconductor investment vehicle - the Big Fund - will participate in an investment matchmaking meeting in eastern China’s Jiangsu Province to update on its investment situation in 2023.
China injects $1.87 billion into top memory chipmaker
The Shanghai-based leading foundry Hua Hong Semiconductor announced on January 18 that it would establish a 12-inch wafer foundry with HHGrace, National IC Industry Fund II (Big Funds) and an investment company in Wuxi.
Darbond may be involved in anti-graft probe into the country’s largest state-owned chip fund
Ding Wenwu, president of China’s National Integrated Circuit Industry Investment Fund(国家集成电路产业投资基金股份有限公司), also known as the Big Fund, has been put under investigation and remains out of contact.