China chip expo shows investment buildup amid plans for huge new fund

Beijing seeks to grow domestic supply chain free from U.S. restrictions

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State-owned Naura Technology Group is China's largest chip equipment maker. (Photo by Shunsuke Tabeta)

SHUNSUKE TABETA, Nikkei staff writer

SHANGHAI -- China is expanding semiconductor supply chain investments to sustain double-digit growth in homegrown chip production capacity, focusing on mature technology while eyeing a massive new national fund to support further advances.

At this week's Semicon China expo in Shanghai, state-owned Naura Technology Group, China's largest chip equipment maker, appears to tout in a video that there are machines in China that can handle the 7-nanometer production process that makes chips used in smartphones.

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