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Exec linked to China's chip self-sufficiency drive probed for graft

Gao Songtao served as vice president of state-backed fund Sino IC Capital

China has been ramping up efforts to develop its homegrown chip industry to reduce its reliance on U.S. technology.   © Reuters

A senior executive linked to China's state-backed semiconductor drive is being probed by the nation's top graft-buster for alleged corruption.

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