Chinese semiconductor firms have continued to attract high levels of investment so far this year, sealing billions of dollars in financing as Beijing looks to build up its industry to meet demand created by a global shortage and lessen its reliance on foreign products.
Caixin
China's chip investment moves ahead at full throttle
Some 164 firms received $6.19bn in combined funding during the first 5 months of 2021
A report said a large portion of the money that continues to flow into the sector is going to chip designers, especially in hot sectors like artificial intelligence, telecoms and optoelectronics. © Reuters
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