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China invested US$290.8 billion in semiconductor projects between 2021-2022

Jun 27, 2023 Cellpex, United States, Ohio - admin

Chinese semiconductor industry research firm JW Consulting recently released a report covering 742 investment projects in 25 Chinese provinces and regions implemented 2021-2022, and showed that more than CNY2.1 trillion (US$290.8 billion) was allocated to semiconductor-related investment, in which one-third of the fund was for semiconductor equipment and materials.

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