$5.4 Billion Investment Drives Memory Chip Growth as China Boosts Semiconductor Self-Sufficiency
China’s Changxin Xinqiao Memory Technologies Raises $5.4 Billion in Funding In a significant move highlighting China’s dedication to technological self-sufficiency, semiconductor start-up Changxin Xinqiao Memory Technologies, based in Hefei, successfully raised US$5.4 billion in its latest funding round. The funds were secured from government-backed investors, including the China Integrated Circuit Industry Investment Fund Phase II, underscoring […]