Nanjing will set up a 20 billion US dollar semiconductor investment fund

After the ZTE incident, the mainland is accelerating the semiconductor industry from the central to the local. Nanjing will also rely on the development of TSMC in the local area, and plans to issue the "IC 10" preferential policy, which will not only support the vertical integration and mergers and acquisitions of the semiconductor industry, but also Established up to 20 billion US dollars in the Nanjing Semiconductor Industry Investment Fund, the scale of which can be said to lead the mainland.

The Nanjing Daily reported that Nanjing will promulgate the “Implementation Plan for Building Integrated Circuit Industry Landmarks” to clarify the development goals of the semiconductor industry. It is estimated that by 2025, Nanjing’s semiconductor industry’s comprehensive sales revenue will strive to reach 150 billion yuan (the same below). Leading the whole of China. In addition, in the 5G communication and RF chip, advanced wafer manufacturing, Internet of Things and automotive electronics and other high-end chip design and other sub-sectors, to achieve the first in Jiangsu Province, the country's top three, internationally renowned and other goals.

In addition, Nanjing will also set up a semiconductor industry investment fund with a scale of 20 billion US dollars to support the development of related industries. As the TSMC 12-inch factory has settled in Nanjing Jiangbei New District, it has officially mass-produced and shipped in May this year. 3. It is estimated that TSMC will become the main force in the development of Nanjing's semiconductor industry chain.

In fact, since the mainland's communications equipment manufacturer ZTE was banned by the United States in April this year, the mainland has repeatedly accused the development of key core technologies to avoid core technology being kidnapped. Among them, semiconductors are the most important. .

Based on this, the central and local governments of the mainland have fully moved and actively invested in the development of the semiconductor industry. The National Integrated Circuit Industry Investment Fund (referred to as the Big Fund) initiated by the central government raised funds in the second phase. At the end of April this year, the amount of funds raised was close to 1,200. 100 million yuan. The fund is mainly used to support the mainland chip industry to help reduce dependence on imported chips.

Local investment is not to be outdone. In addition to Nanjing's upcoming semiconductor industry fund, Shanghai has also launched an integrated circuit industry investment fund of 50 billion yuan. It is divided into 10 billion yuan of equipment materials fund, 10 billion yuan of design fund, 300 100 million manufacturing funds.

Sina Finance reported that Shen Weiguo, chairman of the Shanghai IC Industry Investment Fund, said in June that the current contract value has exceeded 20 billion yuan. In the future, the fund will follow the development status of high-end chips at home and abroad, and accelerate the localization of high-end chips in Shanghai. process.

Xinhua News Agency issued a comment yesterday (15th). At the second meeting of the Central Committee of the Communist Party of China held on the 13th, the key core technology was the country's heavy weapon. Facing the new situation, the meeting stressed the need to accelerate the formation of a new mechanism to break through the core technology. Cultivate diversified innovation forces and accelerate the formation of key core technologies.

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