Nanjing will build 20 billion US dollars integrated circuit industry investment fund

According to the micro-network news, Nanjing Daily reported that Nanjing will issue the “Implementation Plan for Building Integrated Circuit Industry Landmarks” to clarify the development goals of the integrated circuit industry.

By 2025, the city's integrated circuit industry's comprehensive sales revenue will strive to reach 150 billion yuan, entering the domestic first phalanx, in the 5G communications and RF chips, advanced wafer manufacturing, Internet of Things and automotive electronics and other high-end chip design and other subdivisions The province's first, the country's top three, internationally renowned.

Support the vertical integration and mergers and acquisitions of the integrated circuit industry, establish a total investment of 20 billion US dollars in the Nanjing IC industry investment fund, and increase the introduction and cultivation of high-end talents.

In addition to Nanjing's upcoming semiconductor industry fund, Shanghai has also launched an integrated circuit industry investment fund with a scale of 50 billion yuan. It is divided into 10 billion yuan of equipment materials fund, 10 billion yuan of design fund, and 30 billion yuan of manufacturing fund.

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.

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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