China Pouring Billions Into New Memory Chip Production menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Semiconductor start-up Changxin Xinqiao Memory Technologies has raised 39 billion yuan (US$5.4 billion) from government-backed investors, a sign Beijing is doubling down on its efforts to achieve technological self-sufficiency and counter US sanctions.
Chinese DRAM maker reportedly secures investment from Big Fund digitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitimes.com Daily Mail and Mail on Sunday newspapers.