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China's Big Fund invests heavily in semiconductors as nation speeds up efforts to make breakthroughs

Chinaโ€™s second phase of the National Integrated Circuit Industry Investment Fund Co, also known as โ€œBig Fund II,โ€ has recently invested heavily in semiconductor design, equipment, manufacturing and key links. Chinese observers said that the move is set to strengthen Chinaโ€™s semiconductor industry chain to achieve greater self-reliance and break containment and suppression by the US at an early date.
China Big Fund Big Fund

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TOKYO -- Japanese printing and materials group Toppan Holdings has bought a factory that once made displays for iPhones and will retool it to supply p
Toppan Holdings Japan S
Source: nikkei.com

Samsung tightens employee discipline amid chip industry downturn

Samsung Electronics is working on preventing lax discipline among employees of its device solutions (DS) division in charge of semiconductor production, after the division suffered its worst-ever loss this year amid the chip industrys downturn, according to industry officials, Tuesday.
Soult Ukpyolsi South Korea Samsung Electronics Samsung Electronic Oga Jaktong Joseon Dynasty

Cars, batteries, instant noodles drive Korea's exports in 2023

Korean exports are sustaining surpluses on the back of strong performances in the automobile, batteries and instant noodles industries, despite high interest rates, geopolitical conflicts and other unfavorable global economic conditions, according to the Ministry of Energy, Industry and Trade, Tuesday.
South Korea Soult Ukpyolsi United States Republic Of Korea Yoon Suk Yeol National Trade Day

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