Gta Semiconductor News Today

Gta Semiconductor: The sum, which some Chinese media outlets have described as one of the largest domestic funding round this year, comes as China prepares to launch a new state-backed investment fund that aims to raise about USD 40 billion for its semiconductor sector, Reuters exclusively reported on Tuesday.

With this injection of capital Shanghai-based GTA Semiconductor, one of Chinas largest auto chipmakers manufacturers by production, has in less than two years racked up over $2.7 billion of mostly state funds, according to the Securities Times.