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China's 'Big Fund' is investing $1 billion in another domestic foundry, to advance sub-10nm chip manufacturing

Chinas Big Fund is investing $1 billion in another in another domestic foundry, to advance sub-10nm chip manufacturing. HLMC (Huahongs Shanghai Huali Microelectronics Corp.) is the recipient, and will use the funds to help it continue developing new process technologies.
China Integrated Circuit Industry Investment Fund Semiconductor Manufacturing International Corp Big Fund Huahong Group Shanghai Huali Microelectronics Corp Shanghai Huali Microelectronics

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