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Chinese chipmaker GTA Semiconductor raises over USD 1.8 bn as Beijing prepares new chip fund, ET Auto - Vimarsana News

Chinese chipmaker GTA Semiconductor raises over USD 1.8 bn as Beijing prepares new chip fund, ET Auto

Published: September 7, 2023

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.

Source: indiatimes.com
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gta semiconductor: Chinese chipmaker GTA Semiconductor raises over $1.8 billion as Beijing prepares new chip fund - Vimarsana News

gta semiconductor: Chinese chipmaker GTA Semiconductor raises over $1.8 billion as Beijing prepares new chip fund

Published: September 6, 2023

With this injection of capital Shanghai-based GTA Semiconductor, one of China's 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.

Source: indiatimes.com
Related Topics:
Indian School Of BusinessNorthwestern UniversityOffering CollegeSecurities TimesTech ProcessHigh Value SkillPost Graduate CertificateShanghai Based SpinnotecGta SemiconductorChip ManufacturingAuto Chipmaker