Executives overseeing China's major semiconductor industry fund are under investigation
Ding Wenwu, president of the China Integrated Circuit Industry Investment Fund, is under investigation, Caixin reported, citing sources familiar with the matter.Ding has served as the president of the fund since its inception. Previously, he was the Deputy Director of the Electronic Information Department of the Ministry of Industry and Information Technology.The executive was last seen in public during the 6th Jiwei Semiconductor Summit in Xiamen, Fujian, on July 16. At the summit, he delivered a speech, saying that at present, the domestic and international climate is harsh, complicated, and...
Source: pingwest.com