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China to pivot $50 billion chip fund to fighting U.S….

Pelican Press

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in World News

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When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit: Getty /Yaorusheng Executives of China’s Big Fund III are re-adjusting its purpose to address the most notorious gaps in the country’s semiconductor industry, namely lithography tools and electronic design automation (EDA) software. Previously, it was designed to support…

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