DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
July 21, 2018 
Main Menu
News archives

Who's Online
There are currently 165 people online.


Latest Reviews
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller

Follow us

Tsinghua Unigroup gets $21.8 billion to kickstart Chinese chip industry

Posted on Wednesday, April 05 2017 @ 14:50:12 CEST by

EE Times reports the Chinese state-backed Tsinghua Unigroup secured an additional 150 billion yuan (about $21.8 billion) in funding from the government-owned China Development Bank and the Integrated Circuit Investment Fund, another state-backed entity.

Tsinghua Unigroup is China's largest semiconductor firm, the company will use the money for upgrades to existing ventures and to boost its core competitiveness. Among other things, Tsinghua Unigroup plans to build two massive memory chip fabs in China, with an estimated price tag of $54 billion.
The Chinese government announced last year its intention to invest some $161 billion over the next 10 years to bolster its domestic semiconductor industry.

Tsinghua said the financing would help improve its global competitiveness and the rise of the IC industry in China.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2018 DM Media Group bvba