According to the "Shanghai Securities News" reported on October 28, China Semiconductor Industry Association said that during the "Twelfth Five-Year Plan" period, China's semiconductor industry investment is expected to exceed 270 billion yuan, more than "Eleventh Five-Year" doubled.
According to reports, the association’s sources stated that China will continue to support the integrated circuit industry through “very large-scale integrated circuit manufacturing equipment and complete sets of processes†and that support will be increased. With the full support of the government, China's semiconductor industry will usher in a “golden periodâ€, and leading listed companies are expected to be cultivated into internationally competitive enterprises.
The Ministry of Industry and Information Technology had previously made it clear that it will strive to break the bottleneck of capital, technology, market, talent and policy. While investing more in the integrated circuit industry, it will vigorously promote mergers and acquisitions during the “12th Five-Year Plan†period, “cultivating and forming an international competition. Powerful enterprises, realize the leap in the development of the industrial group."
According to reports, the association’s sources stated that China will continue to support the integrated circuit industry through “very large-scale integrated circuit manufacturing equipment and complete sets of processes†and that support will be increased. With the full support of the government, China's semiconductor industry will usher in a “golden periodâ€, and leading listed companies are expected to be cultivated into internationally competitive enterprises.
The Ministry of Industry and Information Technology had previously made it clear that it will strive to break the bottleneck of capital, technology, market, talent and policy. While investing more in the integrated circuit industry, it will vigorously promote mergers and acquisitions during the “12th Five-Year Plan†period, “cultivating and forming an international competition. Powerful enterprises, realize the leap in the development of the industrial group."