What is the national fund?
The national large fund refers to the national integrated circuit industry investment fund. The initial investment projects cover the whole chip industry chain, including design, wafer, packaging, equipment and materials. The National Natural Science Foundation was established on September 24th, 20 14, mainly to promote the development of China's chip industry. The investment period of the project is five years, that is, 20 14 years to 20 19 years. By the end of 20 18, the scale of the National Natural Science Foundation had increased from the initial12 billion yuan to nearly 200 billion yuan.