This is the official definition: the national integrated circuit industry investment fund will focus on the integrated circuit chip manufacturing industry, taking into account chip design, packaging and testing, equipment and materials industries, and implement market-oriented operation and professional management.

Let me talk about my personal understanding. At present, there is still a big gap between domestic integrated circuits and foreign countries, especially the strong demand for integrated circuits from artificial intelligence. It is certainly impossible to import in large quantities for a long time, so the state has come forward to solve this problem.

A few years ago, there was a situation in China called "lack of screen and core". Now the domestic screens (mainly LCD) represented by BOE A000725 are very competitive in the world, and the screen problem has been solved. However, the development of integrated circuits such as chips, design and packaging in China needs to be strengthened. On the one hand, it is the rapidly growing demand, on the other hand, it is the limited ability to rely on imports. At this time you should understand the significance of this fund!