The fund focuses on the integrated circuit chip manufacturing industry, taking into account chip design, packaging and testing, equipment and materials, and implements market-oriented operation and professional management. The question is whether it will destroy the industry.
There used to be many integrated circuits and electronic chip factories in China, many of which were military factories. In the Great Leap Forward of real estate, China demolished the electronic chip factory and built a building, while China basically did not have its own independent electronic chip factory. China's electronic chips are all imported, so we can't produce them ourselves. In 20 13, China spent $230.3 billion on imported electronic chips. More foreign exchange than imported from oil. 20 14 and 20 15, the amount is not reported. It's really unreasonable for such a big country that electronic chips can't be produced by itself. In ord to change that current situation that this kind of electronic chip can't be produced by itself, China want to spend a lot of money to buy foreign electronic chip manufacturers. The United States will not allow China to successfully acquire foreign electronic chip factories. There is no way, China set up a foundation to produce electronic chips by itself. This industry was torn down and now I want to start over. Electronic chip production needs a team, and it is impossible to rely on one person and two people. The production of electronic chips accumulated in China for many years was destroyed. The talents at that time are all old now. Re-train talents. It is hard to say when the production of electronic chips in China will develop again.