In recent years, imports of mainland IC

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Since late last year, China will set up funds to support the semiconductor industry news (IC) is already spread. Yesterday (21) days have authoritative sources, China's State Council has approved the semiconductor industry support policies, the relevant documents have been issued each department, the estimated total size of the IC industry development fund will reach 6,000 billion yuan (below), far exceeding market expected, official and equity investments to support the development of IC Company.

Great wisdom Addax news agency quoted sources saying yesterday pointed out, IC mainland provinces and cities will be established in Beijing at the end (called Taiwan Semiconductor) the development of equity investment fund industry as a template set up similar funds around to support IC industry to attract social funds to finance capital investment, so the total will reach $ 600 billion scale. In addition, the Ministry will also set up a separate fund IC industry, the scale of tens of billions.

It is understood that Beijing established the scale of last year's 30 billion yuan in the IC industry support fund, then Wuhan, Shanghai, Shenzhen, Beijing and other places also reported to follow the practice, develop their own IC support fund. Which is required by China Market, since more and more PCBA (printed circuit boards assembly) was made in China PCBA factory. And Shenzhen Kingshengpcba Tech.Co., Ltd (C-Alley Co., Limited) company is a professional PCBA manufacturing.

China Securities News reports have pointed out that mainland officials will launch a support policy for the local IC industry this year, efforts will be nearly 10 years, the largest involving level contains the entire semiconductor industry chain, from upstream to downstream packaging and testing of IC design, and related materials. The market had expected the IC industry support fund size of $ 120 billion.

Sources believe that the $ 600 billion size of the design goals of the policy is expected to bring 5 to 8 times the social capital within the next five to 10 years into the IC industry will be watching capital of 3 trillion to 5 trillion. The IC industry development fund will be invited to the fund management company to manage, invest in equity investment funds to the IC industry, enterprise development until maturity and then exit.

Continental IC Insiders pointed out that the mainland government efforts to support this for the IC industry can be described as unprecedented, support model and past the text of the State Council on the 4th, the 18th article of the tax breaks, subsidies are significantly different, this will enable the Fund to support IC industry favor market-oriented operation, which SMIC, Spreadtrum, Huawei Hass its larger scale semiconductor manufacturing and IC design companies are profitable, but smaller, less competitive companies may be mergers and acquisitions.

Insiders said that the mainland's domestic IC industry has developed rapidly in recent years, has been with the vertical integration capability orders alone, although Taiwan manufacturers currently still technically advantage, but profits have been affected, if coupled with the scale of hundreds of billions of official inject a silver bullet, or just catch up with Taiwan factory standard time.

For more news, you can check events from Shenzhen Kingshengpcba Tech.Co., Ltd (C-Alley Co., Limited) company website which is a professional PCBA manufacturing, and factory is located in Shenzhen China.