Global Trade Alert
Global Trade Alert

China: Domestic semiconductor manufacturer receives invesments from state and municipal government

Announcement

18 Jan 2023

In January 2023, China National Integrated Circuit Industry Fund II and the Wuxi Municipal Entity agreed to invest in Hua Hong Grace, a semiconductor manufacturer through a Joint Venture.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Jan 2023

Revocation date:

No revocation date

Updated: 18 Jan 2023
Capital injection and equity stakes (including bailouts) In force

On 18 January 2023, Hua Hong Grace, a semiconductor manufacturer entered into a joint venture agreement with a Wuxi Municipal Entity. The unnamed “Wuxi entity”, will invest USD 804...

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Updated: 18 Jan 2023
Capital injection and equity stakes (including bailouts) In force

On 18 January 2023, Hua Hong Grace, a semiconductor manufacturer entered into a joint venture agreement with the state-backed China IC Fund II. The China Integrated Circuit Industry Investment Fund...

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