Global Trade Alert
Global Trade Alert

China: Shanghai Biren Technology receives state aid from state-backed investors

Announcement

01 Dec 2023

In December 2023, several news outlets reported that Chinese fabless semiconductor design company Biren Technology would receive capital injections worth CNY 2 billion from "Guangzhou government-backed investors".

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Dec 2023

Revocation date:

No revocation date

Updated: 01 Dec 2023
Capital injection and equity stakes (including bailouts) In force

On 1 December 2023, several news outlets reported that Chinese fabless semiconductor design company Biren Technology would receive capital injections worth CNY 2 billion (USD 280 million)...

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