Announcement
05 Dec 2023
In December 2023, several news outlets consistently reported that Chinese semiconductor manufacturer Shanghai Huali Microelectronics Corp received state aid worth CNY 6.33 billion from the state-owned National Integrated Circuit Industry Investment Fund.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
05 Dec 2023
Revocation date:
No revocation date
Capital injection and equity stakes (including bailouts)
In force
On 5 December 2023, several news outlets consistently reported that the Chinese company Shanghai Huali Microelectronics Corp (HLMC) received state aid worth CNY 6.33 billion (approx. USD 886 million)....
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