Global Trade Alert
Global Trade Alert

China: Shanghai GTA Semiconductor Co Ltd receives state aid from state-backed funds

Announcement

06 Sep 2023

In September 2023, several news outlets reported that Chinese semiconductor manufacturer Shanghai GTA Semiconductor Co Ltd received funding worth CNY 13.5 billion, parts of which reportedly stem from state-backed investment funds. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

06 Sep 2023

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 6 September 2023, several news outlets reported that Chinese semiconductor manufacturer Shanghai GTA Semiconductor Co Ltd received capital injections worth CNY 13.5 billion (USD 1.85 billion), part...

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