Global Trade Alert
Global Trade Alert

China: SMIC South receives USD 1.8 billion in state aid from National Integrated Circuit Industry Investment Fund III

Announcement

29 Dec 2025

In December 2025, Semiconductor Manufacturing International Corporation (SMIC) announced that its subsidiary SMIC South would receive a capital injection of USD 1.8 billion from the third phase of the state-owned National Integrated Circuit Industry (IC) Investment Fund.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Dec 2025

Revocation date:

No revocation date

Announced: 29 Dec 2025
Equity stake In force

Recent update from 18 Aug 2026:

On 29 December 2025, Semiconductor Manufacturing International Corporation (SMIC) announced that its subsidiary SMIC South (SMSC) would receive a capital injection of USD 1.83 billion from the thir...

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