Technology

Chinese state-backed funds invest $2.25B in chip factory of local company Semiconductor Manufacturing International, amid US move to limit chips sold to Huawei (Bloomberg)

Bloomberg:
Chinese state-backed funds invest $2.25B in chip factory of local company Semiconductor Manufacturing International, amid US move to limit chips sold to Huawei  —  – State-backed funds invest in Semiconductor Manufacturing plant  — China is aiming to increase monthly capacity by 5 times