Xu Xiaotian, executive vice chairman and secretary-general of the China Semiconductor Industry Association, said at the "12th China International Seminar and Summit Forum Press Conference" in Shanghai on the 25th that the National IC Industry Investment Fund will be officially listed on the recent day. Established, the scale of the first phase of the Industrial Investment Fund will reach 120 billion yuan, and will mainly invest in key industries such as chip manufacturing.

In order to promote the development of the domestic integrated circuit industry, the State Council approved the Ministry of Industry and Information Technology of the People's Republic of China on June 24, 2014. The Ministry of Industry and Information Technology formally issued the “Outline for the Promotion of the National IC Industry Development” and called for accelerating the development of China’s integrated circuit industry. It also explicitly proposed the establishment of a national integrated circuit industry development group. There are three outlines for setting up national industrial investment funds and increasing financial support.

Xu Xiaotian said that the establishment of the National Integrated Circuit Industry Investment Fund will promote the coordinated development of the entire industrial chain layout of chip design, chip manufacturing, packaging and testing, equipment and materials, and build a complete ecosystem of chips, software, complete machines, systems, and information services. chain. It is expected that the 120 billion yuan of central investment will bring about more than 500 billion yuan in investment from local governments and social capital.

Integrated circuits have become one of the strategic emerging industries that the country vigorously develops. In recent years, emerging industries such as the Internet of Things, smart cities, automotive electronics, medical electronics, wearable electronics, and mobile terminals have developed rapidly in China, and these emerging industries have also become decisive factors in the rise of the integrated circuit industry.

In the industry's view, the state's support plan for the integrated circuit industry will drive China's trillion-dollar market. The vigorous development of the end product market and the integration of integrated circuits, sensors, software and other industries with the mobile internet have injected a strong impetus for the development of the entire electronics industry.