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Home -Events -Trending Topics -The central bank announced the establishment of a 500 billion yuan re-lending facility for technological innovation and technological upgrading

The central bank announced the establishment of a 500 billion yuan re-lending facility for technological innovation and technological upgrading

Release date:2024-06-18Author source:KinghelmViews:288

International News

1. On June 25th, Samsung Electronics' Semiconductor Solutions (DS) division will host a global sales strategy conference at its Hwaseong semiconductor factory, with approximately 120 attendees.

2. Global chip giant Intel has acquired a stake in Lixun Precision's subsidiary, Dongguan Lixun Technology Co., Ltd., enhancing Lixun Precision's competitiveness in related products.

3. Infineon completes the first phase construction of its 200mm silicon carbide wafer fab in Kulim, a core component of Malaysia's $100 billion plan to boost the country's chip output.

4. Sumitomo Electric Industries' electronic wire Phase III project in Suzhou High-tech Zone has commenced production, expected to add 6,000 kilometers per year of high-performance specialty electronic wire capacity.

5. Kinghelm's electronic content on Douyin (TikTok) achieves significant growth with a fan increase of over ten thousand within days.

6. India's electronics manufacturing sector is projected to double in size over the next five years, reaching $250 billion. The government is providing INR 76 billion in support, including a $10 billion incentive for the semiconductor industry.

 

China News

1. The People's Bank of China announced the establishment of a 500 billion yuan re-lending facility for technology innovation and technological transformation, encouraging financial institutions to invest more vigorously in early-stage, small-scale, and hard technology.

2. BYD's new silicon carbide plant, set to become the industry's largest, will commence operations in the second half of this year.

3. Anmouquan's advanced packaging base in Xiangjiang New Area, Hunan, has officially commenced operations. Upon full production, it will achieve an annual capacity of 20 million high-performance large chips.

4. Yeesway's semiconductor materials industry base project officially settles in Jinwan, Zhuhai, with a total investment of approximately 10 billion yuan, planning to build a production base in Jinwan District.

5. Hefei High-tech Zhejiang Merchants Mother Fund is established with a total scale of 5 billion yuan, mainly investing in strategic emerging industries such as next-generation information technology, artificial intelligence, new energy, and new materials.

6. GlobalWafers announced on the 17th that its critical data systems were confirmed undamaged. Affected plants partially resumed production last week, with most plants set to resume shipments on the 18th.

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