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Technology Jul 14, 2020 05:25 PM (GMT+8) · EqualOcean
The China National Integrated Circuit Industry Investment Fund (CICIIF or 'Big Fund') has, once again, reduced its ownership in NOR flash memory designer GigaDevice Semiconductor (603986:SH). The Fund's share in the chipmaker's equity structure has reached 7.33% for the first time. As the country's semiconductor industry is maturing, the state-backed investment entities free their capital for new ventures.

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