China Corruption Watchdog Probing Head of State-Backed Chip-Focused ‘Big Fund’: Details

China’s Central Commission for Discipline Inspection is investigating Ding Wenwu, the head of the China Integrated Circuit Industry Investment Fund, also known as the "Big Fund", according to the corruption watchdog. The state-backed chip-focused fund was launched to accelerate the country’s semiconductor industry, and Wenwu is "suspected of serious violations of ...

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