Wuxi establishes two major industrial funds to boost the development of the integrated circuit industry

Recently, Wuxi City has established two large industry funds, namely Jiangsu Province Integrated Circuit (Wuxi) Industry Special Fund and Wuxi Future Industry Angel Fund, with fund sizes of 5 billion yuan and 1 billion yuan respectively. These funds are established to support the development of the local integrated circuit industry and promote technological innovation and industrial upgrading.