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IC Industry Has A Fund Of 600 Billions

MIIT released on Tuesday afternoon "to promote the development of national integrated circuit industry outline" outline proposed the establishment of the National Leading Group for the development of the integrated circuit industry and the establishment of national industrial investment funds. Informed sources said that although there industry fund size document presentation, but in the concrete implementation level, there will be 600 billion financial support. When the Ministry of CCID thinks tank the Institute of Information Security, Liu Quan Tuesday night accepted wisdom news agency said the IC industry investment fund will have national and local categories, at the national level will be about 50 billion scale, will come together with local industry Fund was established, the total will reach 600 billions. Requirements of national industrial investment fund announced "to promote Outline" The main attraction of large enterprises, financial institutions and social capital, focusing on the development of integrated circuits and other industries. Support the establishment of local IC industry investment fund. Encourage all types of venture capital and equity investment funds into integrated circuits. Liu Quan said in Beijing to the provinces will be established by the end of the integrated circuit industry equity investment fund, established municipalities integrated development equity investment fund to finance social investment funds to attract. Equipment, materials sectors, promote corporate mergers and acquisitions. Liu Quan said industry equity fund management companies will be invited to fund investments in the form of equity investment, investment to specific integrated circuit enterprises, enterprise development to be mature before exit. Yang, Deputy Minister of the Ministry of Science Hill news conference on Tuesday, said that with the information and vigorously promote consumer demand for integrated circuits will significantly increase the market size in 2015 is expected to reach 1.2 trillion yuan. "Promote the outline," 2015, IC industry sales revenue over 350 billion yuan; 2020, industry-wide sales of more than 20% average annual growth rate; 2030, the main part of the integrated circuit industry chain reached the international advanced level, The first batch of enterprises to enter the international echelon, to achieve leapfrog development.

    
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