Chinese semiconductor companies have raised an estimated $38B so far in 2020, up 100%+ from 2019, through public offerings, private placements, and asset sales (Liza Lin/Wall Street Journal)

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Liza Lin / Wall Street Journal:
Chinese semiconductor companies have raised an estimated $38B so far in 2020, up 100%+ from 2019, through public offerings, private placements, and asset sales  —  Nation's leadership pours money into grooming semiconductor talent and building new facilities, citing need for self-sufficiency

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