<ul><li>Investment in China’s semiconductor industry dropped by one-third this year amidst US export restrictions and concerns of overcapacity.</li><li>In the first 11 months of 2024, 677 investment deals were concluded, a drop of 35.9 percent year-on-year.</li><li>The largest investment deal was a 10.8 billion yuan round by memory chip maker ChangXin Memory Technologies.</li><li>State-backed investment, led by the China Integrated Circuit Industry Investment Fund, now dominates chip investment in China.</li></ul>

China Chip Investment Plummets Amidst US Restrictions

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