China's ZhongJi InnoLight joins state-backed firms to set up $143m semiconductor fund

China's ZhongJi InnoLight joins state-backed firms to set up $143m semiconductor fund

ZhongJi InnoLight, a Chinese company that develops intelligent equipment and optical communication devices, is pouring 30 million yuan ($4 million) into a billion-yuan fund to develop the opto-semiconductors sector in China.

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