China’s scandal-tainted semiconductor investment fund gets new chief

China’s scandal-tainted semiconductor investment fund gets new chief

Home-made chip Godson 3 on display at the second Fuzhou Digital China Construction Achievement Exhibition on May 7, 2019. Photo: VCG

An IT ministry official has been appointed head of China’s biggest state-backed semiconductor investment fund almost nine months after the previous chief was placed under investigation amid a sector-wide corruption probe.