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SMIC affiliate Ningbo Semiconductor International deals with boardroom battle-turned-criminal investigation after founder was ousted

The former chairman and chief executive of Ningbo Semiconductor International Corp (NSI), an affiliate of top Chinese chip maker Semiconductor Manufacturing International Corp (SMIC), is facing criminal charges that include embezzlement and bribery, more than a year after he was kicked out of the company he founded in eastern Zhejiang province in 2016. Herb Huang He, a former US citizen who was once widely lauded for his contributions to China's semiconductor industry, and NSI ex-financial chief

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Beijing Unveils Massive $40 Billion Fund To Boost Chipmaking

China unveils a $40 billion government-backed investment fund to enhance its semiconductor industry, intensifying the chip race with the U.S.

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