Research On Promoting The Development Of Integrated Circuit Industry By Industry Guidance Fund In China

With the development,great changes have taken place in economy.The economy is shifting from a rapid development to a high-quality development.The government industry guidance fund has changed the way of government investment in the past.It's a tool to release market vitality and adjust industrial structure.As the basic technology of IC,it's development cannot far away from guidance and investment.It is unrealistic to invest in strategic emerging enterprises with high risk and uncertain return period only by social capital.Therefore,The country should establish the Government's leading Industry Guidance Fund as the bearer of the implementation of industrial policy,so as to invest widely in the industrial chain of IC and promote the development and upgrading of strategic emerging industries.Then,semiconductor industry guidance funds have been established in various regions.How to use the power of these industrial guidance funds to promote industrial revitalization is a discussion that we should think about.This document synthesizes the relevant theories and documents of the Industrial Guidance Fund.This paper analyzes the development status of the IC industry,and researches the investment and financing of industry guidance fund in IC industry.By selecting industry guidance fund to help Tongfu Microelectronics Co.,Ltd.(TFME)successfully go to sea to merge AMD subsidiary.This paper discusses and analyzes the case of Penang and AMD in order to explore more efficient ways for industrial investment funds to support IC enterprises.On the basis of the analysis,in order to see more clearly whether the guiding role of China's industrial guidance fund in the integrated circuit industry is multifaceted and whether there is a guiding deviation.