Hong Kong-based investment firm China Everbright Ltd. and American venture capital company Walden International Group are jointly launching a US$500 million fund focused on the semiconductor and industrial information technology sectors. The Walden CEL Global Fund I will target investments in enterprises along the semiconductor and electronic information supply chain, including but not limited to microchips, artificial intelligence, as well as hardware and software integration, according to an announcement. In addition, the fund will seek to create synergies by importing …

China Everbright, Walden To Launch $500M Semiconductor Fund appeared first on China Money Network.