"Beyond that, he has partnered with the Jiangzhou Semiconductor Research Center to launch a chip R&D company. As far as I know, he has already made a one-time capital injection of seven billion for the first phase of research and development!" said the poised Lin Xi.
A collective gasp rippled through the Lin family. They were stunned.
Lin Xi continued, "Although there are many companies in China that shout every day about investing billions in semiconductor R&D, they are all bark and no bite. Someone with his level of commitment is rare, truly rare. Furthermore, it’s understood that he could have obtained government subsidies for his research, but he didn't. He told the authorities to use that funding for other projects at the Chinese Academy of Sciences. Looking across the entire globe, I doubt you’d find anyone else who would do that! While we’re on the subject, I’ll add something else I know: his company, Yiren Ruxue, was offered tax incentives by the Jiangzhou authorities, but he turned those down as well!"
Chapter 289