A Chinese flag is displayed next to a "Made in China" sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Purchase Licensing Rights, opens new tabBEIJING, May 27 (Reuters) - China has set up a new state-backed investment fund with registered capital of 344 billion yuan ($47.5 billion) to boost the country's semiconductor industry.The third phase of its national integrated circuit industry...